Eni to take up $4 billion impairment hit due to lower oil price outlook

Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (cca. $3.96 billion) as a result of a lower outlook for energy prices.

Eni said on Monday that it was cutting its forecasts for oil and gas prices, both in the short and long term.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.