Eni profits steady as cost-cutting efforts offset oil uncertainty


Newswire – Eni SpA reported profit that beat analyst estimates as proceeds from asset sales and sweeping cost cuts helped counter a weak oil market. While crude prices were lower in the second quarter — weighing on earnings at other European oil companies — Eni has been buoyed by a cost-reduction program introduced earlier this […]

The post Eni profits steady as cost-cutting efforts offset oil uncertainty appeared first on SweetCrudeReports.



This article was originally posted at sweetcrudereports.com

News  ADNOC Gas announces Q1 net income of $1.27 billion, up 7% year on year

Be the first to comment

Leave a Reply