Milan, Italy, Feb 26, 2026 (AFP) - Italy's Eni holds up in 2025, plans 2026 output hike

NAMPA / AFP

2026-02-27

Italian energy giant Eni managed to withstand falling oil prices and negative exchange rates in 2025, and plans to step up the pace in 2026, notably thanks to new fields. "Eni demonstrated its ability to combine production growth, reduced capital expenditure, lower debt and higher shareholder returns," chief executive Claudio Descalzi said in a statement on Thursday. The Italian oil and gas giant limited the drop in its net profit to one percent,......

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