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Market Chatter: Eni to Invest $26.2 Billion in North Africa Over Next 4 Years
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Market Chatter: Eni to Invest $26.2 Billion in North Africa Over Next 4 Years
Apr 8, 2025 8:12 AM

10:58 AM EDT, 04/08/2025 (MT Newswires) -- Eni (E) plans to invest 24 billion euros ($26.2 billion) over the next four years in Algeria, Libya and Egypt to boost energy production, Reuters reported Tuesday, citing Chief Executive Officer Claudio Descalzi at a conference in Italy.

Eni didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 26.10, Change: -0.35, Percent Change: -1.32

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