Giovedì 26 Novembre 2020 | 05:43

NEWS DALLA SEZIONE

NAPLES
Naples shocked by death of Maradona, 'the greatest'

Naples shocked by death of Maradona, 'the greatest'

 
ROME
Covid: 25,853 cases in 24 hrs, 722 dead

Covid: 25,853 cases in 24 hrs, 722 dead

 
ROME
RAI probe into 'sexy shopping' segment

RAI probe into 'sexy shopping' segment

 
ROME
Tax moves will be very big says Gualtieri

Tax moves will be very big says Gualtieri

 
LA SPEZIA
Navy base clerk took sickies to do Caribbean dance classes

Navy base clerk took sickies to do Caribbean dance classes

 
ROME
Conte calls for EU coordination on Xmas, ski-slope rules

Conte calls for EU coordination on Xmas, ski-slope rules

 
ROME
Italy, Spain will work to avert Recovery Fund delay - Conte

Italy, Spain will work to avert Recovery Fund delay - Conte

 
ROME
826 prison inmates, 1042 warders positive - Bonafede

826 prison inmates, 1042 warders positive - Bonafede

 
VENICE
3 gangmasters arrested in Veneto

3 gangmasters arrested in Veneto

 
PALERMO
Girl, 10, dies after banging head at school

Girl, 10, dies after banging head at school

 
ROME
Italy must pay family benefit to non-EU citizens -EU court

Italy must pay family benefit to non-EU citizens -EU court

 

Il Biancorosso

25 novembre
Bari calcio, videospot dei biancorossi contro violenza sulle donne

Bari calcio, videospot dei biancorossi contro violenza sulle donne

 

NEWS DALLE PROVINCE

BatAveva 79 anni
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Presicce, sigilli a depuratore: convertito senza autorizzazione

 
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Covid in Basilicata, governatore chiede ad Arcuri screening di massa

 
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Oria, ricercato da aprile, si era nascosto in un «bunker» per sfuggire alla cattura: arrestato 46enne

Oria, ricercato da aprile, si era nascosto in un «bunker» per sfuggire alla cattura: arrestato 46enne

 
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Basilicata, in aumento i reati di genere: soprattutto maltrattamenti e violenze sessuali

Basilicata, in aumento i reati di genere: soprattutto maltrattamenti e violenze sessuali

 

i più letti

ROME

Eni posts 9-mt loss of 7.8 bn

Great resilience and flexibility, above expectations - Descalzi

Eni posts 9-mt loss of 7.8 bn

ROME, OCT 28 - Italian fuels giant Eni on Wednesday posted a nine-month loss of 7.8 billion euros. Losses in the third quarter of the year were 500 million, the oil and gas group said. Eni Managing Director Claudio Descalzi said the company had shown "great resilience" amid the COVID shock. The results were better than expected, he said. Descalzi said: "In a market environment that remains challenging, we are continuing to successfully mitigate the negative impact of this crisis and making progress with our decarbonization strategy. We achieved excellent results during the quarter, clearly exceeding market expectations in the face of a 30% decline in oil and gas prices, and a 90% decline in refining margins. "In E&P, even with Brent at 43 $/barrel, we achieved production levels in line with our expectations, and an EBIT of €0.52 billion, double consensus estimates. In a quarter that is traditionally weaker seasonally, the Global Gas & LNG Portfolio has achieved significant results. R&M has shown its resilience in a particularly unfavourable scenario for traditional refining, driven by strong marketing performance, particularly in biofuels, as our two biorefineries allowed us to capture advantageous market opportunities. "The growth of gas retail, driven by customer loyalty, and the stable results of the power and oil products marketing, helped to offset the impact of an extremely negative scenario in traditional refining and chemicals. Over the last nine months, thanks to the reduction in capex and costs efficiencies implemented earlier this year, we generated an operating cash flow of over €5 billion, compared to a level of capex equal to €3.8 billion. "These results showcase our robust capital structure that has been further strengthened by the two hybrid bond issues of €3 billion made in October, which have allowed us to keep leverage below 30%. Faced with a crisis of unprecedented proportions, Eni has demonstrated great resilience and flexibility. In light of these results, we look forward to a recovery in demand, whilst continuing to pursue our energy transition program." (ANSA).

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