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Stock Market & Financial Investment News

News Breaks
January 10, 2014
13:52 EDTEEni closes export pipeline in Nigeria due to sabotage, WSJ reports
Eni SpA has closed the Tedidaba-Brass pipeline, an export pipeline, following a sabotage in the Niger Delta of Nigeria, reports the Wall Street Journal. The pipeline is operated by a local Eni joint venture, and typically carries the Brass grade for export. Reference Link
News For E From The Last 14 Days
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August 31, 2015
16:23 EDTEOn The Fly: Top stock stories for Monday
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08:19 EDTEDelek Group, Noble Energy slip after Eni 'supergiant' gas find
The shares of Israel-based holding and management company Delek Group (DGRLY) plunged in Tel Aviv trading after Italy's Eni SpA (E) announced over the weekend that it has made a "world class supergiant" gas discovery at its Zohr prospect, in the deep waters of Egypt. According to the well and seismic information available, the discovery could hold a potential of 30T cubic feet of lean gas in place, or 5.5B barrels of oil equivalent, Eni stated. The development of the Leviathan field, estimated by Delek to have 21.9T cubic feet of natural gas, has been stalled by the Israeli government. Noble Energy (NBL) has been developing gas fields in Israel with plans to export the fuel to Egypt and other nations in the region. Shares of Delek Group trading in New York closed at $26.17 on Friday. Noble Energy shares, which closed at $34.53 on Friday, were down about 2.7% top $33.60 in pre-market trading.
August 30, 2015
17:24 EDTEEni discovers 'supergiant' Mediterranean gas field
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