Eni, the international oil and gas company, announced its group results for the second quarter and the first half of 2012 (unaudited).
Financial Highlights
Operational Highlights
Paolo Scaroni, Chief Executive Officer, commented:
“In the first half of 2012, Eni delivered excellent results with strong production growth, supported by the recovery in Libyan output. We have achieved unprecedented exploration success with major new discoveries and secured promising opportunities in high potential areas. Gas & Power and Refining & Marketing have contained the impact of widespread market weakness. Through the divestment of our stakes in Snam and Galp our balance sheet will be transformed, securing our capacity to finance robust long-term growth in any market environment. Our confidence in Eni’s outlook underpins my proposal of an interim dividend of €0.54 per share to Eni’s Board on September 20.”
[mappress] LNG World News Staff, August 01, 2012