Market Chatter: Eni Mulling Sale of Upstream Assets After Deal With Vitol

MT Newswires Live

Apr 08

Eni (E) is evaluating a potential sale of its upstream assets following a recent agreement with Vitol, Reuters reported Monday, citing Eni's chief operating officer for upstream Guido Brusco.

The Italian energy company is continuing to pursue asset sale deals as previous sales in Ivory Coast and Congo had drawn "significant" interest from various investors, Brusco reportedly told the media outlet.

In March, Eni agreed to sell stakes in assets in Ivory Coast and the Republic of Congo to Vitol for $1.65 billion, Reuters reported.

Eni and Vitol did not immediately respond to requests for a comment from MT Newswires.

Shares of Eni were down nearly 6% in recent trading.

(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: 26.51, Change: -1.63, Percent Change: -5.79

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 26.51, Change: -1.63, Percent Change: -5.79</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4201","symbol_name":"综合性石油与天然气企业","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2525073327","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525073327","pubTimestamp":1744053054,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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