Italy's ENI seeks partners in industry reform; Investors fear for firm's future without gas monopoly

Article Abstract:

Responding to fears of investors., Gian Maria Gros-Pietro, Chairman of ENI, has stated that his company is better of than some think and that gas industry liberalization in Italy will not have an adverse effect. The company , he says, is pursuing international alliances.

Natural Gas, Privatization, Privatization (Business)

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ENI talks with Spain's Repsol about possible energy merger

Article Abstract:

ENI SpA is engaged in preliminary discussions with Repsol-YPF SA about a possible merger. Such a deal would form an entity with about 10 billion barrels in oil and gas reserves.

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Italian government favors merger of Eni, Repsol

Article Abstract:

The government of Italy has approved the proposed merger between ENI SpA and Repsol-YPF SA. The merger would facilitate the government's attempts to sell off its 36% share in ENI.

Foreign operations, Mergers, acquisitions and divestments

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