Word: enis
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Dates: during 2000-2009
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...government may have been right all along. After months of sticking to their demands, oil companies now are agreeing to Iraq's $2-a-barrel offer. In mid-November, Italian oil executives from ENI flew to Baghdad to sign a deal on Zubair, a southern Iraq field with about 4.1 billion barrels of reserves. ENI plans to pump about 1.1 million barrels a day from Zubair in partnership with California-based Occidental Petroleum and South Korea's Kogas. ENI was quickly followed by ExxonMobil and Royal Dutch Shell, which agreed to produce about 2.3 million barrels a day in another...
Major Western oil companies operating in Iran, including Total, Royal Dutch Shell and the Italian company ENI, have held off from signing new deals with Iranian oil officials for several months, perhaps waiting to see if President Obama's moves to open talks with Tehran will succeed in breaking the political impasse. The Chinese deal last month to develop the South Pars gas field came only after Total opted not to sign, fearing political fallout. Such fears have rarely fazed Beijing - and are unlikely...
...around Naples, the Mob is not just murderous, but also a major drag on Italy's economic development. A recent report by the Confesercenti small-business association estimated that organized crime accounts for 7% of Italy's GDP, a larger share than any corporate behemoth, even the energy giant ENI. The Sicilian Mob is one of Italy's original multinationals, having partnered with its Italo-American cousins and gangsters around the world to traffic drugs and weapons, launder money and promote other illegal cross-border business...
...dissuaded. He wanted to expand Chevron's footprint in Asia. Unocal owns valuable production and distribution facilities and has a stake in oil and gas reserves in Thailand, Indonesia and Burma. On Feb. 7, Williamson told O'Reilly that he had been approached by others?Italy's Eni, a partly state-owned oil and gas company, had also expressed interest at this point?and that Unocal's board would evaluate any and all offers. That's what O'Reilly had wanted to hear: Unocal was now officially in play...
...March 28, Unocal CEO Williamson again spoke to Chevron's O'Reilly, telling him that he was expecting formal bids from both CNOOC and Eni in the next few days, SEC documents reveal. He also said that if Chevron wanted to get back into the game, it should make an improved offer before Unocal's board reconvened two days later. O'Reilly, again with his board's backing, complied, coming up with an improved all-stock deal...