Author: Admin

(RTTNews) – Italian energy major Eni S.P.A. (E) reported Wednesday significantly higher profit in its second quarter, as revenues were benefited by higher production and prices. Further, citing the strong execution and the market environment, Eni raised guidance on fiscal 2026 oil & gas production to around 5 percent underlying growth from previously announced 3 percent to 4 percent target range. The firm also increased share repurchase plan by 20 percent to 3.4 billion euros from last quarter’s revised guidance of 2.8 billion euros. The company also confirmed the planned 2026 dividend of 1.1 euros per share, up 5 percent…