Eni says Middle East crisis will only marginally affect its oil production and cash flow, though actual impact may be larger.
The company will de‑consolidate €2.6 billion of debt from its Plenitude subsidiary, reducing overall leverage.
Eni commits to fulfill jet fuel, diesel and gasoline deliveries and expects its chemical unit to post better Q2 results versus Q1.
Eni is engaging trading firms to enhance trading capabilities and seeks flexibility to recover trade receivables from Venezuela.