Italy’s largest energy company Eni is considering a return to trading oil and natural gas, nearly six years after exiting the business, as price volatility driven by geopolitics reshapes global energy markets.

Italy’s government is set to support Eni CEO Claudio Descalzi for a new three-year term, sources said, potentially extending his tenure as the energy company’s longest-serving chief.

Italian energy company Eni announced on Thursday plans to invest $8 billion in Egypt over the next five years, according to a statement from the Egyptian government.

Italy's Eni on Saturday started a second phase of oil and gas production at Ivory Coast's offshore Baleine field, the energy group has announced.

Azerbaijan’s President Ilham Aliyev on Thursday met with Claudio Descalzi, the CEO of the Italian company Eni S.p.A, in Rome, News.Az reports.

Italy’s oil and gas giant Eni has announced the commencement of natural gas production from the Argo Cassiopea Field off the coast of Sicily.

Azerbaijan’s energy giant SOCAR and Italy’s Eni S.p.A. have signed a Memorandum of Understanding for Cooperation in Energy Projects and Energy Transition Initiatives.