Current E Stock Info

Italy’s Eni expects to invest $6-$10 billion in Zohr
Egypt’s Oil Minister Tarek El Molla said this week that the country hopes to have production from the newly discovered Zohr gas field starting in 2017, a year ahead of its original plan. The field, discovered by Italy’s Eni (ticker: E) earlier this year, will be the biggest in the Mediterranean, with an estimated 30 trillion cubic feet of gas. The Italian energy company plans to invest $6-$10 billion to develop Zohr, reports Reuters.
Demand growing
Officials originally called for producti...

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