World, As Seen from the most beautiful islands: Ireland and Cyprus

ENI reported the disastrous first quarter

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The profits of the Italian oil and gas group Eni almost completely went up in smoke in the first quarter of this year due to the plummeting oil prices. Adjusted net profit was 59 million euros, while a year earlier had a plus of 992 million euros.

Eni indicated to lower its production expectations for this year and to cut capital investment even more sharply. The company had previously said that it would stop buying back its own shares.


Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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