Eni Reducing Stakes in Mexico, Indonesia Oil Fields -Reuters
May 31 2018 - 7:28AM
Dow Jones News
--Italian oil-and-gas company Eni is in the process of reducing
its stakes in its Mexico and Indonesia oil fields, Chief Financial
Officer Massimo Mondazzi said Thursday, according to Reuters.
--"We define our strategy as 'dual exploration': we normally
start with a very high stake in a field and then reduce it through
an ongoing process," Reuters quotes Mr. Mondazzi as saying.
Full story: https://reut.rs/2J6TJy4
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(END) Dow Jones Newswires
May 31, 2018 07:13 ET (11:13 GMT)
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