{"id":7539,"date":"2018-04-27T04:30:15","date_gmt":"2018-04-27T08:30:15","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=ad30f9009f83801c0bcaa63792b0f249"},"modified":"2018-04-27T04:30:15","modified_gmt":"2018-04-27T08:30:15","slug":"eni-1q-earnings-dip-slightly-despite-rising-production","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/27\/eni-1q-earnings-dip-slightly-despite-rising-production\/","title":{"rendered":"Eni 1Q earnings dip slightly despite rising production"},"content":{"rendered":"<p>MILAN &#8212; Italian gas and oil company Eni says first-quarter profits dropped slightly as production grew by 4 per cent amid rising oil prices.<\/p>\n<p>Eni on Friday reported net profit in the quarter down 2 per cent to 946 million euros ($1.1 billion), from 965 million euros a year earlier.<\/p>\n<p>Production rose to 1.867 million barrels of oil equivalent a day, with oil prices up 8 per cent year-on-year.<\/p>\n<p>With operating net profit &#8212; or profits before taxes and interest &#8212; up by 30 per cent to 978 million euros, Eni CEO Claudio Descalzi said that Eni&#8217;s results were &#8220;over and above the rising price of oil.&#8221;<\/p>\n<p>During the quarter, Eni acquired a concession in the United Arab Emirates and sold an additional 10 per cent in its Zohr field in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MILAN &mdash; Italian gas and oil company Eni says first-quarter profits dropped slightly as production grew by 4 per cent amid rising oil prices. Eni on Friday reported net profit in the quarter down 2 per cent to 946 million euros ($1.1 billion), from 965 million euros a year earlier. Production rose to 1.867 million [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7539"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7539"}],"version-history":[{"count":2,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7539\/revisions"}],"predecessor-version":[{"id":7542,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7539\/revisions\/7542"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}