Oil Major Eni Books Highest Annual Earnings In Over A Decade ...Middle East

Italy’s Eni (NYSE: E) reported on Thursday its highest annual net profit in over a decade, joining other international oil majors in reporting high or record earnings for 2022 on the back of soaring oil and gas prices. Eni’s adjusted net profit surged to $14.1 billion (13.3 billion euros) for 2022, up by $9.5 billion (9 billion euros) compared to 2021, due to a strong operating performance and higher results of equity-accounted entities, the Italian company said today.    However, the slide in prices in the fourth quarter…

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