Eni Rejects Exmar's FLNG Bonus Claim in Congo LNG Dispute [Yahoo! Finance]

ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
Company Research
Source: Yahoo! Finance
In This Article EXM.BR ENI.MI SM RRC SUN Eni SpA E, the Italian energy giant, has firmly rejected Belgian shipping company Exmar's claim that it is entitled to a bonus payment under the terms of their floating liquefied natural gas (FLNG) unit sale agreement. The disagreement stems from the performance of the FLNG Tango, which has been operating at the Congo LNG project off the coast of Africa. Eni Challenges Exmar's Bonus Entitlement The dispute arose after Exmar disclosed that the FLNG Tango had exceeded production expectations and guaranteed levels. The company pointed to a price adjustment clause in its agreement with Eni, which included a potential negative correction of $78 million and a maximum bonus of $44 million based on perform
Read more
Impact Snapshot
Event Time:
E
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
E alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
E alerts
High impacting ENI S.p.A. news events
Weekly update
A roundup of the hottest topics
E
News
- Eni Boosts Baleine Offshore Production to Support Local Energy Demands [Yahoo! Finance]Yahoo! Finance
- Shell Exits Nigeria's Onshore Oil to Focus on Offshore Projects [Yahoo! Finance]Yahoo! Finance
- Shell Completes Sale of Nigerian Onshore Assets [Yahoo! Finance]Yahoo! Finance
- Eni and UKAEA to Build World's Largest Tritium Facility [Yahoo! Finance]Yahoo! Finance
- Eni Q4 Earnings Fall Short of Estimates, Revenues Decline Y/Y [Yahoo! Finance]Yahoo! Finance
E
Sec Filings
- 3/19/25 - Form 6-K
- 3/6/25 - Form 6-K
- 3/4/25 - Form 6-K
- E's page on the SEC website