Financial Times | Eni reports record oil and gas production Financial Times Eni delivered its new projects despite a 40 per cent reduction in capital expenditure on upstream development since crude prices crashed in 2014. Similar cuts have been reported across the industry, reflecting tighter cost discipline by exploration and ... Italian oil producer Eni sees jump in profits Rising oil prices help Italy's Eni back to black ENI net profit up sixfold in Q4 as oil prices rise |