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Eni, Venezuela Team Up for Energy Sector Revitalization

MT Newswires·08/30/2026 04:30:26
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04:30 AM EDT, 08/30/2026 (MT Newswires) -- Eni (ENI.MI) is collaborating with Venezuela to support the country's energy market of the country, Bloomberg News reported on Aug. 29, citing a company statement. The Italian energy company said that the discussions with the country's authorities aim to revitalize Venezuela's energy market as the US disclosed a plan to control 55% of the country's effective oil output via a joint venture. The company noted that it will disclose its plans after the details are finalized.