Fetching News Details
Italian oil giant, Eni released its second-quarter earnings on Friday, reporting a massive 66% jump in the profits. Net profit climbed to 767 million euros, a little shy of the analyst’s estimate of 1 billion euros. The report reflected that the firm faced higher tax rates this year. With a 5% rise in output for the quarter, Eni is sticking with its estimated 4% production growth for the year.
