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Italy's No. 1 oil producer blames the result on the impact of plunging oil prices on its exploration and production division.
European companies selling to emerging markets might be a good diversification play.
European stocks rose on Friday amid hopes that G20 policy makers meeting in Shanghai would take action to spur growth.
The energy giant describes the field as the 'largest ever' found in the Mediterranean Sea.
European markets slipped on Tuesday as Greece's bailout deal faced political opposition at home and as Iran struck a long-awaited agreement to contain its nuclear program.
European stock indices surged on Tuesday as markets reopened after the Easter break, amid optimism that the Federal Reserve may hold off longer than previously expected before raising rates.
Noble Corp. (NE) stock is up today as oil prices rise.
Oasis Petroleum (OAS) stock is up today as the price of oil rebounds.
Denbury Resources (DNR) stock is up today as oil prices rebound.
Anadarko Petroleum (APC) stock is up as the energy sector rises thanks to the slight gain in oil prices.
Shell (RDS.A) stock is rising as the company looks to sell its Nigerian oil blocks as a result of increased violence and oil theft.
PIM CCG E are going ex-dividend Monday, Monday, September 22, 2014
TheStreet's Jim Cramer answers Twitter (TWTR) questions from the floor of the New York Stock Exchange on Monday.
Big beta, big volatility and big dividend oil stocks are appealing no matter where they call home.
FCO E XYL are going ex-dividend Monday, Monday, May 19, 2014, 4:00 AM ET
Looking at the universe of stocks we cover at Dividend Channel, on 5/19/14, ENI S. .
Production is unlikely to restart at the Kashagan oil field in Kazakhstan this summer as a consortium of companies await a report on the gas leak that caused its closing
Over the long term, BP, Eni and Total should deliver strong total return from the higher dividend yield and rebounding stock prices.
BP, ENI, and Royal Dutch Shell are great firms that deserve support from officials. Investors should not ignore the potential of the European energy sector.
Italy presents an opportunity for aggressive investors willing to make a contrarian trade.
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