Eni, Total, Shell Plan Expansions in Southern Italy Amid ShortfallsHira Shahnawaz Akhtar
Eni SpA (NYSE:E) (BIT:ENI), Total SA (NYSE:TOT) and Royal Dutch Shell plc (NYSE:RDS.A) (NYSE:RDS.B) want to develop Italy with the aim of almost doubling the current output of 101,000 barrels a day. If all estimates are met, production in Italy could reach 215,000 and the country will replace Denmark as the third largest oil producing nation in Europe.
The historical and current status of the top five producers in Europe is shown in the table below.
Table . . .
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