Eni SpA Further Expands Into Ukraine, Meets With Yanukovych

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Hira Shahnawaz Akhtar
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Updated on

Eni SpA (NYSE:E) (BIT:ENI) CEO Paolo Scaroni met with Viktor Yanukovych, the President of Ukraine on 30 Oct to discuss Eni’s work in the country. Scaroni displayed a keen interest in the country and assured President Yanukovych of his company’s commitment to developing hydrocarbons in the area. Eni SpA (NYSE:E) (BIT:ENI) has been present in Ukraine since April 2011 when it first reached an agreement with Cadogan Petroleum Plc (LON:CAD) for the acquisition of stake in two exploration and development licenses in the area of Dnieper-Donets Basin. Cadogan and Eni have agreed to begin “The agreement, which is part of Eni…

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.