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Eni profits slump on lower oil and gas prices
Eni profits slump on lower oil and gas prices
Economy
by  AFP

Italian energy giant Eni said Friday its net profit fell 67 percent to 1.91 billion euros in the third quarter of 2023, hit by falling oil and gas prices. Like its competitors, Eni benefited last year from the spike in gas and oil prices linked to the war in Ukraine, posting a record net profit of 13.8 billion euros.