Q2 loss: Eni chief executive Claudio Descalzi Photo: REUTERS/SCANPIX

Eni chops capex amid $5 billion loss as Covid-19 slashes output

Italian player cuts capex by $3 billion, approximately 35% lower than the initial capital budget

30 July 2020 7:59 GMT Updated  30 July 2020 7:59 GMT
 in    London