Eni sinks to $10bn loss as production and oil prices drop

Italian major also makes adjusted net loss but manages to significantly pare back spending in Covid-hit year

Large loss: for Eni in 2020, as with peers — Large loss: for Eni in 2020, as with peersPhoto: REUTERS/SCANPIX

Eoin O'Cinneide

London

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Published 19 February 2021, 07:12Updated 19 February 2021, 07:32