Eni trims capex plans after profits drop in first quarter

Italian major retains 2025 expected hydrocarbon output and shareholder distributions amid challenging operating environment

Eni chief executive officer Claudio Descalzi.
Eni chief executive officer Claudio Descalzi.Photo: REUTERS/SCANPIX
Published 24 April 2025, 07:18Updated 24 April 2025, 07:18
EniItalyClaudio DescalziEuropeWestern Europe