Eni ‘defends’ balance sheet with 25% budget cuts

Italian player reduces upstream spending as nation closes petrol stations amid "safety issues"

Making cuts: chief executive Claudio Descalzi — Making cuts: chief executive Claudio DescalziPhoto: REUTERS/SCANPIX

Anamaria Deduleasa

London

Eni Italy Europe Claudio Descalzi Southeast Asia

Published 25 March 2020, 18:04Updated 25 March 2020, 19:04