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In the news this week…

Tue 22 March 2016

Category: Industry News

Eni slashes breakeven to $27. Sets $7B divestment target

Italian oil company Eni has set a $7 billion divestment target for the period between 2016 and 2019, slashed the breakeven oil price and said the industry needs to understand that the low oil prices are actually not low, but normal.

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