Mellitah Oil & Gas, a joint venture between Eni and Libya's NOC, has commenced hydrocarbon production from Bahr Essalam gas field, supported by the new Sabratha compression project to increase output and efficiency.
Eni SPA and XRG have signed agreements with YPF SA to acquire interests in key upstream blocks within Argentina's Vaca Muerta basin, supporting a large-scale LNG development project in the region.
The company is processing 3D seismic data to develop a detailed subsurface model, which will guide the drilling program upon receiving regulatory approval, targeting the major gas potential in the Po Valley basin.
As of January 2026, US atmospheric distillation capacity stands at 18.2 million b/d, marking a 1% decrease from the previous year due to refinery closures.
