German utility Uniper SE wouldn’t breach European Union guidelines if it opened an account in euros in Russia to pay for gas, according to a spokesman for the economy ministry in Berlin.
Oil is poised to eke out a fifth monthly advance after another tumultuous period of trading that saw prices whipsawed by the fallout of Russia’s war in Ukraine and the resurgence of Covid-19 in China.
Italian energy giant Eni said on Friday its adjusted net income soared to $3.4 billion (3.27 billion euros) for the first quarter of 2022, beating market expectations and driving the company’s bottomline up from 270 million euros in profit a year ago.
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