--Eni is looking to raise more than 4 billion euros ($4.29 billion) from sales in its upstream business, with operations in Indonesia and Cyprus among the potential units put for sale, Bloomberg reports, citing unnamed sources.

--The Italian energy company could also raise between EUR850 million and EUR1 billion from the announced sale of its Alaskan upstream assets to Hilcorp, as well as a similar amount from a potential disposal of a 30% stake in its Ivory Coast operations, Bloomberg reports.

--The sales would be part of Eni's broader strategy of raising EUR8 billion via asset sales over the next three years.

--Eni didn't immediately respond to a request for comment by Dow Jones Newswires.


Full story: https://tinyurl.com/52a5xsx6


Write to Christian Moess Laursen at christian.moess@wsj.com


(END) Dow Jones Newswires

07-01-24 1133ET