Oil multinational Eni not worried by low prices, says CEO
(AGI) Rome, Dec 10 - The sharp drop in oil prices does notworry Italian oil and gas giant Eni, said CEO Claudio Descalzi.The company was used to fluctuations and "we have theflexibility to adapt. We do not see the situation as one forpanic and worry, but as an opportunity," he stressed. The U.S.has revised down estimates for domestic oil production nextyear by 100,000 barrels a day. The U.S. will produce 9.4million barrels a day next year, according to the Department ofEnergy, above the 9.3 million barrels a day predicted by theInternational