Eni reports 4.8% rise in net profits, despite Libya concerns

(ANSA) - Rome, July 31 - Italian oil and gas giant Eni reported an increase of 4.8% in adjusted net profits in the first half of this year, but acknowledged it was being affected by conflict in Libya.
    State-controlled Eni said that its adjusted net profit was 2.06 billion euros for the first six months of 2014.
    For the second quarter alone, adjusted net profit jumped by 50.7% to 0.87 billion euros.
    In a statement, Eni said that "geopolitical" events in Libya were a concern for operations, including its exportation and production activities there.