Highlights Eni joins Shell and BP in halting Russian oil purchases Move comes after US bans imports and Europe seeks phase out Eni says will honor decisions of European and Italian institutions Italian energy major Eni has suspended all new purchases of oil and oil products from Russia, according to a statement sent March 10 to S&P Global Commodity Insights. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now "Eni has suspended the stipulation of new contracts related to the procurement of oil and oil products from Russia," said the emailed statement. "In any case, Eni will fully honor every decision to be taken by the European and Italian institutions." The company is following steps being taken by other oil majors to distance themselves from Russia. Shell and BP said March 8 that they would stop all spot purchases of Russian oil and products. […]

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