Sunday, 19 January 2025

Focus on Eni S.p.A.

A view shows the ExxonMobil oil refinery in Port-Jerome-sur-Seine, France.
BiofuelsEmissionsNatural GasNewsOilSustainable Aviation Fuel

Oil majors are betting big on biofuels with over 40 projects by 2030, Rystad says

Major oil and gas companies plan 43 biofuel projects by 2030, boosting SAF production to cut emissions.

The presence of oil, gas and coal interests at the climate talks has long been a source of controversy (AFP)
News

Oil execs work COP29 as NGOs slam lobbyist presence

Oil executives descended on the COP29 talks in Baku for "energy day" on Friday.

FILE PHOTO: The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy, September 26, 2019.  REUTERS/Flavio Lo Scalzo/File Photo
News

Italy’s Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says

Eni and BP will resume drilling and exploration in Libya, 10 years after conflict in the country stopped their activities in the North...

FILE PHOTO: The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy, September 26, 2019.  REUTERS/Flavio Lo Scalzo/File Photo
BiofuelsBusinessNews

Italy’s Eni sees 2.5-billion-euro net proceeds from disposals in 2025

Eni expects 2.5 billion euros in proceeds from disposals next year, following KKR's 2.9 billion euro biofuel stake purchase.

The logo of Italian energy company Eni is seen at a gas station in Rome, Italy August 16, 2018.  REUTERS/Max Rossi/ File Photo
BusinessFinanceFuelNatural GasNewsOil

Italy’s Eni to boost buyback after quarterly earnings beat expectations

Eni will increase its share buyback programme to 2 billion euros, it said on Friday, after beating third-quarter profit expectations.

The logo of Italian energy company Eni is seen at a gas station in Rome, Italy August 16, 2018.  REUTERS/Max Rossi/ File Photo
BiofuelsBusinessNewsRegulations

KKR to take 25% stake in Eni’s biofuel unit for 2.9 billion euros

KKR is acquiring a 25 per cent stake in Eni’s biofuel unit Enilive for 2.94 billion euros, valuing it at 11.75 billion euros.

FILE PHOTO: ENI CEO Claudio Descalzi speaks during Abu Dhabi International Progressive Energy Congress (ADIPEC), in Abu Dhabi, United Arab Emirates, October 2, 2023. REUTERS/Amr Alfiky/File Photo
BiofuelsBusinessCarbon ManagementFuelNews

Eni CEO says U.S. funds showing confidence in group’s strategy

U.S. investment funds back Eni's spin-off strategy as CEO Descalzi highlights success with low-carbon ventures and talks with KKR.

FILE PHOTO: The logo of Westinghouse Electric Corp. is pictured at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte near Paris, France, June 26, 2018. REUTERS/Benoit Tessier/File Photo
BusinessElectricityGreen SteelNewsNuclear FusionNuclear PowerRegulationsSmall Modular Reactors

Italy eyes Westinghouse, EDF as partners for nuclear-power firm: sources

Italy is considering Westinghouse or EDF as international partners for a state-backed company to build advanced nuclear reactors.

FILE PHOTO: Tanker trucks are seen among oil tankers docked at the port of Tuxpan, in Veracruz state, Mexico April 22, 2020. REUTERS/Oscar Martinez/File Photo
AnalysisBusinessFinanceFuelIn-DepthOil

Global refiners face profit slump as new plants come online

Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, following big returns post-pandemic

News Release

Mantel Secures $30 Million to Bring Low Cost, Energy Efficient Carbon Capture to the Heavy Industrial Sector

With backing from leaders in the energy industry, the company is scaling its molten borate carbon capture technology, which could cut costs by...

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