This is a 650 megawatt offshore plant that will be incentivized by the UK government's renewable energy development plan, which aims to reach 2030 gigawatts of wind energy by 50.
After the collapse of Wall Street and the fall of the Asian stock markets, the European stock markets can only open in decline, as suggested by the future of the EuroStoxx 50 index. Commerzbank, Eni, Snam and Saipem to monitor
The project, the result of a special joint venture created by the two groups, is the first in the world on an industrial scale with high capture efficiency. The CO2 is injected into a depleted gas field, where it is stored at about 3000 meters…
In the first half of 2024 the profit of the Eni subsidiary rose to 200 million from 120 in the same period of 2023. Pro forma EBTIDA to 1 billion by the end of the year
While waiting for the US data on PCE inflation, European stock markets are attempting a mini rebound. Paris the best. In Milan purchases on Eni and luxury, STM and Stellantis still down
Strong production growth and improved E&P portfolio. Eni revises its guidance on some targets upwards and announces an acceleration of the buyback. Dividend +6%
The quarterly season is in full swing. While LVMH, Tesla and Alphabet are expected, SAP, Thales and Porsche are shaking the markets. Price lists rising. In Milan, eyes on Eni after exclusive agreement with KKR
Eni and KKR have signed a temporary exclusivity agreement to negotiate Enilive's minority stake. Company valuation between 11,5 and 12,5 billion. Eni: "Possible sale of a further 10%"
CEO Descalzi met with Albanian Prime Minister Edi Rama in Tirana to discuss Eni's activities in Albania and energy transition projects, including the valorization of degraded land
The discovery was made in the medium-deep waters of the Sureste Basin in Block 9 which adds to the discoveries of Block 7 and 10. Eni has been present in Mexico since 2006
The Lega Serie A and Enilive, in conjunction with the presentation of the football match calendar for next season, have unveiled the new logo of the competition, now called "Serie A Enilive"
The sanction was imposed for promotional calls without consent or to numbers in the Objections Register, and for lack of checks on contracts through illicit contacts. The company replies: “Correct action”
The collaboration between the two industrial groups plans to identify new opportunities in the fields of transport, energy and materials through feasibility studies, analyzes and experiments with innovative technological solutions
The index, managed by ET.Group, evaluates the integration of ESG principles into Italian corporate strategies. Hera leads the ranking, followed by Eni (first in 2023) and Poste Italiane
Open-es is the alliance that promotes the competitiveness and sustainability of businesses through an open and free digital platform, launched by Eni at the beginning of 2021. With Cdp, the number of large Italian promoters rises to 26
Among the best-known symbols in the world, the exhibition dedicated to the six-legged dog remains open until July. In the Italy of the economic boom, that logo wanted to represent the fuel for the future
The Saipem shares being sold by Eni are not affected by the agreement with Cdp, which maintains equal control. While retaining over 21% of the shares, Eni will not sell further Saipem shares for 180 days…
The Eni company explains the usefulness of biofuels to consumer associations. The details of a communication strategy
In a spontaneous publication, Eni illustrates the company's sustainability objectives and the goals achieved in 2023. It is entitled "Eni for 2023 – A Just Transition" and is accompanied by a summary of Eni's general approach on the matter and by in-depth…
Piazza Affari is the only one moving positively at mid-session, thanks to the good performance of Bper Banca, MPS and Snam. The BTP/Bund spread falls below 130 basis points with Istat reporting slowing inflation in April
This sale is part of a plan to reorganize the Treasury's public holdings, which aims to generate 20 billion euros by 2026
Eni Assembly approves 2023 financial statements with net profit of 3,272 billion. Dividend of 1 euro per share and approval of a buyback plan of up to 3,5 billion. Green light for free shares for employees
Eni returns to the bond market with two new fixed rate issues in dollars with maturities of 10 and 30 years intended for institutional investors for a total value of 2,25 billion
The Council of State canceled the AGCM sanction against Eni regarding its Diesel+ fuel, confirming the absence of unfair commercial practices. Eni claimed that Diesel+ was less polluting thanks to the presence of HVO and the ruling confirmed…
The EBIT stopped at 4,1 billion euros (-30%), the net result also fell to 1,6 billion (-46%). On the other hand, the margins of Enilive and Plenitude are growing. The business aggregation agreement in the UK with Ithaca Energy has a value…
The Saipem shareholders' meeting called for May 14th is called to renew the board of directors
The divestment of satellite companies is one of the pillars of Eni's strategy which will thus be able to better finance greener activities without taking resources away from oil and gas activities
An experiential journey at the Brera Botanical Gardens dedicated to skills and well-being and based on the happiness of new discoveries and the unusual, reusing an element of tradition in a completely new and unexpected way
The persistent uncertainties about rates penalize America more than Europe, where only London shines
Like Plenitude, Enilive will also strengthen abroad. The approval for the biorefinery in Korea is awaited. The production of sustainable fuel for aircraft is central
The announcement of the buyback plan and the trend in oil prices support Eni shares on the stock market (+1,21%). Shareholders' meeting on May 15th for the purchase of treasury shares. Plan for widespread ownership and yes to the fourth tranche of the dividend...
Eni advances in CO2 capture in the United Kingdom. Is the frontier of emissions reduction approaching?
European stock markets above parity in central bank week. In Milan, MFE securities are flying, spreads decreasing
Enhanced dividends and buybacks: 1 euro per share in 2024, growing by over 6%. Savings of 1,8 billion, cffo before capital at 62 billion in 2027
Eni closed the 2,2 billion euro buyback program early. The board of directors also approved the 2023 budget with the definitive data which confirmed the preliminary balance sheet from February. Capital Market Day later today…
An agreement between Eni Plenitude and the large park in Lombardy launches a project for children and families on environmental sustainability
The new park will provide energy to 3 thousand families and integrates Eni's projects for the industrial area of Ravenna. It can be an example of territorial energy integration
Maire acquired control of Hydep and Dragoni Group and obtained a contract from Eni for the Livorno refinery
China's generous discount on mortgages but the market is not convinced that it is enough to overcome the crisis of confidence in real estate. Btp-Bund spread at two-year low. Oil rises, gas is flat
Every day is good for the new record of the Japanese Nikkei which has stood since 1989. Eurostoxx at its highest since XNUMX
The decline in oil and gas prices impacts the 2023 accounts of the group led by Claudio Descalzi which however remains in excellent health
A collection of expressions of interest for the transport and storage of CO2 for Ravenna is also underway with Eni. On 7 February webinar dedicated to the presentation of the two initiatives
The Livorno plant is renewed with bio fuels suitable for airplanes and more. 400 million euros of investments with the same employment levels.
There is a lot of talk about Enrico Mattei and a hypothetical Mattei Plan but to understand what the founder of Eni really thought you need to read "The company, the soul and the forms: writings about Eni and for Eni by Giulio Sapelli , published by Mulino
CEO Goberti: "We strengthen our offshore wind portfolio and our commitment to the renewables sector in Spain"
The government is preparing to put 4% of Eni on the market but not before spring. A collection of 2 billion euros is expected as part of the privatization program which aims to raise 20 billion euros in…
According to the new environmental plan, the operators did not pass the mapping exam, trespassing into areas closed to drilling. Meanwhile in Italy production in cubic meters is behind 2022
The drop in oil prices also penalizes stocks on the stock exchange - boom issue of ten-year fixed rate bonds for Eni - Amplifon performs well on the Piazza Affari - The Nasdaq regains share
The bond will be placed based on market conditions and subsequently listed on the Luxembourg Stock Exchange – But the security is affected by the drop in oil prices
After almost a year of negotiations, Eni has reached an agreement to sell a minority stake in its subsidiary in the renewable energy sector to the Swiss group. Crucial step towards the 2024 IPO
A new five-year Sustainability-Linked agreement has been stipulated. The interest rate of the new credit line is linked to the achievement of the UN Scope 1 and 2 sustainability objectives
Eni redesigns the institutional website as part of the diversification of sources. A global challenge that must be communicated effectively
The agreement, lasting almost a year, means that if gas flows from Germany were to cease, those from Northern Europe through Switzerland would be guaranteed
Falling energy prices and high interest rates are reducing the balance sheets of the big Italian energy companies. Enel confirms itself in first place in terms of turnover. The report of the CoMar Study Center
Autumn coupons are coming. Advance payments, second tranches, single coupons: here are all the dividends that will be paid on Monday 20 November. 8 giants of the Ftse Mib on the field
The six energy companies are accused of aggressive practices and of forcing consumers to accept worsening contract changes, with price increases on their bills. The heaviest fine for Enel: 10 million. Eni: we are in order, we will appeal
In the study on the main Italian companies carried out by the Mediobanca Research Area, Generali stands out among the insurance companies. Intesa Sanpaolo stands out in the banking sector
The value of the extraordinary corporate welfare plan announced by Eni and intended for its 20 thousand employees is 85 million. Here's everything you need to know
Eni highlighted a decline in revenues and profitability in the first nine months of 2023 due to the decline in energy prices. However, the headline figures were better than expected. The stock rises on Piazza Affari. Green light…
Mattei, who founded Eni, died in a plane crash in Bascapè in the Pavia area at just 56 years old but the real causes of the tragedy are still shrouded in fog. From the challenge to the "Seven Sisters" of oil to a mafia attack, here...
The main Mediterranean energy event returns to Ravenna, bringing together operators in the energy sector, stakeholders and Italian and international institutions, also involving the younger generations in the dialogue on transition and innovation
Eni has been awarded a 27-year contract with QatarEnergy Lng Nfe for the supply of liquefied natural gas. It will arrive from the Piombino terminal
The awards ceremony of the fifteenth edition of the Eni Awards took place at the Quirinale: international recognition for research and technological innovation in the world of energy
For the manager, who privatized Eni thirty years ago, it is useless now to think about the spin-off of RFI. The state must remain with a significant minority share to provide stability. Entrust internal and expert managers with the task of reorganizing the…
Eni's CEO, Claudio Descalzi, takes stock of the event celebrating the Group's 70th anniversary by reflecting on the effects of the new war on gas: "It is essential to complete the replacement of Russian gas, with war a more complex path"
Fossil sources are still essential to produce electricity. Oil and gas prices rise, but the goal remains diversification
Eni has discovered a new gas well. The well has a gas reserve of approximately 140 billion cubic meters of gas in Kalimantan, Indonesia
The repeated declines in the European stock markets and in particular in Milan suggest that the correction has begun and may last into October - Decoupling between Europe and the USA - Among the blue chips on Piazza Affari stand out…
The group led by Descalzi has obtained a second license in the United Kingdom for the storage of carbon dioxide in the Hewett field. The site is perfect for the permanent storage of Co2 from industries in the South East of England
The placement concluded successfully and with requests of 2,8 billion. The bonds are linked to the achievement of sustainability targets relating to net greenhouse gas emissions and installed capacity from renewable sources
Eni sold the Nigerian Agip Oil Company (acronym NAOC), a company active in the exploration and production of onshore hydrocarbons and in the generation of electricity, to Oando, the main Nigerian energy company.
Eni changes pace on sustainable mobility and presents the new brand that takes the place of Eni Sustainable Mobility
The strategic study, the first of its kind in Europe, analyzes the contribution of Carbon Capture & Storage (CCS) to achieving decarbonisation objectives, safeguarding economic competitiveness and avoiding the risks of relocation of the so-called "Hard to…" industrial sectors.
Coupon season didn't end with D-Day on May 22nd. By the end of the year, bigwigs from the Ftse Mib and beyond will pay their dividends. Here's everything you need to know
The Baleine field represents the first zero-emission production project in Africa. It will reach 150.000 barrels of oil per day
The Prize, awarded every year to researchers from all over the world, has an ideal continuity with Enrico Mattei, founder of the oil giant.
With the "Acea e-mobility" and "Be Charge" apps, it will be possible to access the top-up services offered by the network of both companies throughout the country
The industrial sites of the former Enimont will be definitively reclaimed The agreement aims at their environmental rehabilitation, marking a starting point after the end of the industrial dream of the 80s.
The goal is to develop two plants by 2030 with an installed capacity of up to 900 MW each
Piazza Affari slows down the race while remaining above 29.500 points - Eni sales ahead of Exxon's numbers - Asset management in evidence in Milan, good Understanding
In the second quarter Eni was affected by the worsening of the scenario but the numbers were higher than expected. Descalzi: "Excellent results in a less favorable context". Guidance for the year confirmed. CEO Gittai: "Advanced stage of negotiation for a Plenitude stake"
With this acquisition, Eni reaffirms the strategic role of gas as a crucial bridge for the global energy transition. On July 28, the accounts for the second quarter
Bad news for Italians who will have to deal with a new increase in fuel prices for the summer holidays. Gasoline in served mode is close to €2 per litre, the average price of diesel also rises, reaching…
Eni and the shipowners' associations presented a document with analyzes and proposals to decarbonise maritime transport. Biofuels are the most immediate solution but the ships of the future will also have other fuels: HVO, LNG, methanol, hydrogen and ammonia
The joint venture between Plenitude and Cdp Equity continues to consolidate itself on the market through the implementation of new plants with a total capacity of up to 200 MW. The new parks will be built in Puglia, Sicily and Lazio with agri-voltaic technology
Eni's CEO wants ideal conditions for the "strategic" listing of his subsidiary. According to Descalzi, the price of oil will remain around 80 dollars a barrel
In tandem with Vår Energi, Eni announces a maxi operation that will allow it to acquire fields in the North Sea, Algeria and Indonesia. Expected synergies of 500 million and growing profits. Descalzi: "High-quality, low-cost portfolio…
Plenitude will carry out energy efficiency measures at all Red Bull offices and logistics centers in Italy. Furthermore, it will study solutions to reduce the energy and environmental impact of the main events organized by the Austrian company
All eyes on the Fed Chairman's speech, which will reveal whether and how American monetary policy is changing - The spotlights of Piazza Affari on Brembo, Eni, Unicredit but also Tim and Pirelli
Eni Sustainable Mobility has introduced the first 100 new Xev Yoyo city cars in the capital. Another 100 units are on the way in the coming months. Electric fleets also in Milan, Turin, Bologna and Florence
The President of the Republic of Angola, João Lourenço, during his visit to Italy, was a guest of the company led by CEO Descalzi at "Eni 2050 lab", a technological hub located within the architectural complex of the Gazometro in Rome Ostiense
Requests for 9,4 billion euros for the bonds of the leading Italian bank and the oil group - The tug-of-war on the US debt ceiling continues - ECB rate cuts only in 2024 - Rolex buys back a…
The new fixed-rate bonds will have 4- and 10-year terms and are part of the company's Euro Medium Term Note programme. The First Tranche of the buyback will start in the next few days
Published the voluntary report with the main results and objectives of the six-legged dog in the energy transition process
In addition to the renewal of the board of directors, the shareholders also gave the green light to the buyback program up to 3 billion and the dividend of 0,94 euros. The former general commander of the GdF, Giuseppe Zafarana, is in the presidency
The contracts with Gazprom remain in force but arbitration is underway for the reductions in gas delivery. The stock exchange listing of Plenitude remains in stand-by. pending favorable market conditions. Target 30% by 2030…
The funds will be used to build over 2 high-power charging points in Italy, Spain, France, Austria, Germany, Portugal, Slovenia and Greece
Eni, through Versalis, completed the acquisition of the remaining 64% of Novamont. The operation started a year ago
Eni closes the quarter with an adjusted net profit of 2,9 billion and 4,6 billion of adjusted operating profit. Descalzi: "Excellent results". 2023 guidance confirmed, dividend growth and buyback of 2,2 billion
The company inaugurated the Congo's first natural gas liquefaction project on April 25. Descalzi: "It will contribute to energy security and Italian and European industrial competitiveness"
