(IN BRIEF) Plenitude has signed a decade-long Power Purchase Agreement with Autostrade per l’Italia for the complete output of a 16 MW wind power plant located in Banzi, Basilicata. The plant is expected to generate approximately 390 GWh over the … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 10-year Power Purchase Agreement, 16 MW capacity, 390 GWh, Alessandro Della Zoppa, Autostrade per l'Italia, Banzi, Basilicata, corporate PPAs, decarbonization, electric vehicle charging points, energy transition, Eni, Guarantees of Origin, Head of Renewables, Italy, partnership, Plenitude, renewable capacity, sustainability, wind power plant
(IN BRIEF) Eni and Saipem have deepened their collaboration, expanding on their previous agreement to advance projects that focus on building new biorefineries and converting traditional refineries into more sustainable, biofuel-producing facilities. Eni’s aim to decarbonize its processes is supported … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy
Tagged biofuels, biorefineries, decarbonization, Ecofining™, Eni, Enilive, Honeywell UOP, HVO, hydrotreated vegetable oil, Industrial Transformation, Italian industry, Livorno refinery, Open-es system alliance, Porto Marghera, SAF, Saipem, sustainable aviation fuel, Venice
(IN BRIEF) KKR has increased its stake in Enilive by purchasing an additional 5% of the company’s share capital, with a €587.5 million investment. This move aligns with KKR’s previously announced commitment and underscores the market’s confidence in Enilive’s business … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged capital markets, decarbonization, energy transition, Eni, Enilive, equity investment, Francesco Gattei, investment, KKR, KKR investment, net zero, partnership, pension funds, regulatory approval, sustainability, sustainable business, sustainable mobility
(IN BRIEF) In a major move for energy cooperation, TotalEnergies and ENI have signed a Host Government Agreement (HGA) with Egypt and Cyprus, paving the way for the development of the Cronos gas field in Cyprus offshore Block 6. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Abdel Fattah El-Sisi, Cronos Development and Production Plan, Cronos gas field, Cyprus, Cyprus offshore Block 6, Damietta LNG plant, EGYPT, Egypt Energy Show, energy cooperation, energy security, Eni, Europe, exploration and production, gas processing, George Papanastasiou, Host Government Agreement, Julien Pouget, Karim Badawi, LNG capacity, LNG exports, Níkos Christodoulídis, partnership, sustainability, TotalEnergies, Zohr facilities
(IN BRIEF) Plenitude has significantly expanded its renewable energy capacity in Spain, surpassing 950 MW, more than double its 2023 total. Key projects include the 150 MW Caparacena project in Granada and nearly 250 MW in solar plants in Extremadura … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged 400 kV substation, Andalusia, Caparacena project, electric vehicle charging points, energy solutions, Eni, Extremadura, Global Expansion, Global Renewable Capacity, Granada, Guillena, long-term strategy, Mariangiola Mollicone, photovoltaic plants, Plenitude, renewable energy, Renopool, Spain, Western Europe Renewables
(IN BRIEF) Eni has launched HPC6, a cutting-edge supercomputer with a peak performance of 606 PFlop/s, ranking fifth globally and first in Europe for industrial use. HPC6 supports Eni’s decarbonization and energy transition efforts by enhancing CO2 storage research, biofuel … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged Claudio Descalzi, energy transition, Eni, HPC6, partnership, supercomputing, sustainability
(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release
(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Italy, Management, News, Small Business
Tagged Antonio Frezza, Costantino Chessa, Eni, ESG Transformation, Italy, Open-es, partnership, SACE, SMEs, sustainability
(IN BRIEF) Plenitude has commenced construction on a 220 MW solar power plant in Villarino de los Aires, Salamanca, which will be one of the largest in the Castilla y León region. The project, expected to produce over 400 GWh … Read the full press release
(IN BRIEF) Eni held its 2024 Eni Award ceremony at the Quirinal Palace in Rome, recognizing outstanding achievements in energy and environmental research. The awards highlighted innovations in carbon capture, renewable energy, and sustainable technologies. Key winners included Marc Fontecave … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged 2024 Awards Ceremony, Awards, Elvira Spatolisano, ENERGY, Eni, Holger Braunschweig, innovations, leadership, Marc Fontecave, Nam-Gyu Park, Sergio Mattarella, Stefano Toso, sustainability
(IN BRIEF) Plenitude has officially launched the Numancia wind plant in Soria, Spain, consisting of two adjacent wind farms that will generate approximately 31 GWh of electricity annually, sufficient to power over 9,500 households. With this project, Plenitude’s total installed … Read the full press release
(IN BRIEF) Eni has signed a Memorandum of Cooperation with Japan’s JOGMEC to collaborate on gas and LNG projects, aiming to diversify energy supply sources and support the energy transition. The agreement emphasizes the role of LNG in achieving carbon … Read the full press release
(IN BRIEF) Eni has secured UK Government funding for its Liverpool Bay CO₂ transport and storage project, marking a significant advancement in the HyNet carbon capture and storage (CCS) initiative. The funding will support the establishment of the UK’s CCS … Read the full press release
(IN BRIEF) Eni S.p.A. has announced the successful completion of its combination with Ithaca Energy plc, consolidating nearly all of Eni’s upstream assets in the UK, excluding those in the East Irish Sea and CCUS activities. This strategic move involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged Eni, Ithaca Energy, partnership, sustainability, UK
(IN BRIEF) Eni has received approval from Indonesian authorities for the development of the Geng North, Gehem, and Gendalo&Gandang gas fields, which will lead to the creation of a new production hub, the Northern Hub, in the Kutei Basin, East … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Claudio Descalzi, Eni, Gas Projects, Indonesia, Kutei Basin, partnership, sustainability
(IN BRIEF) Plenitude, a subsidiary of Eni, will sponsor La Vuelta 24 for the third year, providing energy for the race’s electric vehicles and sponsoring the “Maillot Blanco” for the best young cyclist. They will also launch a community-focused initiative, … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Spain
Tagged electric vehicles, Eni, La Vuelta 24, partnership, Plenitude, Youth cyclists
(IN BRIEF) Plenitude has signed a 10-year Corporate Power Purchase Agreement (PPA) with Ferriera Valsabbia to supply energy from a 15MW wind farm in Sannicandro di Bari, Italy. Starting in September 2024, the wind farm will generate over 350 GWh … Read the full press release
Posted in Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Metals and Minerals, News
Tagged Alessandro Della Zoppa, Eni, Ferriera Valsabbia, partnership, Plenitude, Renewable Wind Energy, Ruggero Brunori, sustainability
(IN BRIEF) Eni reported strong growth and strategic progress in Q2 2024, achieving an adjusted net profit of €1.5 billion. Key achievements include a 6% year-on-year increase in oil and gas production, significant portfolio upgrades, and advancements in transition businesses … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged Claudio Descalzi, Eni, Financial, Giuseppe Zafarana, investment
(IN BRIEF) PETRONAS, Enilive, and Euglena have made a final investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex in Johor, Malaysia. Set to be operational by the second half of 2028, the biorefinery will produce Sustainable Aviation … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Ahmad Adly Alias, biofuel production, biorefinery, Eni, Enilive, Euglena, investment, Japan, Malaysia, Mitsuru Izumo, partnership, PETRONAS, Renewable Diesel/Hydrogenated Vegetable Oil (HVO), Stefano Ballista, sustainability, sustainable aviation fuel (SAF)
(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News
Tagged biofuel, Claudio Descalzi, Eni, expansion, Gilberto Pichetto, International Finance Corporation (IFC), Italian Climate Fund, Kenya, Makhtar Diop, partnership, sustainability
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