Eni

Multinational oil and gas company based in Italy

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01.07.2024Labour Party wins the general election

01.07.2024Labour Party wins the general election

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Italy’s Mattei Plan aims to reshape geopolitical ties with Libya
business 2025-04-25 16:06
Italy’s Mattei Plan aims to reshape geopolitical ties with Libya
  • Enrico Mattei is known for establishing Italy's ENI in 1953, aiming to enhance Italy's energy ties with Libya.
  • Italy's Mattei Plan allocates €5.5 billion for development initiatives, targeting multiple North African countries.
  • The overall strategy highlights Italy's aspiration to regain influence in the Mediterranean and tackle migration issues.
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Eni explores stake sale in Plenitude for energy transition boost
category, sub-category 2024-09-16 11:39
Eni explores stake sale in Plenitude for energy transition boost
  • Eni SpA is in talks with investment funds to sell a minority stake in its renewable and retail business, Plenitude.
  • Earlier in March 2024, Eni sold a 7.6% stake in Plenitude to Energy Infrastructure Partners for approximately €10 billion.
  • This strategic move aims to attract specialized investors and support Eni's energy transition efforts.
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Ithaca profits hit by fall in gas prices and production
business 2024-08-22 16:00
Ithaca profits hit by fall in gas prices and production
  • Ithaca's profits impacted by a decline in gas prices and production.
  • The company looks forward to incorporating Eni's UK assets to become the largest producer in the North Sea by 2030.
  • Strategic acquisition aims for future growth and market dominance.
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