Eni and Q8 Italy partner for a major strategic investment in the ongoing project for the construction of a new biorefinery in Priolo, Sicily. The transformation plan for the Versalis site in Priolo received formal approval from Eni and Kuwait Petroleum Corporation Board of Directors, which follows the official binding offer submitted by Q8.
Eni and the Bioenergy Association for Sustainable Development, affiliated with the Ministry of Environment of the Arab Republic of Egypt, signed in Cairo a cooperation agreement to prepare a comprehensive feasibility study for establishing biogas production units based on the treatment of animal and agricultural waste. The signing ceremony took place in the presence of Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, and Dr. Manal Awad, Minister of Local Development and Acting Minister of Environment.
Eni and BMW Italia signed a Letter of Intent (LOI) to develop joint initiatives aimed at supporting the energy transition of the road transport sector. In particular, this agreement seeks to integrate biofuels with an increasingly broad offering of electric mobility services. HVO (Hydrotreated Vegetable Oil), the diesel biofuel produced by Enilive from 100% renewable raw materials (In accordance with the EU Renewable Energy Directive), represents a solution already available that contribute to transport decarbonization. Pure HVO can currently be used by validated engines and is distributed through existing infrastructure.
Eni, through its subsidiary Eni Natural Energies (ENE), and the Ministry of Agriculture, Rural Development, and Food Production of the Republic of Côte d’Ivoire signed a Memorandum of Understanding (MoU) to explore new opportunities for collaboration in the agricultural and agro-industrial sectors for the production of vegetable oil for bio-refining use.
Eni and KKR have closed the transaction contemplated by the investment agreement, announced last February, for the increase of KKR’s stake in Enilive through the purchase of Enilive’s shares from Eni representing 5% of the share capital, for a consideration of approximately 601 million euros.
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Eni and MSC Group President signed a memorandum of understanding aimed at developing joint initiatives in the field of sustainability and energy transition. The two Italian companies – the first is an integrated energy company committed to the energy transition towards carbon neutrality by 2050, the second is a world leader in transport and cruise services – intend to extend the scope of their already fruitful business relationship to a broader geographic context and, in particular, to areas relating to sustainability and decarbonization of their operations.
As first announced at the presentation of its 2024-2027 Strategic Plan, Eni has finalized its transformation and relaunch plan for its chemicals business, also as part of its decarbonization path. The transformation plan involves about 2 billion euros of investment and aims to reduce emissions by approximately 1 million tonnes of CO2, currently about 40% of Versalis’ emissions in Italy.
As first announced at the presentation of its 2024-2027 Strategic Plan, Italian multinational company Eni has finalized its transformation and relaunch plan for its chemicals business, also as part of its decarbonization path. The transformation plan involves about 2 billion euros of investment and aims to reduce emissions by approximately 1 million tonnes of CO2, currently about 40% of Versalis’ emissions in Italy.
FS Italiane Group and Eni have signed a Letter of Intent with the objective of developing joint initiatives aimed at accelerating the energy transition towards new energy sources. The collaboration between the two industrial groups will involve identifying new opportunities in the transport, energy and materials sectors through feasibility studies, analysis and experimentation with innovative technological solutions.
Eni, a global energy company, Fincantieri, one of the world’s largest shipbuilding groups, the only one active in all high-tech marine industry sectors, and RINA, a multinational inspection, certification, and engineering consultancy, have signed an agreement to develop joint initiatives for the energy transition. The partnership formalises the commitment to develop joint projects, in line with the partners’ strategies, to decarbonise the maritime sector in the medium to long term with the goal of Net Zero by 2050. Additionally, the establishment of a permanent global observatory regarding future technological, regulatory, and market developments will be evaluated.
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