In Italy, the European Investment Bank (EIB) and Eni have signed a €500 million 15-year finance contract to support the conversion of Eni’s Livorno refinery in Tuscany into a biorefinery. The agreement was signed at Eni’s headquarters in San Donato Milanese by EIB Vice-President Gelsomina Vigliotti and Eni CEO Claudio Descalzi. Eni’s project involves the […]
In Congo, Eni inaugurated in Loudima, in the central-southern part of the Republic of the Congo, the first vegetable oil extraction plant in the country. The production will be destined to Enilive’s biorefineries, where it will be transformed into biofuel to help decarbonize transport sectors, as part of Eni’s sustainable mobility strategy. With the launch […]
In Italy, Maire, Eni, and Iren have started the permitting process for a plant at Eni’s refinery in northern Italy that will convert 200,000 tons of non-recyclable waste per year into 110,000 tons of circular methanol and 1,500 tons of circular hydrogen using gasification technology from Maire’s technology arm, Nextchem, to produce low-carbon fuels for […]
In Italy, Eni and KKR have signed an agreement under which KKR will increase its stake in Enilive through an additional purchase of Enilive’s shares from Eni. The purchase will correspond to 5% of Enilive’s share capital and will be funded through an additional investment of €587.5 million. Overall, the investment will give KKR a 30% […]
In Italy, Eni CEO Claudio Descalzi and MSC Group President, Diego Aponte, signed a memorandum of understanding aimed at developing joint initiatives in the field of sustainability and energy transition. The agreement includes the potential use of LNG as well as lower-carbon energy carriers, such as HVO and bio-LNG biofuels, as well as lubricants from […]
In Italy, Eni and MSC signed a memorandum of understanding aimed at developing joint initiatives in the field of sustainability and energy transition. Eni and MSC 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. […]
In Italy, Eni and KKR have signed an agreement under which KKR will take a 25% stake in Enilive’s share capital, for a total agreed consideration of €2.938 billion. The transaction will be funded through: 1) the subscription of a capital increase in Enilive reserved to KKR amounting to €500 million; 2) the purchase of Enilive’s […]
In Italy, the Corriere della Serra newspaper reports Eni has commissioned the French investment bank Natixis to search for investors interested in acquiring a stake in Enibioch4in. Up for grabs is a large minority share that could reach up to 49 percent. Eni preferred not to comment on the rumors when contacted by the newspaper. […]
In Italy, Eni has received permission from the Italian Ministry of the Environment and Energy Security to begin construction of its planned biorefinery at Livorno. First announced in January, the site is to be ENI’s third biorefinery and have the capacity to produce 500,000 tons of HVO diesel, HVO naphtha, and bio-LPG using renewable raw […]
In Italy, Eni reported that Poste Italiane’s ground and air fleet will run on biofuels supplied by Enilive, Eni’s company dedicated to mobility services and products. This will accelerate Poste Italiane’s progress towards achieving its energy transition and carbon neutrality goals set for 2030, Eni said. The two companies signed a Letter of Intent to […]
