In Italy, Edison has signed a long-term contract (BPA, biomethane purchase agreement), for the offtaking of biomethane produced from agricultural biomasses with Kanadevia Inova. Under the agreement, which has a term of 15 years, Kanadevia Inova will complete by the first half of 2025 the construction of a biomethane plant fuelled by agricultural by-products in […]
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, NEXTCHEM and KazMunayGas-Aero (KMG AERO) have signed an agreement to collaborate on advancing energy transition initiatives, leveraging on NEXTCHEM’s proprietary technology portfolio and process engineering capabilities. These initiatives aim at contributing to the decarbonization and upgrade of KAZAKHSTAN’s industry and assets, in particular for the production of sustainable aviation fuel and low-carbon hydrogen through CO2 capture, as well […]
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, Snam announced its 2050 Net Zero transition plan to decarbonize the energy system, leveraging its key role in the development of transition activities: biomethane, hydrogen, carbon capture and storage and energy efficiency. These efforts are supported by a solid investment program of 26 billion euros for the period 2023-2032. The first part from […]
In Italy, a project to convert brewers’ waste into high-value bioplastics has begun its work. Funded by the Circular Bio-Based Europe Joint Undertaking HORIZON program, the POLYMEER initiative aims to valorize brewers’ spent grain, a brewery waste rich in fiber and protein, into new biobased polymers, copolymers and polymer blends for agriculture films, automotive industry […]
In Italy, Reuters reports that following a first deal to sell up to a quarter of its EniLive biofuels business to KKR, inquiries have been made by another potential suitor about buying up another piece of the company, which observers say is an indication of the market’s faith in Eni’s strategy to spin out its […]
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, MAIRE announced that its subsidiary NEXTCHEM has been awarded a feasibility study to optimize and enhance the efficiency of an existing maleic anhydride facility in North America. The study, to be conducted by NEXTCHEM’s subsidiary CONSER, will leverage proprietary technology to revamp the facility and potentially increase its capacity. Maleic anhydride is crucial […]
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 […]
