Category: Italy

Italy

Eni and Seri Industrial ink deal to develop stationary battery supply chain

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ROME, SAN POTITO SANNITICO (By Eni, 29.May.2026, words: 467) — Eni Industrial Evolution and FIB (Seri Industrial Group) reached an agreement for the joint development of an integrated industrial supply chain in the lithium iron phosphate battery sector. Following the agreements reached today, in execution of the framework agreement of 16 […]

OPINION: Rafael Ramirez comments Venezuela’s hydrocarbon law, pending fall in royalty income 

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EUROPE (By Rafael Ramirez, former Venezuelan oil minister and former PDVSA president, 2.Mar.2026, Words: 1,400) — The reform by Venezuela’s National Assembly “violates [Venezuela’s] sovereignty and contravenes Articles 12, 302, 303, and 151 of the still-current Constitution,” writes former energy minister Rafael Ramirez. RELATED: VENEZUELA AND 3 PILLARS TO ENERGY […]

Baker Hughes and Hydrostor ink collaboration for reliable, resilient and sustainable power systems

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FLORENCE, ITALY and DENVER, COLORADO (By Baker Hughes, 28.Jan.2026, Words: 234) — Baker Hughes announced a strategic technology solutions and equity agreement. Baker Hughes will deepen its relationship with Hydrostor, integrating Baker Hughes’ technology capabilities as part of Hydrostor’s core design offering for its advanced compressed air energy storage (A-CAES) solution. This includes up […]

Versalis and Veritas ink deal to promote advanced plastic recycling

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PORTO MARGHERA, VENICE (By Eni, 4.Sep.2025, Words: 370) — Versalis, Eni’s chemical company, and Veritas, one of Italy’s largest multi-utilities operating in the Metropolitan City of Venice and in parts of the Province of Treviso, signed an agreement to promote the circular economy, with a particular focus on developing joint […]

Subsea7 and Saipem ink merger agreement [pdf downloads]

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MILAN, LUXEMBOURG (By Saipem, 24.Jul.2025, Words: 75) — Saipem and Subsea7 announce that they have entered into a binding merger agreement, on terms and conditions in line with what was previously communicated at the time of the signing of the memorandum of understanding (MOU) on 23 Feb. 2025.  The merger […]

Eni and Sonatrach strengthen energy security cooperation

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ROME, ITALY (Eni, 23.Jul.2025, Words: 232) — Eni and Sonatrach signed a memorandum of understanding aimed at strengthening cooperation in the field of hydrocarbons, energy transition and renewable energies, with a focus on energy security and the economic development of the 2 countries. The signing took place during the Italy-Algeria […]

Plenitude and Nuova Simplast to develop a 758 kWp photovoltaic plant

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HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 10.Jul.2025, Words: 369) — Plenitude and Nuova Simplast started construction on an Energy Community in Montà d’Alba (Cuneo province). This initiative is part of Plenitude’s broader strategy, which identifies Energy Communities – specifically CER (Renewable Energy Communities), AUC (Collective Self-Consumption), and AID […]

Gastech 2025 in Milan: accelerating global energy security and innovation

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MILAN, ITALY (Gastech, 5.May.2025) — Gastech 2025, the world’s largest conference and exhibition for natural gas, LNG, hydrogen, climate technologies, and AI-powered solutions, will take place in Milan from 9-12 Sep. 2025. As the industry navigates an evolving geopolitical and economic landscape, this agenda-setting event will gather and empower over 50,000 energy […]

Versalis to Start up New Recycled Polymer Production Plant at Porto Marghera in Venice

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Mar.2025) — Versalis, Eni‘s chemical arm, opened a new plant in Porto Marghera for the production of plastics made wholly or partially from mechanically recycled raw materials.  The project marks a key milestone in the company’s commitment to promoting a more circular and environmentally sustainable economy through technological innovation and […]

NRGBriefs Feb. 2025: Pemex Deer Park, Oxy on CrownRock, Sunoco on Mexican drug cartels

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HOUSTON, TEXAS (Energy Analytics Institute, 28.Feb.2025) — Energy briefs as well as others related to finance and projects during Feb. 2025 including Petrobras on record gas discoveries in Colombia; Talos Energy‘s appointing Paul Goodfellow as president and CEO; Pemex looking to reach a production level of 285,000 b/d at Deer […]

Exxon Selects Baker Hughes for Chemicals Services for Uaru and Whiptail Developments

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Feb.2025) — Baker Hughes revealed a significant award from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana’s prolific Stabroek Block.  The multi-year contract includes all topsides, subsea, water injection and utility […]

Baker Hughes to Provide Solutions to Argent LNG’s 24 MTPA Port Fouchon Export Facility 

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Argent LNG LCC selected Baker Hughes as the liquefaction solution and related services provider for its proposed liquified natural gas (LNG) export facility in Port Fourchon, Louisiana.  Baker Hughes will supply cutting-edge liquefaction solutions, power generation equipment, and gas compression systems for the facility, […]

Baker Hughes to Develop Small-Size Ammonia Turbines with Hanwha

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Baker Hughes, Hanwha Power Systems and Hanwha Ocean announced a Joint Development and Collaboration Agreement (JDCA) for a new small-size turbine for ammonia applications which will leverage Baker Hughes’ small-size gas turbine technology and Hanwha’s ammonia combustion system.  The agreement was signed during the Baker […]

Baker Hughes Eyes 100 MTPA of FIDs in 2024-2026

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HOUSTON, TEXAS (Energy Analytics Institute, 30.Jan.2025) — Baker Hughes expects 100 million tonnes per annum (MTPA) of final investment decisions (FIDs) between 2024-2026, according to the company’s chairman and CEO Lorenzo Simonelli. This level of activity would increase global capacity and supports Baker Hughes’s long-standing forecast of 800 MTPA by […]

Enilive Begins SAF Production at Gela Plant in Sicily

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025) — Enilive announced commissioning of its first plant to produce sustainable aviation fuel (SAF) at the Gela biorefinery, in Sicily, Italy. Production has started at the plant, Eni said 22 Jan. 2025 in an official statement. The plant has a capacity of […]

Eni Launches New HPC6 Supercomputer

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(Eni, 19.Nov.2024) — Eni announces the completion and launch of a new supercomputing system (High Performance Computing – HPC) HPC6. HPC6 provides a significant increase in computational power to a peak of 606 PFlop/s, or over 600 quadrillion mathematical operations per second. The system has achieved a debut ranking of No.5. […]

SACE and Open-es to Boost Competitiveness of Italian Companies

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(Eni, 4.Nov.2024) — SACE and Eni announced a strategic partnership to promote synergies through the Open-es alliance. The aim of the agreement is to strengthen support for Italian companies, especially SMEs, in their growth journey by combining sustainability and competitiveness. This includes the integration of the Open-es and SACE ESG […]

Eni Reports 3Q:24 Financial Results (PDF Downloads)

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(Eni, 25.Oct.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the third quarter and nine months of 2024. Eni CEO Claudio Descalzi said: “In Q3, by delivering a performance ahead of expectations, we have again demonstrated the resilience of our business model […]

Eni Set Outs Decarbonization and Relaunch Plan for Versalis

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(Eni, 24.Oct.2024) — 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 €2bn of investment and aims to reduce emissions by approximately 1 million […]

Eni Inks Deal for KKR to Enter Enilive’s Share Capital

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(Eni, 24.Oct.2024) — 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 €2.938bn. The transaction will be funded through: 1) the subscription of a capital increase in Enilive reserved to KKR amounting to €500mn; 2) […]

Eni’s BODs on Distribution to Shareholders

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(Eni, 24.Oct.2024) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, resolved to distribute to shareholders the second of the four tranches of the provision in place of the 2024 dividend from Eni S.p.A. available reserves[1] of €0.25 (compared to a total annual provision, in place of the dividend, equal […]

Saipem Accelerates Research into Geothermal Energy

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(Saipem, 7.Oct.2024) — Saipem has signed a Memorandum of Understanding to explore innovative solutions for the development of geothermal energy with Geolog, a company in the evaluation of geological formation and drilling solutions, and Ignis H2 Energy, a company specialized in geothermal resource acquisition, exploration, and development. The agreement is […]

Saipem Presents Solution for Large-scale Green Hydrogen Production

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(Saipem, 2.Oct.2024) — Saipem and Nel ASA, during the 2024 World Hydrogen Week in Copenhagen, unveiled IVHY™ 100, a groundbreaking turn-key 100 MW electrolyser concept, which leverages Nel’s atmospheric alkaline electrolyser technology. The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular and to facilitate […]

Eni Inks MoU with SOCAR to Explore Cooperation in Energy Projects 

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(Eni, 30.Jul.2024) — Eni CEO Claudio Descalzi and SOCAR (State Oil Company of Azerbaijan Republic) CEO Rovshan Najaf signed a Memorandum of Undestanding (MoU) in Baku today, to evaluate potential cooperation opportunities in the areas of exploration and production of hydrocarbons, energy security & efficiency, GHG emissions reduction, gas transportation infrastructures […]

Itabus Travels with Enilive’s Biofuel, 100% Made from Renewable Raw Materials

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(Eni, 29.Jul.2024) — Itabus, an Italian transport company, is now using Enilive‘s HVOlution diesel biofuel to power its fleet of next-generation buses.   The new agreement strengthens the collaboration between Enilive, Eni’s company focused on mobility products and services, and Itabus, a long-distance coach transport company that has been part of the […]

Eni Reports 2Q:24. and 2H:24 Results

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(Eni SpA, 26.Jul.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the second quarter and first half 2024. Eni CEO Claudio Descalzi said: “In the second quarter 2024, we have delivered results ahead of expectations, demonstrating the significant progress Eni has made in […]

Plenitude Completes new 39 MW Wind Farm in Calabria

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(Eni, 25.Jul.2024) — Plenitude has completed the construction of a new onshore wind farm with a capacity of around 39 MW in Borgia (in the province of Catanzaro), Calabria, Italy. The plant, consisting of nine state-of-the-art wind turbines, will be operational from today and will produce 84 GWh of electricity per […]

Eni on Approval of First Tranche of 2024 dividend: € 0.25/Share

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(Eni, 25.Jul.2024) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, today resolved to distribute to Shareholders the first of the four tranches of the provision in place of the 2024 dividend from Eni S.p.A. available reserves[1] of € 0.25 (compared to a total annual provision, in place of the dividend, equal […]

Eni, Fincantieri and RINA Team up Against Maritime Transport Decarbonization

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(Eni, 25.Mar.2024) — Eni, 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 […]

Eni Reports 2023 Full Year Results [PDF Downloads]

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(Eni SpA, 16.Feb.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of 2023. Eni CEO Claudio Descalzi said: “2023 was another year of excellent results for Eni in the face of an uncertain and volatile […]

Eni Reports on Treasury Share Purchases

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(Eni, 13.Dec.2023) — During the period from 4-8 Dec. 2023, Eni acquired on the Euronext Milan no. 5,595,589 shares (equal to 0.17% of the share capital), at a weighted average price per share equal to 14.9630 euro, for a total consideration of 83,726,564.84 euro within the second tranche of the […]

Eni and Defense Strengthen Strategic Deal for Italy’s Security

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(Eni, 4.Dec.2023) — Minister of Defence, Guido Crosetto, and Eni CEO, Claudio Descalzi, signed a Memorandum of Understanding between the Ministry of Defence and Eni today in Rome. The agreement strengthens strategic collaboration on security and risk assessment thanks to the share of expertise and information that can complement the […]

Eni Inks Deal to Ensure Further LNG Volumes from Indonesia

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(Eni, 26.Oct.2023) — Eni signed a 0.8 billion cubic meters (bcm) LNG sales and purchase agreement with Merakes LNG Sellers, starting from January 2024 for 3 years, in addition to the contract with Jangkrik LNG Sellers for 1.4 billion cubic meters per year, in place since 2017. Thanks to these […]

Eni’s BODs on Distribution

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(Eni, 26.Oct.2023) — Eni’s Board of Directors, chaired by Giuseppe Zafarana, resolved to distribute to Shareholders the second of the four tranches of the provision in place of the 2023 dividend from Eni S.p.A. available reserves[1] of € 0.23 (compared to a total annual provision, in place of the dividend, equal […]