Italy's government is selling a 2.8% stake in the national oil and gas producer Eni, valued at about €1.4 billion, to reduce its significant debt. Eni has successfully cut its net scope 1 and 2 emissions by 40% in the upstream sector compared to 2018. The Italian government previously controlled a 4.8% stake in Eni, with an additional 28.5% stake held by an Italian state-owned bank. Eni completed Congo's ENI LNG project in 13 months, with the hydrocarbons minister stating that Eni had the necessary resources and technology to deliver the project.
Italy sells an oil company Eni stake to reduce debt https://t.co/IMg4dUHddl https://t.co/Uu7wKklLoE
Italy government sells $1.49 billion stake in Eni https://t.co/LNd6i5l2ZJ
Italy cuts Eni stake, raises 1.4 bln euros https://t.co/sTu9uSjfOG https://t.co/51iwAie3bQ
Italy sells €1.4 billion Eni stake in a bid to cut debt https://t.co/NcW7alocfD via @Al_Brambilla @ssirletti @Alemrome https://t.co/wsbGqQvASu
#Italy starts market placement of 2.8% stake in Eni #oott https://t.co/PwOoAmCVwo
Italy is selling 2.8% of oil giant Eni in a bid to reduce its mammoth debt as part of a privatization plan https://t.co/yWIn67qFPS
BREAKING: Italian government is selling a 2.8% stake in national oil and gas producer @eni (worth about €1.4 billion). Pre-transaction, the Italian gov controlled a 4.8% stake in ENI (in addition, an Italian state-owned bank controls another 28.5% stake) | #OOTT $ENI
#Italy's Eni said today that it has cut its net scope 1 and 2 emissions in the upstream sector by 40pc in 2023, compared with a 2018 baseline. #oott https://t.co/K362HNrom3
Talking about Congo’s ENI LNG project… Congo’s hydrocarbons minister said ENI came to them and said “we need gas, Europe needs gas and you have it… we have the capital, people and technology and will be able to deliver this project”. The project was completed in 13 months.… https://t.co/Z1CtuRPFJS
⚠️ ENI EYES NEW OIL AND GAS SPIN-OFFS IN ENERGY TRANSITION SATELLITE STRATEGY Full Story → https://t.co/OwzqtRRsqA Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development… https://t.co/zUhIaOgEYF