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 […]
In Italy, Eni said it has signed a temporary exclusivity agreement with KKR, a global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in its biofuels unit Enilive, based on a valuation of the company between $12.5 […]
In Italy, Eni has signed a temporary exclusivity agreement with KKR, a leading global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in Enilive, based on a valuation of the company between 11.5 billion and 12.5 billion […]
In Italy, Reuters reports Eni plans to offload its majority investments in biofuels and bioplastics by year’s end that could bring in up to €1.3 billion. Funds are in discussion with the company to buy 10% of its Enilive venture and up to 30% of its Novamont venture that would provide liquidity for the company […]
In Belgium, Italian oil giant Eni is failing to deliver on its promise to produce thousands of tonnes of biofuel crops, a new investigation by Transport & Environment (T&E), in collaboration with The Continent, shows. The study raises questions over the credibility of the company’s plan – which is backed by Italian prime minister Giorgia […]
In Indonesia, last week the Ministry of Energy and Mineral Resources of the Republic of Indonesia and Eni signed a Memorandum of Understanding to cooperate in the fields of energy transition and decarbonization. The MoU will allow Eni to assess the potential production of agri-feedstock for Enilive biorefineries, mainly from agro-industrial and forestry residues. Eni […]
In Mozambique, Eni Rovuma Basin (ERB) began production of vegetable oil late last year which will be used as feedstock in Eni’s biorefineries. This initiative is part of Eni’s strategy to contribute to the decarbonization of transportation, and it will include Mozambique in the value chain of sustainable mobility. The vegetable oil has been extracted from […]
In Italy, Eni confirms its decision to build Italy’s third bio-refinery in Livorno. The project, first announced in October 2022 and followed by an application for Environmental Impact Assessment (EIA) in November 2022, is awaiting official authorisations and includes the construction of three new facilities for the production of hydrogenated biofuels: a biogenic feedstock pre-treatment […]
In Italy, multinational Eni is in talks to sell a minority stake in its Novamont bioplastics subsidiary, according to a Reuters report. A source with knowledge of the discussions believes the deal could garner $1.1 billion. Eni bought out the 64% of Novamont it did not already own from Investitori Associati II and NB Renaissance […]
