Italy’s Eni on Friday became the latest energy group to increase its climate ambition with a promise to be carbon neutral by 2050, as it seeks to keep pace in an industry under mounting investor pressure to curb emissions. Eni shares, which rose more than 3% after the plan, were up 1.2% by 1615 GMT… Read More Italian energy company Eni vows to be carbon neutral by 2050
Oil giants Eni and Shell are to stand trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni and Shell are among those facing the judge. Former Nigerian oil minister Dan Etete is… Read More Oil companies Eni and Shell to stand trial over purchase of Nigerian offshore oil block
Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world’s most powerful industrial computer. The new capacity quadruples the group’s computing power, allowing it to process up to 22.4 quadrillion operations per second, the company said. “In our industry it is… Read More Eni launches world’s largest industrial supercomputer
