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United Kingdom

Stephen Jewkes

Eni to speed up renewables drive with greenfield development, M&A

04 Dec 2020

MILAN Italy’s Eni will expand its renewable energy in Europe, the U.S. and the Pacific by developing its own projects and making small acquisitions, the group’s clean energy head said on Friday.

Italy's Eni joins North Sea wind power grab with Dogger deal

04 Dec 2020

OSLO/MILAN Italy's Eni is buying a 20% stake in the Dogger Bank Wind Farm project from Norway's Equinor and Britain's SSE as it seeks to gain expertise in the sector and cut its greenhouse gas emissions 80% by 2050.

Eni strikes deals to reopen Egypt's Damietta LNG plant

01 Dec 2020

MILAN Italian energy group Eni has struck deals with Spanish gas firm Naturgy and Egyptian partners to resolve disputes over a shuttered gas plant it part owns in northern Egypt.

RPT-EXCLUSIVE-Exxon and Total in talks over Mozambique LNG resource-sharing deal - sources

26 Nov 2020

JOHANNESBURG/MILAN, Nov 25 ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters.

Exclusive: Exxon and Total in talks over Mozambique LNG resource-sharing deal - sources

25 Nov 2020

JOHANNESBURG/MILAN ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters.

Enel CEO says time right to exit Open Fiber

24 Nov 2020

MILAN Enel's head said on Tuesday it could be the right time for the Italian utility to exit broadband operator Open Fiber as an offer by Australian fund Macquarie gives the group a big opportunity to monetise its investment.

Enel to spend 160 billion euros to become green 'super major'

24 Nov 2020

MILAN Europe's biggest utility Enel will spend 160 billion euros ($190 billion) over the next 10 years to become a green "super major" and make the company carbon-free by 2050.

UPDATE 1-Italy tells Enel plans to create national broadband network cannot be postponed

23 Nov 2020

* Italy wants Open Fiber to merge with TIM's landline grid (Recasts, adds details, background)

UPDATE 1-Italy's Terna pledges record spending to get grid ready for energy transition

19 Nov 2020

MILAN, Nov 19 Italian power grid operator Terna has pledged to spend a record 8.9 billion euros ($10.5 billion) on its grid in the next five years to meet the demands of a growing shift towards green energy.

Generali to step up asset management expansion

18 Nov 2020

MILAN Italy's top insurer Generali on Wednesday said it is aiming to become a top player in asset management after confirming its 2021 financial targets despite the pandemic.

World News

PM Johnson and EU chief seek to break Brexit impasse

British Prime Minister Boris Johnson will speak to European Commission President Ursula von der Leyen on Saturday to try to break an impasse in trade talks with time running out to avoid a chaotic end to the Brexit saga.