Côte d'Ivoire and the Italian group Eni assess progress on the Baleine energy project, whose third phase plans a daily production of 150,000 barrels of oil and 200 million cubic feet of gas for the Ivorian domestic market.
Eni has inaugurated its first vegetable oil extraction plant in Loudima, Republic of the Congo, marking the country's entry into the global biofuel supply chain for the transport industry.
Facing supply fluctuations, integrated biorefineries are emerging as an effective industrial solution, combining diverse feedstocks to optimize operating costs and secure renewable fuel supplies, crucial to achieving carbon neutrality goals.
Italian hydrocarbon giant Eni saw its second-quarter net profit jump 125% to €661 million, against a backdrop of rising oil prices.
These results beat expectations and reflect strong growth in renewable energy production and biorefining.
Euglena, Petronas and Eni have approved a $1.3 billion investment in a biorefinery in Malaysia, to be operational in 2028, to produce sustainable biofuels.
Enilive has started producing sustainable aviation fuel (SAF) at its biorefinery in Gela, Sicily, with an annual capacity of 400,000 tons, meeting nearly a third of Europe's projected demand for 2025.
BP receives approval from the Australian government to invest AUD 580 million in converting its Kwinana site into a biorefinery, producing sustainable aviation fuel and hydrotreated vegetable oil.
