Eni is merging its North Sea business with Ithaca Energy, majority-owned by Israeli group Delek, in a deal that will give Eni a 37.3% stake in a newly-formed "satellite" entity.
Eni is merging its North Sea business with Ithaca Energy, majority-owned by Israeli group Delek, in a deal that will give Eni a 37.3% stake in a newly-formed "satellite" entity.
ERG recently strengthened its presence in the US renewable energy market with the acquisition of 75% of a portfolio comprising a wind farm and a solar farm, adding 317 MW to its portfolio. This expansion marks a new era of growth and diversification for ERG.
ERG recently strengthened its presence in the US renewable energy market with the acquisition of 75% of a portfolio comprising a wind farm and a solar farm, adding 317 MW to its portfolio. This expansion marks a new era of growth and diversification for ERG.
Nexans, the world's second-largest cable manufacturer, has maintained its financial outlook for the current year, boosted by robust demand in the electrification sector, despite a 3.1% decline in sales in the first quarter of 2024.
Nexans, the world's second-largest cable manufacturer, has maintained its financial outlook for the current year, boosted by robust demand in the electrification sector, despite a 3.1% decline in sales in the first quarter of 2024.
Eni recorded a considerable 49% drop in net profit in the first quarter of 2024, with earnings coming in at €1.21 billion, impacted by lower gas prices.
Eni recorded a considerable 49% drop in net profit in the first quarter of 2024, with earnings coming in at €1.21 billion, impacted by lower gas prices.
UK-based Ithaca Energy has reached an agreement with Italy's Eni to purchase the majority of its North Sea assets, strengthening its position in the region.
UK-based Ithaca Energy has reached an agreement with Italy's Eni to purchase the majority of its North Sea assets, strengthening its position in the region.
As the expiry of a major oil sanctions license approaches, the US and Venezuela are negotiating intensively without reaching agreement on a renewal conditional on competitive presidential elections.
As the expiry of a major oil sanctions license approaches, the US and Venezuela are negotiating intensively without reaching agreement on a renewal conditional on competitive presidential elections.
PPC Group and MYTILINEOS sign an agreement to develop up to 2,000 MW of solar projects in Italy, Bulgaria, Croatia and Romania, valued at 2 billion euros.
PPC Group and MYTILINEOS sign an agreement to develop up to 2,000 MW of solar projects in Italy, Bulgaria, Croatia and Romania, valued at 2 billion euros.
