E - Eni Monetizes Oil Past to Finance Clean Energy Future: Report | Benzinga
The Italian oil and gas company Eni S.p.A. (NYSE:E) reportedly plans to spin-off interest in high-potential oil and gas projects, including Indonesia and Ivory Coast.
The company plans to finance its development and focus on more capital on low-carbon activities, reported Reuters.
As per the report, such deals is expected to expand veteran CEO Claudio Descalzi’s strategy to split some of Eni’s operations into separate entities, to raise ...