Latest news
Big oil companies to invest in green energy
Big oil companies are stepping up its investments in renewables and clean energy, being hit by declining oil prices and plunging profits.
read more... 26/05/2016
Major oil explorer Eni embarks on renewable energy expedition
Italian oil major Eni, which has generally made little investments in green energy taking into consideration its success in discovering oil and gas, plans renewable energy projects in Italy, Pakistan and Egypt.
read more... 13/05/2016
Allianz expects to double infrastructure investments in the following 2-3 years
German insurer Allianz is looking to double its investments in infrastructure and clean energy projects within the next two to three years since it wants to diversify on where it invests its 638 billion euros ($726 billion) of assets, the manager of Allianz Capital Partners (ACP) declared.
read more... 12/04/2016
Eni cuts investment after substantial fourth-quarter loss
Italian oil producer Eni declared it will slash investments by 20 percent this year and accelerate lower-cost projects after impairments because of weak oil prices resulted in a substantial fourth-quarter loss.
read more... 29/02/2016
Snam considers new investments in gas transmission, distribution and storage at 5.1 billion euros
Snam, Italian gas Pipeline Company, is envisaging new investments in transport, distribution and storage, injecting 5.1 billion euro into Italy in the 2015-2018 period, while collaborating with Fluxys to expand the value of its overseas assets.
read more... 28/10/2015