IPO/Ölkonzern Eni: Norwegische Tochter soll an die Börse (Seite 5) | Diskussion im Forum

ROME, July 4 (Reuters) - Italy's Eni (ENI.MI) aims to reduce its exposure to oil in favour of natural gas and non-fossil fuels in part through asset sales, the energy group's CEO Claudio Descalzi said on Tuesday.

Speaking at the Rome presentation of a report by the International Renewable Energy Agency (IRENA), Descalzi added he could not comment on potential oil asset sales in the near term.

Eni plans to generate 1 billion euros ($1.1 billion) of net proceeds from the balance between asset sales and acquisitions between 2023 and 2026, the company said in its business plan.

Last month, Eni announced the sale of some of its oil assets in Congo, just a few days after saying it had agreed to buy Neptune Energy.

Descalzi said the acquisition would reduce Eni's average carbon intensity, since Neptune is focused on natural gas. The deal also provides an opportunity to expand the carbon capture and storage business of Eni's Vaar business in northern Europe.

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https://www.reuters.com/business/energy/italys-eni-wants-red…

WARSAW, June 30 (Reuters) - Eni is in talks to secure slots in the oil terminal in the Polish port of Gdansk to receive oil it processes in PCK Schwedt refinery in Germany, in which the Italian energy group owns a minority stake.

Schwedt, which has traditionally supplied 90% of the fuel used in Germany's capital Berlin, was operating at 50-60% capacity this spring after Germany stopped oil supplies from Russia due to the Ukraine war.

"A contract is being negotiated that could allow crude oil to be supplied to the Schwedt refinery from the Gdansk terminal," an Eni spokesperson said in response to Reuters questions.

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Eni, which holds 8.33% in Schwedt, has been relying on supplies on Russian crude at the refinery before the sanctions, the spokesperson said. Shell, with 37.5% stake in the refinery, is among Naftoport clients already.

Earlier this month, Kazakh state oil firm KazMunayGaz and Rosneft Deutschland signed a deal on monthly supplies of 100,000 tons of oil to Germany's Schwedt refinery until the end of 2023.
https://www.lse.co.uk/news/eni-seeks-oil-slots-in-gdansk-for…

MILAN, June 23 (Reuters) - Italy's Eni and its Norwegian unit Vaar have agreed to buy private-equity backed Neptune Energy in a deal valuing the assets of the gas and oil producer at $4.9 billion including debt, the two groups said on Friday.

The acquisition fits the Italian group's plan to increase natural gas to 60% of its hydrocarbon production by 2030 and is expected to increase its earnings immediately, Eni said in a statement.

The acquisition, which is expected to be completed at the start of next year, is one of the biggest oil and gas deals in Europe in years.

The deal is expected to generate $500 million of industrial synergies, the group added.

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Descalzi also said that the acquisition would boost the outlook for the gas and LNG division, which last year was one of the drivers of the group's record earnings, and the potential for share buybacks to reward investors.

It will also add four billion cubic metres of gas supply for European costumers, Eni CEO said.

Under the agreement, Eni will acquire Neptune's entire portfolio other than its operations in Germany and Norway.

The German operations will be carved out prior to the Eni transaction and the Norwegian operations will be acquired by Vaar directly from Neptune in a separate deal, the two groups said in a statement.

The part of Neptune that will go to Eni will have a value of around $2.6 billion including $500 million in net debt, while the Neptune Norway business will have an enterprise value of around $2.3 billion, the groups said.

Neptune's other operations are in Britain, the Netherlands, Algeria, Indonesia and elsewhere.

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https://finance.yahoo.com/news/1-eni-vaar-agree-buy-06531501…

MILAN, June 21 (Reuters) - Swiss asset manager Energy Infrastructure Partners (EIP) is one of the investors in talks with Eni (ENI.MI) over the possibility of buying a minority stake in the energy group's low-carbon unit Plenitude, two sources with knowledge of the matter said.

Eni, which had to freeze the initial public offering of Plenitude last year due to adverse market conditions, still aims to list it. The sale of a stake in the subsidiary would give a value to it, making a future listing smoother, the sources said.

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Eni's renewable and retail unit could be valued at more than 6 billion euros ($6.6 billion) in a private transaction, one of the sources had said.

Eni is working on the sale of between 5% and 15% of Plenitude and could even do a deal before August, they had said.

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https://www.reuters.com/business/energy/eni-discussing-low-c…

ILAN, June 14 (Reuters) - Italian energy group Eni (ENI.MI) has intensified talks with several investors over a potential sale of a minority stake in its renewables and retail business Plenitude, three sources with knowledge of the matter said on Wednesday.

Two of the sources said that Eni is working on a disposal of between 5% and 15% of Plenitude and could even do a deal before Italy's summer break, which is normally in August.

Plenitude, which last year recorded an adjusted operating profit of 345 million euros, could be valued at more than 6 billion euros ($6.5 billion) in the private transaction, one of the sources said.

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https://www.reuters.com/markets/deals/eni-intensifies-talks-…

ROME (Reuters) - German Chancellor Olaf Scholz said on Thursday he is pleased that Italy and Germany have agreed to push ahead with work on the construction of a pipeline to transport gas and hydrogen between the two countries.


Italian Prime Minister Giorgia Meloni meets with German Chancellor Olaf Scholz, in Rome, Italy June 8, 2023. Chigi Palace/Handout via REUTERS

“Strengthened cooperation on diversifying energy supply is very important for me. Expanding supply networks in Europe will benefit us all and certainly increase energy security,” Scholz said during a press conference with Italian Prime Minister Giorgia Meloni.

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Sea Corridor, a joint venture between Snam and Italian energy group Eni operating the gas pipelines that connect North Africa with Italy, is also part of the consortium that will build the infrastructure, dubbed SoutH2 Corridor....

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The SoutH2 Corridor, which could transport 4 million tonnes per year for green hydrogen according to technical detail designed by the consortium, is one of the three projects under review by the European Union for the non-fossil fuel.https://www.reuters.com/article/italy-germany-pipeline-idUSL…

ROME (Reuters) - Eni and oil and gas operator KazMunayGas (KMG) will work together to build Kazakhstan's first hybrid renewables-gas power plant, the Italian energy group said on Thursday following a meeting with the Kazakh president in Astana.

"The project we announced today marks a further step towards growing Eni's renewable generation capacity, while supporting Kazakhstan's decarbonisation path," Eni Chief Executive Claudio Descalzi said.

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https://uk.finance.yahoo.com/news/eni-kmg-build-kazkahstans-…

Rome, 7 June 2023 - Eni signed a memorandum of understanding today with Libya with the aim of studying and identifying opportunities to reduce greenhouse gas emissions and develop sustainable energy in the country, in line with Eni's strategy and with the Libyan government's objectives to accelerate decarbonisation and energy transition processes. The signing took place as part of the visit of the Prime Minister of the Government of Libyan National Unity Abulhamid Dabaiba to Italy.

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https://www.eni.com/en-IT/media/press-release/2023/06/eni-si…

Rome, 7 June 2023 - Eni signed a memorandum of understanding today with Libya with the aim of studying and identifying opportunities to reduce greenhouse gas emissions and develop sustainable energy in the country, in line with Eni's strategy and with the Libyan government's objectives to accelerate decarbonisation and energy transition processes. The signing took place as part of the visit of the Prime Minister of the Government of Libyan National Unity Abulhamid Dabaiba to Italy.

MILAN, June 7 (Reuters) - Plenitude, the renewable and retail division of energy group Eni (ENI.MI), said on Wednesday it had completed the construction of its first utility-scale battery plant in Italy.

The plant, which is located near the town of Assemini in the south of Sardinia, has an installed capacity of 15 megawatt (MW) and an energy storage capacity of 9 Megawatt per hour (MWh).

It is one of the first large-scale storage systems to be connected to the Italian power grid, Plenitude said in a statement.

https://www.reuters.com/business/energy/enis-plenitude-compl…