Eni Doubles Down on Transition-Related Assets as Peers Withdraw -- Market Talk

Dow Jones

2025/02/28

1327 GMT - Eni remains committed to energy transition-related investments as its oil and gas peers withdraw from them, HSBC analysts write. The Italian oil major's 2025 to 28 strategy doubles down on biorefining and renewable assets, they write. It's new strategy contained no major changes, they write. This is somewhat remarkable given peers BP, Equinor and Shell have all recently scaled back their climate ambitions and investments in low-carbon assets, they write. Shares trade down 1.6% at 13.85 euros.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

February 28, 2025 08:27 ET (13:27 GMT)

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Shares trade down 1.6% at 13.85 euros.(adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 08:27 ET (13:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0310800965.SGD","symbol_name":"FTIF - Templeton Global Balanced A Acc SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514321010","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514321010","pubTimestamp":1740749220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1327 GMT - Eni remains committed to energy transition-related investments as its oil and gas peers withdraw from them, HSBC analysts write. The Italian oil major's 2025 to 28 strategy doubles down on biorefining and renewable assets, they write. It's new strategy contained no major changes, they write. This is somewhat remarkable given peers BP, Equinor and Shell have all recently scaled back their climate ambitions and investments in low-carbon assets, they write. 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It's new strategy contained no major changes, they write. This is somewhat remarkable given peers BP, Equinor and Shell have all recently scaled back their climate ambitions and investments in low-carbon assets, they write. Shares trade down 1.6% at 13.85 euros.(adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 28, 2025 08:27 ET (13:27 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}