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)
Copyright (c) 2025 Dow Jones & Company, Inc.
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