ENI

E

Market cap $70.3B

E expands its renewable fuels business through a BMW partnership, boosting HVO adoption and strengthening its sustainable mobility strategy.

Italian energy group Eni and battery storage firm Seri Industrial announced ​on Monday the launch of FAENIX, ‌a new company which will specialise in the commercial and technological development of Europe's ​lithium iron phosphate (LFP) stationary battery supply ​chain.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 4.1%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.

The global oil market will break out of its roughly $80-$100 range by the first ​quarter of 2027 at the latest, boosting inflation ‌and reducing energy demand, if the Middle East conflict continues, Claudio Descalzi, the CEO of Italian state-controlled group Eni ​said.

FTI's new Baleine Phase 3 contract with E covers flexible flowlines and risers to support a major offshore production boost in Cote d'Ivoire.

In July, the market is rewarding quality at almost any price, which makes the bargain bin worth a serious look.

E diversifies into critical minerals with a Chile lithium investment, securing future battery material supply while advancing its energy transition strategy.

Goldman Sachs says the HALO trade has worked well this year, but a tougher phase relying on earnings performance lies ahead.

E expands into fusion energy through a new JV with UKAEA, combining fuel-cycle expertise and industrial capabilities to support the growing clean energy market.

Eni's stake gives it the rights to up to a quarter of future lithium production from the Black Giant project.