Italy's Eni said on Thursday it would expand its low-carbon activities as part of its 2025-2028 strategy, creating a new company for its carbon capture and storage activities, and offering power for data centres.

ADQ has entered into a memorandum of understanding (MoU) with Eni, a Rome-based global energy technology company, to explore potential areas of cooperation aimed at strengthening supply chains for critical minerals essential to the global energy transition.

Italian energy contractor Saipem , which has agreed to merge with Norwegian rival Subsea 7 , said on Tuesday it would resume paying a dividend after a four-year break.

Italian energy giant Eni announced plans on Thursday to boost shareholder returns and expand its energy production capacity as part of its latest capital markets update.

Italian oil major Eni is accelerating its energy transition strategy as it creates two new businesses this year focused on offering green artificial intelligence computing power and capturing carbon dioxide emissions, it said on Thursday.

Energy services firms Saipem and Subsea7 have reached an agreement on the key terms for possible merger of the two companies under one unit to be named

ROME ITALY, Italy (AP) — ROME ITALY, Italy (AP) — Eni SpA (E) on Thursday reported net income of $263.5 million in its fourth quarter. The Rome Italy, Italy-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs, came to 58 cents per share.

The United Arab Emirates (UAE)-based Abu Dhabi Future Energy Company (Masdar) has signed an agreement with TAQA Transmission and Eni to advance the tripartite energy partnership framework between the UAE,

The Italian energy major signed deals with UAE companies on data center development, renewable energy transmission through interconnection between Albania and Italy, and critical minerals.