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Eni SpA increased its planned share buyback this year to $1.7 billion due to stronger cash flow.

The heads of terms agreement deal with key terms and conditions for the economic, regulatory, and governance model for the transportation and storage of carbon dioxide at HyNet North West.

Eni insisted it was pursuing a “just transition” toward net zero emissions by 2050.

Eni renewed its membership in the MIT Energy Initiative (MITEI) as a founding member until 2027.

The new revolving credit line complements a similar $6.47 billion sustainability-linked credit line Eni signed in 2022.

Eni secures $6.1 billion revolving credit line linked to its two Sustainability-Linked Financing Framework targets.

Eni posted $1.3 billion in net income for the first quarter.

Eni posted $2 billion in net profit for the third quarter.

Eni has announced a major upgrade of the resource base in the Ndungu field offshore Angola.

Eni received $421.9 million from institutional investors in the transaction.