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Italian oil giant ENI and Commonwealth Fusion System (CFS), a spin-off from the Massachusetts Institute of Technology (MIT), signed a new cooperation agreement on Thursday to speed up the industrialization of fusion energy. ENI first invested in CFS in 2018 and is a major shareholder.  Thursday's agreement strengthens the partnership between the tw...

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Italian oil supermajor Ente Nazionale Idrocarburi, otherwise known as Eni SpA, has committed to the net-zero energy transition by 2050, having recognized the need to change its practices in order to continue to operate a successful business model. It’s just one of many major industry players making the transition to carbon neutrality as the whole w...

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The Atlantic Council announced today the honorees and speakers for the 2022 Distinguished Leadership Awards. The honorees will be recognized at a gala at The Anthem on May 11 in Washington, DC. The 2022 Distinguished International Leadership Award will be given to the President of the Council of Ministers of the Italian Republic Mario Draghi, who w...

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Italy is about to complete construction of its first offshore wind farm, as it attempts to free itself from Russian fossil fuels. Beleolico wind turbine park will be located just off the port in Taranto, about 100 metres from the coast. Taranto is a city in the south of Italy, known for its polluting steel plant, Ilva. The facility is more likely t...

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Eni is pleased to announce that it opened its first "Open Innovation Outpost" in San Francisco today. Innovation has always been a strategic factor for Eni: with the new challenge of Digital Open Innovation, Eni hopes to stress its interest in and dedication towards protecting innovation ecosystems, with the aim of discovering emerging trends that...

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Massachusetts Institute of Technology and Commonwealth Fusion Systems successfully tested the world's most powerful high-temperature superconducting magnet in a step toward building a fusion power plant to generate carbon-free power. Italian energy group Eni is a shareholder in CFS, a fusion energy research company spun off by MIT, after investing...

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Italian major Eni launched its new HPC5 supercomputer on Thursday - the world's most powerful in the industrial sector - hailing the system as further progress towards clean energy, the company said in a statement. “Today Eni unveils a supercomputing system with key features which are unique in the industrial world. This system is able to ...accele...

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Federal regulators on Tuesday gave an Italian oil company the green light to conduct exploration drilling in federal territory of the Arctic Ocean off Alaska within weeks, the first approval of its kind in two years in a move that was quickly blasted by a prominent conservation group. Officials with the Bureau of Safety and Environmental Enforcemen...

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Italian oil producer Eni this week began drilling a new well in U.S. waters off the north coast of Alaska, becoming the first company to do so since 2015, federal regulators said on Wednesday. The oil and gas firm is working from an artificial island in the Beaufort Sea about three miles off Oliktok Point in the Arctic Ocean. The well is expected t...

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Italian energy giant Eni will start exploring for oil off Alaska after the United States authorized it to start drilling, despite environmental concerns. The US Interior Department’s safety and environment watchdog on Tuesday approved an application by Eni’s American subsidiary to drill wells under the Beaufort Sea north of Alaska. It is the first...

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