Eni to Spend $8.4 Billion in Italy, $1.2 Billion on Renewables

GALWAY, IRELAND--May 8, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Italy's Eni SpA (NYSE:E) has joined the growing ranks of oil and gas majors committing more money to green energy with a commitment to investing seven billion euro ($8.4 billion) in Italy over the next four years, including 1 billion euro ($1.2 billion) in "green activities."

Within this article: Details Eni's key spending plans, increased bio-refining activities, planned renewable power investments, start of second production unit at the Zohr gas field in Egypt.