Eni S.p.A

ENI

IT0003132476

Integrated Oil & Gas

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22.22 ^EUR	+2.11%		+8.28%	+37.70%

07:06am	Selling pressure prevails; Saipem-Eni tandem performs well	AN
05:10am	DIARY - Italy to April 30	RE

Eni and Q8 Relaunch Partnership on Biorefining

Published on 02/04/2026 at 02:06 am EST

Alliance News - Translated by Marketscreener - See original

ENI S.P.A

+2.11%

S&P GSCI BIO FUEL INDEX

-0.17%

(Alliance News) - Eni and Q8 Italia are joining forces once again in a strategic investment to build a new biorefinery in Priolo, Sicily, Milano Finanza reported on Wednesday.

The boards of directors of both groups have approved the plan to convert the Versalis site, following a binding offer submitted by Q8.

According to MF, the project strengthens a long-standing partnership and will use Eni's Ecofining technology to produce biofuels from waste, residues, and vegetable oils. The agreement was formalized in March 2025 at the Ministry of Enterprises and Made in Italy.

The biorefinery will have a capacity of 500,000 tonnes per year and will be able to produce HVO-diesel or SAF-biojet, helping reduce greenhouse gas emissions by at least 65% compared to fossil fuels. Construction is scheduled to be completed by the end of 2028.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ENI S.P.A	22.22EUR	+2.11%	+8.28%	73.79B
	S&P GSCI BIO FUEL INDEX	146.19PTS	-0.17%	+0.75%	-

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Company Profile

Eni S.p.A is a global energy company with high technological content, present along the entire value chain: from the exploration, development and extraction of oil and natural gas to the production of electricity from cogeneration and renewable energy sources, from traditional and bio-based refining and chemistry to the development of circular economy processes. Eni S.p.A extends its reach to end markets, selling gas, electricity and products to local markets as well as to private and professional customers, to whom it also offers energy efficiency and sustainable mobility services. Thanks to the consolidation of skills, technologies, geographical and source diversification, development alliances and innovative business and financial models, Eni S.p.A. continues to generate value, meeting the challenges of the energy trilemma.

Employees

32,492

Sector

Integrated Oil & Gas

Calendar

Mar. 18 - Earnings release - Annual 2025

More about the company