Italian oil major Eni signed a new agreement with Venezuela's PDVSA to develop the Junin 5 heavy oil project. The deal aims to recover over $2.3 billion in outstanding receivables while boosting produ
Eni and Seri Industrial launched FAENIX to develop Europe's lithium iron phosphate battery supply chain, targeting 16 GWh/year capacity by 2027. The venture establishes new assembly lines in southern
Eni SpA and Seri Industrial's FIB SpA are establishing a lithium-ion battery supply chain and storage platform in Italy. The joint venture plans to produce cells and modules by 2029, targeting over 10
Eni and Seri Industrial have signed an agreement to jointly develop a lithium iron phosphate battery supply chain, aiming to capture over 10% of the European stationary market. Plans include expanding
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