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IKAV, VTTI buy majority stake in Italy's biggest LNG terminal

UPDATE 2-IKAV, VTTI buy majority stake in Italy's biggest LNG terminal Exxon, QatarEnergy sell stakes in Italy LNG terminal Snam could decide as soon as next week on its stake Rome to review deal under Golden Power rules Adds details on Exxon divestment strategy, sources on Snam possibly raising stake By Francesca Landini MILAN, March 27 (Reuters) - Dutch infrastructure group VTTI and German asset manager IKAV have teamed up to buy a majority stake in Italy's biggest liquefied natural gas termin
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Italy's Eni to develop separate energy transition units

UPDATE 3-Italy's Eni to develop separate energy transition units Eni puts energy transition businesses in focus Enilive will follow Plenitude path Carbon capture, chemicals will also be spun off Group raises payout ratio, but cautious on cash flow Recasts with CEO comments to journalists, share closure By Francesca Landini MILAN, March 14 (Reuters) - Italy's Eni ENI.MI said on Thursday it would embrace transition by creating separate units specialising in carbon capture and bio chemicals , addin
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Snam, Edison agree end-June deadline for gas storage asset deal

BRIEF-Snam, Edison agree end-June deadline for gas storage asset deal March 14 (Reuters) - Snam SRG.MI executives tell a post-results conference call: CEO: GROUP SEES GAS DEMAND IN ITALY TO AROUND 64 BILLION CUBIC METRES IN 2024 CFO EXPECTS CONTRIBUTION FROM INTERNATIONAL ASSOCIATES TO FALL TO AROUND 60-70 MILLION EUROS IN 2024 CEO GROUP AGREED WIT
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Italian gas grid Snam says core earnings up 8% in 2023

UPDATE 2-Italian gas grid Snam says core earnings up 8% in 2023 Adds CEO comments to Reuters By Francesca Landini MILAN, March 14 (Reuters) - Italian gas grid operator Snam SRG.MI said on Thursday its core earnings rose 8% last year, driven by its gas transportation and energy transition businesses. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 2.4 billion euros ($2.6 billion) in 2023. The state-controlled group will ask shareholders to approve a pro
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Snam To Propose Buyback On Up To 3.27% Of Share Capital, For Up To EUR 500 Mln

BRIEF-Snam To Propose Buyback On Up To 3.27% Of Share Capital, For Up To EUR 500 Mln March 14 (Reuters) - Snam SpA SRG.MI : TO PROPOSE BUYBACK ON UP TO 3.27% OF SHARE CAPITAL, UP TO 110 MILLION SHARES FOR UP TO EUR 500 MILLION Source text for Eikon: ID:nBIA359ZRj Further company coverage: SRG.MI (Gdansk Newsroom)
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