Eni SpA ADR

E: XNYS (USA)
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$43.36ZwcyQtbkbnfx

Eni Balances Hydrocarbon Growth With Low Carbon Investment in Net-Zero Push

Business Strategy and Outlook

Eni’s latest strategy to achieve carbon neutrality in 2050 mirrors that of many peers as it seeks to invest in new low-carbon businesses. However, as with others its legacy hydrocarbon business will remain the primary earnings driver during the next decade and command the majority of investment.

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