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Eni signs deal to sell CCUS stake to GIP

Gas
May 28, 2025

Italian energy company Eni has signed a deal to sell a 49.99% stake in its carbon capture and storage business, Eni CCUS, to Global Infrastructure Partners (GIP), a US-based infrastructure investor owned by BlackRock.

The agreement comes as Eni looks for strategic partners to support the growth of its energy transition business.

In addition to holding a minority stake in the subsidiary, GIP will also support investments made for Eni’s CCUS projects.

Eni CCUS currently oversees several projects across Europe, including Hynet and Bacton in the UK and L10 in the Netherlands. It also has the option to acquire the Ravenna CCS development in Italy.

Gas
May 26, 2026

Airgas marks 10 years as an Air Liquide company

By 57 min ago 1 min read US industrial, medical, and specialty gas distributor Airgas is celebrating 10 years under Air Liquide ownership after the French industrial gas major completed…

Gas
May 26, 2026

Work starts on liquefied biogas facility at Gothenburg

By 42 min ago 2 min read Construction has begun on a liquefied biogas facility at the Port of Gothenburg with operations slated to start before the end of 2027.…