financetom
Business
financetom
/
Business
/
Italy's Maire ready to benefit from large investments made by energy companies, says CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Italy's Maire ready to benefit from large investments made by energy companies, says CEO
Mar 5, 2024 7:31 AM

MILAN, March 5 (Reuters) - Italy's Maire is

ready to benefit from the large investments that energy

companies will be making in sustainability, the Chief Executive

of the engineering group said on Tuesday.

"We see massive investments by energy companies for the

transition to sustainability and this is good news for us. Only

a limited amount of companies can do these things and we are one

of them, we know how to deliver mega projects," CEO Alessandro

Bernini told a post-results conference call.

A company slide showed that major international energy

groups, including Eni , Shell and Exxon Mobil ( XOM )

are seen to invest 1 trillion dollars over the years

between 2023 and 2030, up from the 0.8 trillion in the 2015-2022

period.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--American States Water Increases Quarterly Dividend 8.3% to $0.4655 Per Share, Payable on Sept. 3 to Shareholders on Aug. 16
--American States Water Increases Quarterly Dividend 8.3% to $0.4655 Per Share, Payable on Sept. 3 to Shareholders on Aug. 16
Aug 1, 2024
12:50 PM EDT, 08/01/2024 (MT Newswires) -- Price: 82.88, Change: +0.34, Percent Change: +0.42 ...
Outbrain to Buy Teads in $1 Billion Deal to Create Open Internet Advertising Platform
Outbrain to Buy Teads in $1 Billion Deal to Create Open Internet Advertising Platform
Aug 1, 2024
12:51 PM EDT, 08/01/2024 (MT Newswires) -- Outbrain ( OB ) said Thursday it will purchase global video platform company, Teads, for about $1 billion to create an open internet advertising platform across CTV, web and mobile apps. The transaction consists of $725 million upfront cash, $25 million deferred cash, 35 million Outbrain ( OB ) shares, and $105 million...
US EPA grants fuel waiver to Midwest states impacted by Joliet refinery shutdown
US EPA grants fuel waiver to Midwest states impacted by Joliet refinery shutdown
Aug 1, 2024
(Reuters) - The U.S. Environmental Protection Agency (EPA) on Thursday issued an emergency waiver to help alleviate fuel shortages in four states where the supply of gasoline has been impacted by the shutdown of the Exxon Mobil Refinery in Joliet, Illinois. Exxon Mobil ( XOM ) shut down its 251,800 barrel-per-day refinery at Joliet, Illinois, last month due to a...
Trans Mountain oil pipeline loads 19 Aframax vessels in July, slightly below June levels
Trans Mountain oil pipeline loads 19 Aframax vessels in July, slightly below June levels
Aug 1, 2024
By Arathy Somasekhar and Nia Williams HOUSTON, Aug 1 (Reuters) - About 19 Aframax ships loaded around 330,000 barrels per day of crude oil in July at Canada's West Coast in the second full month of operations on the newly expanded Trans Mountain pipeline, slightly lower than June, vessel-tracking data showed. The pipeline loadings are closely watched for their impact...
Copyright 2023-2026 - www.financetom.com All Rights Reserved