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Eni to invest $7 billion in Angola over next four years

By Reuters Staff 2 Min Read FILE PHOTO: Enis logo in San Donato Milanese, near Milan, Italy, April 27, 2016. REUTERS/Stefano Rellandini/File Photo MILAN (Reuters) - Italian energy group Eni plans to spend around $7 billion in Angola over the next four years along with its partners in a country it sees as key to its future growth strategy. The money will be invested by Eni and its joint venture partners in the country in exploration and production, refining and solar energy. The plans were disc...
Joao Lourenco Stephen Jewkes Thomson Reuters Trust Principles Angolan President Joao Lourenco Luanda Refinery Thomson Reuters Trust

The Drilldown: Biden proposes elimination of fossil fuel subsidies

iPolitics By iPolitics. Published on Apr 8, 2021 10:40am U.S. President Joe Biden in January (Twitter Photo: @POTUS) The Lead The Treasury Department estimates that eliminating subsidies for fossil fuel companies would create more than $35 billion in tax revenue over the coming decade. It also said the current subsidies undermine energy independence, hinders the fight against climate change, and harms air and water quality across the country, especially in communities of colour. “T...
France General United States El Salvador Mauna Loa Observatory Catherine Mckenna Janet Yellen

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