Latest news with #ENI
DW
3 days ago
- Politics
- DW
Pope Leo XIV welcomes Argentine President Milei to Vatican – DW – 06/07/2025
Pope Leo XIV welcomed Javier Milei and reportedly agreed to visit Argentina. Leo's predecessor Francis was an Argentine who often clashed with Milei and never visited his home country during his 12-year papacy. Pope Leo XIV on Saturday welcomed Argentina's President Javier Milei to the Vatican, which released an official statement calling the meeting "cordial." After his exchange with Leo, Milei held talks with Vatican Secretary of State Cardinal Pietro Parolin and a diplomatic team. The Vatican statement said issues of "common interest," were discussed during Saturday's visit, "such as socioeconomic progress, the fight against poverty, and the commitment to social cohesion, in addition to addressing ongoing conflicts" and global peace efforts. Milei's office released an excited statement on social media after the meeting as well, announcing, "The Pope confirmed to the President that he will visit Argentina." Argentine media sources suggest such a trip could take place as soon as next year as part of a South American tour that could include stops in Uruguay and Peru, where Leo lived and worked for nearly 20 years. Can Milei navigate a turnaround in relations with Vatican? A brash libertarian populist with a fawning affinity for Donald Trump, Milei had a tense relationship with Leo's predecessor Pope Francis, an Argentine who never returned home during his 12-year papacy. Though Francis never publicly called out Milei, he indirectly criticized police heavy-handedness in the mistreatment of Argentine retirees protesting for better pensions in 2024, saying, "instead of paying for social justice, they paid for pepper spray." Milei, who launched rabid online tirades against Francis, went so far as to defame him as "an imbecile" and far worse in expletive-laden posts, even equating him with the Antichrist. Why has Milei stirred controversy? Milei has implemented radical austerity measures in his effort to slow inflation and lower poverty levels. His radical free-market approach runs counter to Catholic social teachings that expect the state to care for those of its citizens finding themselves in need. Archbishop of Buenos Aires Jorge Ignacio Garcia Cuerva — whom Leo also welcomed to the Vatican on Saturday — has accused Milei of lacking empathy, saying he "has no social thermometer" nor understanding for the pain of simple Argentines. Milei's trip to the Vatican followed a Friday meeting with Italian Prime Minister Giorgia Meloni at which the two allies signed an agreement between their respective partially state-owned energy companies ENI and YPF. Argentina sees protests swell ahead of major strike To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Edited by: Rana Taha
Malaysian Reserve
5 days ago
- Business
- Malaysian Reserve
MarketsandMarkets' 360Quadrants Recognizes Top Startups and SMEs in the Lubricants Identification Quadrant Report 2025
DELRAY BEACH, Fla., June 5, 2025 /PRNewswire/ — 360Quadrants has released its latest Lubricants Startups/SMEs Companies Assessment, 2025, recognizing key players, including both global giants and emerging innovators, for their excellence in market presence, product innovation, and business strategy. The report highlights that ENI S.p.A., FUCHS SE, Kluber Lubrication, and Gulf Oil International Ltd., among the top companies, are actively shaping the future of the Lubricants Identification Startups/SMEs Companies Assessment. The evaluation leverages 360Quadrants' proprietary methodology to map competitive positioning across 7,000+ micro markets within 10+ industries, enabling decision-makers to make strategic, data-backed vendor choices. Company Highlights in the Lubricants Startups/SMEs Companies Assessment: ENI S.p.A. is a global energy company engaged in a wide range of sectors, including exploration and production, natural gas and LNG, refining and marketing, chemicals, renewables, and retail. The company is committed to delivering sustainable, customer-focused energy solutions and innovative products. ENI serves approximately 9.6 million retail customers, with plans to expand its customer base to 11 million by 2025. The company operates through six major business segments: refining and marketing, chemical, ENI gas e luce, power and renewable, exploration and production, global gas and LNG portfolio, and corporate and others. Through its exploration and production business segment, it offers lubricants. The company maintains a strong presence in the European market and actively operates across Africa, Asia, North America, and South America. FUCHS SE is the world's largest independent manufacturer of lubricants and related specialty products. Its comprehensive product portfolio includes automotive lubricants, such as engine oils, transmission fluids for cars, motorcycles, agricultural and industrial machinery, as well as metalworking fluids, industrial lubricants, and biodegradable solutions. Operating independently across numerous global locations, FUCHS also forms strategic partnerships in select regions. For instance, in Saudi Arabia, its products are marketed through Alhamrani-FUCHS Petroleum Saudi Arabia, under a local collaboration agreement. Klüber Lubrication is a leading manufacturer and supplier of specialty lubricants tailored for a wide range of industries. Its product portfolio includes bonded coatings, corrosion inhibitors, lubricant dispensers, lubrication sprays, greases, oils, pastes, waxes, and other advanced lubrication solutions. Headquartered in Germany, Klüber Lubrication provides both products and services domestically and supports industrial applications across various sectors. To explore the full quadrant report and see how companies are positioned in the Lubricants Startups/SMEs Companies Assessment, 2025, Visit: Evaluation Criteria The vendor evaluation was conducted on over 130 companies, of which the top 15 were categorized and recognized as quadrant leaders. Factors such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Lubricants Startups/Small-Medium Businesses Companies Assessment quadrant. The top criteria for product footprint evaluation included Base Oil (Mineral oil lubricants, synthetic lubricants, and bio-based lubricants), Product Type (Engine oil, hydraulic oil, compressor oil, metalworking fluid, gear oil, turbine oil, grease, and other product types), and End-Use. 360 Quadrants Scoring Methodology 360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Progressive companies, Responsive companies, Dynamic companies, and Starting blocks. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives. Download Free Sample @ About 360Quadrants 360Quadrants, a specialized division of MarketsandMarkets™, delivers comprehensive quadrant analyses for various emerging technologies and markets, including start-ups. Our evaluation methodology hinges on two critical parameters: market presence and product footprint. This approach facilitates a graphical representation of competitive positioning across four key categories: leaders, contenders, innovators, and emerging companies. In addition, we meticulously classify start-ups into progressive companies, responsive companies, dynamic companies, and starting blocks. Our expertise equips organizations with insights into market leaders across over 6000 micro markets, enabling a detailed comparison of vendor capabilities and performance. At 360Quadrants, we ensure that each quadrant adheres to the highest standards, empowering our clients to navigate complex market dynamics precisely and confidently. 360Quadrants has also launched quadrants in fields such as – Mining Lubricants Startups/SMEs Companies Assessment, 2025, and Advanced Ceramics Startups/SMEs Companies Assessment, 2025. About MarketsandMarkets MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Ms. Sipti Banga,630 Dundee Road, Suite 430Northbrook, IL 60062USA: +1-888-600-6441Email: Logo: View original content:
Yahoo
5 days ago
- Business
- Yahoo
MarketsandMarkets' 360Quadrants Recognizes Top Startups and SMEs in the Lubricants Identification Quadrant Report 2025
DELRAY BEACH, Fla., June 5, 2025 /PRNewswire/ -- 360Quadrants has released its latest Lubricants Startups/SMEs Companies Assessment, 2025, recognizing key players, including both global giants and emerging innovators, for their excellence in market presence, product innovation, and business strategy. The report highlights that ENI S.p.A., FUCHS SE, Kluber Lubrication, and Gulf Oil International Ltd., among the top companies, are actively shaping the future of the Lubricants Identification Startups/SMEs Companies Assessment. The evaluation leverages 360Quadrants' proprietary methodology to map competitive positioning across 7,000+ micro markets within 10+ industries, enabling decision-makers to make strategic, data-backed vendor choices. Company Highlights in the Lubricants Startups/SMEs Companies Assessment: ENI S.p.A. is a global energy company engaged in a wide range of sectors, including exploration and production, natural gas and LNG, refining and marketing, chemicals, renewables, and retail. The company is committed to delivering sustainable, customer-focused energy solutions and innovative products. ENI serves approximately 9.6 million retail customers, with plans to expand its customer base to 11 million by 2025. The company operates through six major business segments: refining and marketing, chemical, ENI gas e luce, power and renewable, exploration and production, global gas and LNG portfolio, and corporate and others. Through its exploration and production business segment, it offers lubricants. The company maintains a strong presence in the European market and actively operates across Africa, Asia, North America, and South America. FUCHS SE is the world's largest independent manufacturer of lubricants and related specialty products. Its comprehensive product portfolio includes automotive lubricants, such as engine oils, transmission fluids for cars, motorcycles, agricultural and industrial machinery, as well as metalworking fluids, industrial lubricants, and biodegradable solutions. Operating independently across numerous global locations, FUCHS also forms strategic partnerships in select regions. For instance, in Saudi Arabia, its products are marketed through Alhamrani-FUCHS Petroleum Saudi Arabia, under a local collaboration agreement. Klüber Lubrication is a leading manufacturer and supplier of specialty lubricants tailored for a wide range of industries. Its product portfolio includes bonded coatings, corrosion inhibitors, lubricant dispensers, lubrication sprays, greases, oils, pastes, waxes, and other advanced lubrication solutions. Headquartered in Germany, Klüber Lubrication provides both products and services domestically and supports industrial applications across various sectors. To explore the full quadrant report and see how companies are positioned in the Lubricants Startups/SMEs Companies Assessment, 2025, Visit: Evaluation Criteria The vendor evaluation was conducted on over 130 companies, of which the top 15 were categorized and recognized as quadrant leaders. Factors such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Lubricants Startups/Small-Medium Businesses Companies Assessment quadrant. The top criteria for product footprint evaluation included Base Oil (Mineral oil lubricants, synthetic lubricants, and bio-based lubricants), Product Type (Engine oil, hydraulic oil, compressor oil, metalworking fluid, gear oil, turbine oil, grease, and other product types), and End-Use. 360 Quadrants Scoring Methodology 360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Progressive companies, Responsive companies, Dynamic companies, and Starting blocks. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives. Download Free Sample @ About 360Quadrants 360Quadrants, a specialized division of MarketsandMarkets™, delivers comprehensive quadrant analyses for various emerging technologies and markets, including start-ups. Our evaluation methodology hinges on two critical parameters: market presence and product footprint. This approach facilitates a graphical representation of competitive positioning across four key categories: leaders, contenders, innovators, and emerging companies. In addition, we meticulously classify start-ups into progressive companies, responsive companies, dynamic companies, and starting blocks. Our expertise equips organizations with insights into market leaders across over 6000 micro markets, enabling a detailed comparison of vendor capabilities and performance. At 360Quadrants, we ensure that each quadrant adheres to the highest standards, empowering our clients to navigate complex market dynamics precisely and confidently. 360Quadrants has also launched quadrants in fields such as – Mining Lubricants Startups/SMEs Companies Assessment, 2025, and Advanced Ceramics Startups/SMEs Companies Assessment, 2025. About MarketsandMarkets MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Ms. Sipti Banga,630 Dundee Road, Suite 430Northbrook, IL 60062USA: +1-888-600-6441Email: Logo: View original content: SOURCE MarketsandMarkets Sign in to access your portfolio
Reuters
20-05-2025
- Business
- Reuters
WGC-ENI expects natural gas and LNG to exceed 90% of production by 2045
BEIJING, May 20 (Reuters) - Italian energy group ENI ( opens new tab expects natural gas and liquefied natural gas (LNG) to account for more than 90% of its production by 2045, an executive told an industry event on Tuesday. "We are putting our money where our mouth is in the sense that we are actually changing our portfolio toward gas energy. We expect that we go to higher than 90% of our production as gas and LNG by 2045," said Cristian Signoretto, director of ENI's global gas and LNG portfolio.
Business Insider
15-05-2025
- Business
- Business Insider
Ghana's Mahama courts oil investors, pushes for aggressive crude oil extraction
Ghana is urging investors to help boost oil production as the global push for decarbonization threatens to leave fossil fuel assets stranded. Ghana is encouraging increased oil production amidst global emphasis on decarbonization. President John Mahama highlighted the decline in oil output and the need for renewed investment during the Africa CEO Forum. Despite calls for expanding oil drilling, Ghana continues to uphold commitments to clean energy targets. Ghana is urging investors to help boost oil production as the global push for decarbonization threatens to leave fossil fuel assets stranded. President John Mahama made the appeal during the Africa CEO Forum held on Tuesday in Abidjan, Ivory Coast. 'Oil is in transition and so anybody who has any assets should be pumping like there's no tomorrow,' he said, signalling Ghana's readiness to welcome investors with open arms. 'We're rolling out the red carpet for anyone ready to drill.' Oil output declines Ghana's oil production has declined steadily over the last five years, largely due to limited investment in new exploration and field development. According to the Public Interest and Accountability Committee (PIAC), Ghana's oil output fell to 48.3 million barrels in 2024, slightly below the 48.2 million barrels produced in 2023, and well down from a peak of 71.4 million barrels in 2019. Mahama attributed the decline in output to regulatory uncertainty, which he said drove some major players away. 'ENI was held in contempt and they had to move all their expatriate management to Cote d'Ivoire,' he noted, adding that now the company was 'back and they are drilling again'. Mahama's call to action echoes a growing sentiment among oil-producing nations, including recent appeals by U.S. leaders for increased domestic output. OPEC, too, has raised production levels, contributing to a roughly 13% drop in Brent crude prices this year, now hovering around $65.3 per barrel, per Bloomberg. Elected in December, Mahama has pledged to revive Ghana's struggling economy, which is still reeling from a debt crisis and rising cost of living. Reflecting on past government priorities, he said, 'The environment got a bit toxic. The government did not seem to prioritise the sector.'
