Eni IPO offers test case for oil transition plans

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Eni IPO offers test case for oil transition plans
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“Plenitude” sounds a bit like what might happen if you combined Eni with platitudes. As with most corporate rebrands, the $50 billion Italian oil group’s new name for its green arm, which means “abundance”, is indeed slightly trite. But the wider initial public offering may influence investor attitudes to how oil companies decarbonise.

Editing by Neil Unmack and Oliver TaslicReuters Breakingviews is the world's leading source of agenda-setting financial insight.

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