Low-risk spending: Italian oil and gas company Eni is based in Milan Photo: AFP/SCANPIX

No more mega projects: Eni calls time on multibillion-dollar developments

Italian oil giant's upstream director Guido Brusco says phased projects favoured as it focuses on cash, cost and competition in a decarbonised future

25 February 2021 12:49 GMT Updated  25 February 2021 12:49 GMT