Eni back in black as it eyes stake sale or IPO for new renewables unit

Italian major looking at options for new business unit formed of retail and renewable energy activities

Back in profit: Eni's chief executive Claudio Descalzi — Back in profit: Eni's chief executive Claudio DescalziPhoto: AP/SCANPIX

Eoin O'Cinneide

London

Europe Southern Europe

Published 30 April 2021, 06:07Updated 4 May 2021, 20:22