Energy

Eni: agreement with Open EP for regular gas transit in case of emergency

Eni and the Swiss company Open Energy Platform AG (Open EP) have entered into an agreement to guarantee the flow of gas to Switzerland and Italy even in the event of interruptions or significant reductions in gas flows from Germany. The Six-legged Dog made this known in a press release which specifies that the agreement favors the efficient use of the Swiss Transit gas transport infrastructure in relation to both the flows of gas from France to Italy through Switzerland and the safety of gas supply in Switzerland.

ESG Loan Bubble Close To Bursting

Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion. But now, as scrutiny comes for sustainability claims with no substance, that market faces a reckoning. And so do the banks that lent those money.