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Italy's ERG proves you can trade oil for renewables and win

Summary by Corporate Knights
This is the second installment of our six-part Masters of Metamorphosis series, in which we look at corporations that have reinvented themselves in order to seize opportunities in the energy transition. Read Naomi Buck's opening essay: "How some companies are embracing radical change to succeed in the green economy."   In 2008, the Italian oil company ERG faced a crossroads. Having sold its 49% stake in a Sicilian refinery to Russian oil giant L…

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Italy's ERG proves you can trade oil for renewables and win

This is the second installment of our six-part Masters of Metamorphosis series, in which we look at corporations that have reinvented themselves in order to seize opportunities in the energy transition. Read Naomi Buck's opening essay: "How some companies are embracing radical change to succeed in the green economy."   In 2008, the Italian oil company ERG faced a crossroads. Having sold its 49% stake in a Sicilian refinery to Russian oil giant L…

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Corporate Knights broke the news in on Friday, April 25, 2025.
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