Eni, an Italian multinational energy company, completed the acquisition of Neptune Energy, an independent exploration and production company, from China Investment, a private equity firm, for $2.6bn. "This transaction delivers to Eni a high-quality and low carbon intensity portfolio with exceptional strategic and operational complementarity. Eni sees gas as a critical bridge energy source in the global energy transition and is focused on increasing the share of its natural gas production to 60% by 2030. Neptune will contribute predominantly gas resources to Eni’s portfolio," Claudio Descalzi, Eni CEO.