Italy's Eni sets up vehicle to support innovative technologies

FILE PHOTO: The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi

MILAN (Reuters) - Eni has set up a new company called Eniverse Ventures that will help develop new technologies in the energy transition sector, the Italian company said on Monday.

The new company will support Eni's own projects and also be open to collaboration with external partners including startups, technological companies and universities.