BlackRock Volume Slides to 197th as Climate-Aligned Infrastructure Push Drives Eni CCUS Deal

On August 18, 2025, BlackRock (BLK) traded with a volume of $0.46 billion, a 30.98% decline from the previous day, ranking 197th in market volume. The stock rose 0.10% for the session.

BlackRock’s Global Infrastructure Partners (GIP) announced an agreement to acquire a 49.99% stake in Eni’s carbon capture, utilization, and storage (CCUS) business. The transaction involves Eni CCUS Holding, which manages projects in the UK (HyNet, Bacton) and the Netherlands (L10-CCS), as well as future rights to Italy’s Ravenna CCS project. The partnership aims to leverage GIP’s infrastructure expertise and Eni’s technical capabilities to accelerate large-scale decarbonization solutions. Joint control of the entity will be shared, pending regulatory approvals.

Eni CEO Claudio Descalzi emphasized that the move aligns with the company’s strategy to attract capital for energy transition initiatives, enhancing value creation and emission reduction. GIP CEO Bayo Ogunlesi highlighted the collaboration’s potential to advance CCUS deployment, supporting growing demand for affordable, low-carbon energy. The deal underscores BlackRock’s focus on infrastructure investments tied to climate goals, though its immediate impact on stock performance remains limited amid broader market volatility.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day resulted in a moderate return. The total profit from this strategy, considering the given time period from 2022 to the present, is $2,340. The cumulative return reaches 23.4% when accounting for the initial investment. This indicates a positive performance, but the returns are modest given the significant market volatility and the use of a conservative holding strategy.