Eni’s plan today includes upstream production growth at an annual rate of 3.5 percent up to 2025.
Read More »The Most Ambitious Climate Pledges from Big Oil are Still Weak
Natural gas is like the e-cigarette of fossil fuels.
Read More »BP. Eni. Equinor. Shell and Total Join Forces to Store Emissions Under the North Sea
The Net Zero Teesside project aims to decarbonise local industry by building a transportation and storage system to gather industrial carbon dioxide. compress it and store it safely in reservoirs under the sea.
Read More »Eni Targets Oil Output Peak in Clean Energy Drive
Eni is aiming to cut its greenhouse gas emissions by 80% by 2050 in absolute terms.
Read More »BP`s Net Carbon Goals Achievable
In 2018. BP invested over $10 billion to buy BHP Billiton'.s US shale business.
Read More »Shell Starts Gas Exploration in Oman
Shell. along with energy giant Total. have signed agreements with the Omani government to monetize gas resources in the Greater Barik area.
Read More »Chevron Reports Lowest Reserve-Replacement Ratio since 2010
Chevron’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year. eroding its portfolio of untapped fields.
Read More »Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade
U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil. but pose only a limited threat to the Russian energy giant’s wider business.
Read More »Global LNG Glut Drives Cancellations at Key U.S. Shale Terminals
A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc.. the biggest U.S. exporter. as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
Read More »LNG Market Rout Offers Glimmer of Hope
The hit to Chinese demand for LNG due to coronavirus has exacerbated the already weak market.
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