Eni signs 3 MoUs on emission reduction with SOCAR

Eni SpA E, Italy’s leading oil and gas company, and Azerbaijan’s state energy company, SOCAR, have signed three pivotal Memorandums of Understanding. These agreements are aimed at advancing energy security, cutting greenhouse gas emissions and bolstering the biofuel production chain. The agreements were finalized during the visit of Ilham Aliyev, president of the Republic of Azerbaijan.

Biofuels comeback will give West a rare energy win

A global drive to replace combustion engines with electric cars has threatened to undermine biofuels. In 2024, planes and ships will open a new avenue for propellants made from food and plant waste. That could offer a lifeline to fossil-fuel majors such as BP (BP.L), TotalEnergies (TTEF.PA) and Eni (ENI.MI) – and benefit the West.

Azimut|Benetti Group and Eni agree on renewable biofuels

Starting in summer 2023, Azimut|Benetti Group will introduce HVOlution to replace the fossil-based fuel currently used by the Azimut and Benetti brands for the technical testing of new yachts, sea trials and prototype model handling

Eni and Rina sign biofuels pact

The deal will focus on the use of hydrogenated vegetable oil (HVO) biofuel produced by Eni as well as low-carbon energy carriers such as blue or green hydrogen and ammonia.

Eni’s biofuels for Saipem’s drilling and construction fleet

Saipem’s drilling and construction vessels could be running on biofuels following a Memorandum of Understanding signed with Eni Sustainable Mobility. The two companies noted in a joint statement that particular attention will be given to operations in the Mediterranean Sea. Saipem’s fleet for drilling and construction includes 45 vessels. Through the MoU, both companies are

PDVSA allocates heavy crude cargo to Eni

PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May last year received authorizations from the U.S.

ConocoPhillips now joins QatarEnergy’s NFE LNG project

QatarEnergy signed a deal with ConocoPhillips COP.N for the Gulf state’s North Field East expansion, the world’s largest liquefied natural gas (LNG) project, following agreements with TotalEnergies TOTF.PA and Eni ENI.MI. Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion that will boost Qatar’s position as

Eni enters NFE LNG project in Qatar

Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project. Eni signed the partnership agreement for the creation of the new Joint Venture company. Asper the agreement, QatarEnergy will hold a 75% interest while Eni the remaining 25% interest. The JV will hold 12,5% interest in

Eni, Repsol given green signal to export Venezuelan oil

European giants Repsol and Eni are now allowed to export oil from Venezuela, as the US is easing a restriction on its oil exports as payment for debt. The decision comes amid a tight oil market – especially for the grade of heavy crude Venezuela produces. The US State Department is reversing its earlier position

Eni partners with IVECO for sustainable CV initiatives in Europe

Eni and IVECO, a brand of Iveco Group N.V. and a pioneer in commercial vehicles with alternative propulsion, announced today that they have signed a Letter of Intent (LoI). The two companies will bring together their competencies to explore potential cooperation on sustainable mobility initiatives in the commercial vehicle sector in Europe and accelerate the