Daily Archives: February 28, 2020

Eni sets a target to cut greenhouse gas emissions from its production and the products it sells by 80% by 2050

Member companiesBy OGCI February 28, 2020

Italian energy company Eni pledged on Friday to reduce its oil production from 2025 and slash its greenhouse gas emissions by 80% and in one of the most ambitious clean-up drives in an industry under pressure from investors to go green.

BP, Eni, Equinor, Shell and Total Energies form consortium to develop the Net Zero Teesside project and accelerate potential of UK’s first zero-carbon cluster

Climate InvestmentsBy OGCI February 28, 2020

Net Zero Teesside to announce MoUs with 3 existing industrial partners to decarbonise local industry at the official launch event held in Middlesbrough. An extensive impact assessment on the construction phase of the project estimates an annual gross benefit of up to £450 million for the Teesside region and the support of up to 5,500 direct jobs .