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ENI Eni Spa

14.744
-0.08 (-0.54%)
Last Updated: 08:40:42
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eni Spa BIT:ENI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.08 -0.54% 14.744 14.742 14.746 14.854 14.73 14.846 913,511 08:40:42

Eni Partners With Progressive Energy to Boost Carbon-Capture at UK Project

27/05/2021 10:40am

Dow Jones News


Eni (BIT:ENI)
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From May 2021 to May 2024

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By Giulia Petroni

 

Eni SpA on Thursday said that it has partnered with clean-energy projects developer Progressive Energy Ltd to boost carbon capture and storage within the U.K.'s HyNet low-carbon cluster project.

As part of the agreement, the Italian oil-and-gas major said it would develop and operate the onshore and offshore transportation and storage of carbon dioxide in the Liverpool Bay assets, while Progressive Energy will be responsible for the capture and hydrogen aspects of the project.

Eni also said it signed memoranda of understanding with multiple industrial companies who aim to cut their CO2 emissions through HyNet North West.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

May 27, 2021 05:40 ET (09:40 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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