BlackRock looks to buy stake in Eni’s HyNet and Bacton carbon storage projects
Eni is in talks to sell nearly 50% of HyNet in the North West and Bacton Thames NetZero projects.
Eni SPA
Penspen secures major contract for HyNet CO2 pipeline
Engineering consultancy Penspen has secured a multi-million pound contract from United Living Group for a CO2 transportation pipeline connected to HyNet North West.
£250m Liverpool Bay CCS contract set to create 600 jobs
Eni has awarded a £250 million contract to construction firm United Living Group to deliver CO2 transportation and storage infrastructure for its Liverpool Bay carbon capture and storage (CCS) project.
Eni awards £440m contract for Liverpool Bay carbon capture project to Saipem
Italian oil and gas firm Eni has awarded a €520 million (£440m) contract to Saipem for the Liverpool Bay carbon capture and storage (CCS) project.
Energy sector and industrial firms react to £2bn HyNet carbon capture confirmation
While the energy sector welcomed confirmation of HyNet, the backers of the Acorn CCS project warned Scotland must not be "left behind".
UK government and Eni reach financial close on Liverpool Bay HyNet carbon capture plans
The UK government and Italian energy firm Eni have signed a deal for financial support for its Liverpool Bay carbon capture and storage (CCS) project.
Ithaca Energy says it has ‘revitalised’ North Sea Cambo project
North Sea operator Ithaca Energy (LON: ITH) says it has "revitalised" its controversial Cambo oil field project following its tie-up with Italian firm Eni.
Aberdeen’s Well-Safe Solutions secures contract extension with Eni
Aberdeen-headquartered well decommissioning specialist Well-Safe Solutions has secured a contract extension with Italian oil major Eni (IT: ENI).
CCUS projects ‘exceeded’ targets as UK ‘on track’ to be a low-carbon leader
The policy brains behind the UK’s carbon capture, utilisation and storage (CCUS) clusters have hailed progress towards ambitions to make Great Britain a world leader in the technology despite deep concerns about delays in the projects.
Kazakh claims against Kashagan oil majors rise to $160 billion
Kazakhstan’s arbitration claims against a group of international oil majors that developed the Kashagan field escalated above $160 billion after the country alleged some deals were tainted by corruption, according to people familiar with the matter.
Cambo fate will be decided in months as Ithaca weighs tax uncertainty
A decision on whether the controversial Cambo field will be sanctioned or delayed is set to be decided in months as bosses weight the impact of North Sea tax policy.
Kazakhstan’s compensation claims against Kashagan oil firms jump to $150 billion
Companies including Eni, Shell, ExxonMobil and TotalEnergies invested close to $55 billion to develop Kashagan
French fund rule puts $7.6 billion of oil, gas assets at risk
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
Big Oil climate targets not enough to meet Paris agreement, report finds
European oil majors have made great strides in setting out plans to reduce greenhouse gases, but they aren’t enough to meet the goals of the Paris climate agreement, according to a report by money managers overseeing more than $19 trillion.