Eni Targets Neutral Upstream Carbon Footprint by 2030

Date : 03/15/2019 @ 11:55AM
Source : Dow Jones News
Stock : Eni S.P.A. (E)
Quote : 35.44  -0.62 (-1.72%) @ 4:00AM
Eni S.P.A. share price Chart

Eni Targets Neutral Upstream Carbon Footprint by 2030

Eni (BIT:ENI)
Historical Stock Chart

1 Month : From Feb 2019 to Mar 2019

Click Here for more Eni Charts.
   By Nathan Allen 
 

Eni SpA (ENI.MI) has set a target for its upstream business to generate net zero direct carbon dioxide emissions by 2030, it said Friday.

Over the next four years, Eni plans to invest 3 billion euros ($3.39 billion) in its decarbonization strategy, which includes planting large forests to absorb 20 million tonnes of CO2 a year.

The company also plans to increase its investment in renewable energy and cut down on flaring, the practice by which natural gas is burned off during the extraction of oil.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

March 15, 2019 07:40 ET (11:40 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest E Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20190324 08:45:12