The goal is to develop integrated projects in key sectors of the energy transition such as hydrogen, circular economy and sustainable mobility, leveraging the collective skills of the three companies
decarbonisation
Eni and Saipem ink MoU for decarbonization projects in Italy
The objective is to contribute towards the decarbonisation process of entire production chains
Sector coupling helps industry decarbonize if electricity taxation favours renewables instead of fossil fuels
Sector coupling would allow heavy industry, one of the ‘hard to abate’ sectors in the climate challenge, to procure power at favourable costs and would also have a positive impact on the business case for renewables
GCC upstream carbon emissions could increase 30% by 2030 if steps are not taken
GCC oil and gas players have started to move in the right direction towards a cleaner future and must continue their efforts to decarbonize their operations
BP to move heavily in acquisitions & divestments to deliver new strategy, says GlobalData
The company is focusing on renewables and decarbonisation
Oil and gas sector to boost investment in the energy transition: DNV GL
71% of senior oil and gas professionals expect to increase or maintain investment in decarbonization, rising sharply from 54% in 2019, despite volatile market conditions
Repsol targets net zero emissions by 2050
The company is setting a decarbonisation path with intermediate targets for 2020 to 2040
The success of a low-carbon future depends on integrated action
According to Rodney Allam, the 2012 Global Energy Prize laureate, member of the Global Energy Prize International Award Committee, the transition to a low-carbon future requires an integrated approach, long-term planning and coherence.