Eni Publishes Methane Report, Highlights Emissions Reduction Efforts [Yahoo! Finance]
ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
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Source: Yahoo! Finance
Italian energy major Eni S.p.A. unveiled its first dedicated Methane Report, dubbing it a milestone toward its path to transparency and reducing global methane emissions. The company said in a media release that the standalone report recognizes the key role abating methane emissions within the oil and gas sector can play in the fight against climate change. The report details the company's actions to reduce methane emissions across its operations and how the company shares this expertise with others in the sector. Eni is of the opinion that natural gas will play a crucial role in the energy transition plan leading up to 2050 due to its cost-effectiveness, dependability, adaptability, and relatively low carbon content in comparison to other fossil fuels. Nevertheless, there is a need for worldwide efforts to eradicate methane leakage across the entire natural gas supply chain, the company said. “Understanding the urgency to act and the need for in-depth knowledge of its assets h
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