EnergyWatch
Oil & Gas

Eni to become 80 percent more green

The Italian oil company will increase fossil extraction in the short run but, at the same time, has set a long-term climate goal to reduce its emissions.
Eni CEO Claudio Descalzi (right) is prepared to reorganize the Italian company. "We have designed a strategy that combines economic sustainability with environmental sustainability," he says. | Photo: Antonio Calanni/AP/Ritzau Scanpix
Eni CEO Claudio Descalzi (right) is prepared to reorganize the Italian company. "We have designed a strategy that combines economic sustainability with environmental sustainability," he says. | Photo: Antonio Calanni/AP/Ritzau Scanpix
by MATHIAS JULIUS FALKENGAARD

Eni won't be left behind in the wake of competitors like BP, Repsol and Equinor, which have recently presented new, large-scale climate strategies.

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