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Latest News: Sustainability

Eni and Adnoc announce carbon-capture collaboration

The Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) signed a strategic framework agreement with Eni S.p.A. (Rome, Italy; www.eni.com) to explore new opportunities for collaboration in carbon capture utilization and storage (CCUS), where ADNOC is an industry leader, and additional…

Saipem tests a new technology for the disposal and reuse of plastic waste

Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) signed a license agreement with ITEA S.p.A, an Italian company that owns the patent for application of a new plastics recycling technology. Originally designed for applications in the oil & gas sector, the…

Masdar and Cepsa announce JV focused on renewable projects in Spain and Portugal

Renewable energy company Masdar (Abu Dhabi; www.masdar.ae) and Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) announced an agreement to establish a joint venture company to develop renewable energy projects in Spain and Portugal.  The 50:50 venture was announced…

Total to develop Qatar’s First Large-Scale Solar Plant

Total S.A. (Paris, France; www.total.com) as entered into agreements for the development of the Al Kharsaah Solar PV IPP Project, a 800 megawatt-peak (MWp) solar plant that will be located 80 km west of Doha, Qatar. The project was awarded…

Chevron joins the Hydrogen Council, plans hydrogen-fueling pilot project

Chevron Corp. (San Ramon, Calif.; www.chevron.com) announced that it has joined the Hydrogen Council, a global advisory body providing a long-term vision for the role of hydrogen in the energy transition. Hydrogen is used at Chevron refineries to refine crude…