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Eni's Verus not so true on net zero
Italian firm Eni plans to develop the carbon-laden Evans Shoal now …
Report
Italy’s Eni plans to develop ‘carbon bomb’ gas field offshore …
May 4, 2023 (IEEFA) – Italian energy firm Eni is planning to develop one of the most carbon dioxide …
Press Release
Formosa Petrochemical project faces difficult market and financial risk
The Formosa proposal to locate a large petrochemical complex in the heart of Cancer Alley is looking increasingly ill-advised.
Report
ExxonMobil project in Guyana in breach of insurance obligations, court finds
ExxonMobil has failed to provide adequate insurance for the costs of recovering from a potentially catastrophic oil spill from a massive drilling project off the coast of Guyana, the nation’s top court has ruled.
The court found ExxonMobil …
Press Release
KEXIM delays investment in Santos’s Barossa gas project despite the company’s carbon capture aspirations, citing concerns
8 April 2022 (IEEFA Australia): Santos’s recently released 2022 Climate Change Report buries its recent emission increases and relies heavily on carbon capture technologies and blue hydrogen to achieve future emission reductions according to…
Press Release
IEEFA Australia: Even with a duplicate pipeline and CCS, emissions from Santos’s proposed Barossa project remain the same
16 February 2022 (IEEFA Australia): The emissions profile of Santos’s preliminary plans for a carbon capture and storage (CCS) project for its emissions-intensive Barossa gas field demonstrates the project will still release the same amount…
Press Release
IEEFA Update: Santos won’t solve the problem of Barossa LNG with carbon capture and storage
20 October 2021 (IEEFA Australia): Even if it employed carbon capture and storage, Barossa gas will continue to release financially risky carbon dioxide emissions onsite, onshore and across the supply chain, making it one of the more…
Press Release
The liquefied natural gas (LNG) boom in Europe isn’t all good news for U.S. exporters
U.S. imports to Europe topped White House targets by mid-August
Analysis
Australia's offshore industry: A half-century snapshot
Increasing issuance of exploration permits over production, the Australian government has given the green light to oil and gas giants including Santos and Woodside to potentially spend $AUD5.1 billion throughout the next six years on risky…
Report
From zero to fifty, global financial corporations get cracking on major oil/gas lending exits
20 October 2020 (IEEFA): Fifty globally significant financial institutions have introduced policies restricting oil sands and/or oil and gas drilling in the Arctic including 23 to date this year, highlighting global capital continues to flee…
Press Release
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