Italy's Eni profits down on falling oil and gas prices
Like its competitors, Eni benefited last year from the spike in gas and oil prices, fuelled by the economic recovery after the pandemic and Russia's invasion of Ukraine.
Like its competitors, Eni benefited last year from the spike in gas and oil prices, fuelled by the economic recovery after the pandemic and Russia's invasion of Ukraine.
Scientists say that by 2030 the world needs to cut greenhouse gas emissions by around 43% from 2019 levels to stand any chance of meeting the 2015 Paris Agreement goal of keeping warming well below 2 degrees Celsius (3.6 Fahrenheit) above pre-industrial levels.
While 149 countries have such targets, up from 124 in late 2020, the number of publicly listed corporations aiming for net zero increased from 417 to 929, according to the Net Zero Stocktake report compiled by experts from four independent research organizations.
The Advertising Standards Authority (ASA) said on its website it scrutinised advertisements that featured details of Shell's renewable power business, electric vehicle charging and the slogan: "The UK is READY for cleaner energy," followed by the Shell logo.
"We should never get confused by discontinuities in the market or blips - no matter how important and dramatic such as in the case of the impact of the Ukrainian war - with the long-term trends," he said in an interview.
Some companies, including Exxon Mobil Corp, have been dumping assets in the Gulf, the nation's primary offshore source of oil, and are instead targeting capturing and storing carbon dioxide and other greenhouse gases underground.
Brazil's government has said the tax, which charges 9.2% on the value of oil exports for four months as of March 1, is a way to offset revenue losses stemming from a decision to partially maintain a tax exemption on motor fuels.
The company posted an annual net profit of 4.25 billion euros ($4.55 billion), up from 2.5 billion in 2021, despite "a year marked by uncertainty, volatility, and complex market dynamics due to the invasion of Ukraine."
Peru said more than 700,000 people were affected by the spill which forced the closure of 20 beaches and dozens of tourism businesses.
Petroecuador said in a statement it "assumes operation" of blocks 16 and 67 after Repsol's contracts for exploration and exploitation ended on December 31.
Asterion's 7.7 gigawatt portfolio, managed for European infrastructure fund Asterion Industrial, includes 4.900 GW of photovoltaic solar and 2.8 GW of wind generation, of which 2.5 GW are at an advanced stage of development or under construction, Repsol said.