US EditionUK, Italy's Eni unveil deal on carbon capture project
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5 Articles
State-owned companies Gasunie and Energie Beheer Nederland (EBN) are taking on the entire investment in a pipeline for the CO2 storage project Aramis. This means that two co-initiators of the storage project, energy companies TotalEnergies and Shell, are largely withdrawing from the pipeline system.
Carbon capture and storage project to safeguard 350,000 manufacturing jobs
Energy company Eni has reached financial close on a major deal with the UK Department of Energy Security and Net Zero (DESNZ) which will see them award around £2 billion in supply chain contracts for their Liverpool Bay Carbon Capture and Storage Project. The project’s backers say that it will make regional industry more climate friendly, and help safeguard the 350,000 manufacturing jobs in the region. Some £17 billion of economic value will b…
London injects billions into CO2 storage. With Eni, the UK wants to make the Irish Sea a carbon reservoir. Behind the announcement, an industrial and energy equation far from being neutral. On paper, it's clean, clean, ambitious: 10 million tons of CO2 stored each year under the Irish Sea. What can erase the carbon footprint of 4 million cars. But behind the figures, it's all an energy model that is at stake. And an industrial bet to several bil…
UK, Italy's Eni unveil deal on carbon capture project
London (AFP) April 24, 2025 The UK government and Italian energy company Eni Thursday announced a deal to create a major carbon capture and storage network to store millions of tonnes of CO2 beneath the Irish Sea. Prime Minister Keir Starmer set out the deal at an energy summit in London. "Earlier today, we finalised a deal with Eni, it will see them award GBP2 billion ($2.6 billion) in supply chain contracts for the
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