Eni has introduced a GHG recording system that ensures a complete, accurate and transparent tally of greenhouse gas emissions that is certified by third parties and in line with best practices adopted by the Oil & Gas sector. Eni participates in the European Emissions Trading system with 60 plants, including 56 in Italy and 4 abroad.
GHG emissions decreased by 8% compared to 2007, a significant achievement considering that hydrocarbon production increased by 3.5%. In particular, the Exploration & Production sector, which accounts for approximately 50% of Eni's emissions, decreased emissions by 5% compared to 2007 by reducing gas flaring, even considering new acquisitions in the Gulf of Mexico, Congo and Turkmenistan and production increases in Angola, Congo, Egypt, Pakistan and Venezuela.
The emissions decreases in the refining and thermoelectric sectors are in part due to lower levels of production in 2008. Emissions indexes in all key sectors indicate a flat or declining trend over the last five years, the result of measures aimed at implementing carbon management strategies.
Glossary
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Last updated on 02/04/09