Italian Energy Company Eni Picks SLB For Global Methane Emissions Reporting Project
Portfolio Pulse from Akanksha Bakshi
Schlumberger (NYSE:SLB) has been selected by Eni S.p.A. (NYSE:E) to develop plans for measuring and reporting fugitive methane emissions at global facilities. The project aligns with the United Nations' Oil & Gas Methane Partnership 2.0 (OGMP 2.0) reporting standards. Schlumberger will use its End-to-end Emissions Solutions business (SEES) to deliver precise measurement and reporting plans for Eni.
October 30, 2023 | 3:00 pm
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POSITIVE IMPACT
Eni has selected Schlumberger to develop plans for measuring and reporting methane emissions at its global facilities. This could improve Eni's environmental transparency and accountability.
The partnership with Schlumberger could improve Eni's environmental transparency and accountability, potentially attracting more investors who prioritize sustainability. The stock price is currently up by 1.23%.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Schlumberger has been chosen by Eni to develop comprehensive plans for measuring and reporting methane emissions. This could enhance Schlumberger's reputation in environmental responsibility.
The partnership with Eni could enhance Schlumberger's reputation in environmental responsibility, potentially attracting more clients and investors who prioritize sustainability. However, the stock price is currently down by 0.57%.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100