Eni and SOCAR Sign MoUs on Biofuels and Emission Reduction

Eni SpA (E) , Italy's leading oil and gas company, and Azerbaijan's state energy company, SOCAR, have signed three pivotal Memorandums of Understanding ("MoU"). These agreements are aimed at advancing energy security, cutting greenhouse gas emissions and bolstering the biofuel production chain. The agreements were finalized during the visit of Ilham Aliyev, president of the Republic of Azerbaijan. The first MoU emphasizes Eni and SOCAR's expanded cooperation in hydrocarbon exploration and production. This c ...