Italian oil and gas company Eni managed to cut its losses in the fourth quarter of 2020 as its production dropped by 11 per cent year-over-year.
Wallenius Wilhelmsen is testing biofuel on one of its vessels as part of its efforts to research the potential of alternative fuels to cut CO2 emissions. The company believes using biofuels could be a good solution to power existing fleets and reduce emissions in the short-term until a net-zero tech
