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flag Eni is selling nearly half of its carbon capture business to BlackRock's GIP fund, focusing more on oil and gas.

flag Italian energy giant Eni is in exclusive talks with BlackRock's infrastructure fund, GIP, to sell nearly half of its carbon capture and storage business. flag The deal aims to attract investment for projects in the UK, Netherlands, and Italy, while Eni focuses on core oil and gas operations. flag This move aligns with Eni's strategy to finance low-carbon initiatives and expand in renewable energy sectors.

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