Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

In this list
Agriculture | Coal | Oil

Italy's Eni fined Eur5 mil for Green Diesel advertising breach

Commodities | Electricity | Energy | Nuclear | Energy Transition | Natural Gas | Oil | Crude Oil | Refined Products | Metals | Steel | Petrochemicals

Market Movers Europe, Feb 22-26: Platts London Energy Forum and IP Week at the fore


Platts Market Data – Oil

Oil | Crude Oil | Coronavirus | Energy Transition | Macroeconomics

37th Asia Pacific Petroleum (APPEC 2021)

Coal | Emissions | Electric Power | Renewables | Oil | Crude Oil | Petrochemicals

Analysis: Reliance's move to spin off oil may have cleared decks for Saudi Aramco deal


Insight from Moscow: Russia's strong economic position among OPEC+ members underpins its negotiating power

Italy's Eni fined Eur5 mil for Green Diesel advertising breach

New York — The Italian Competition and Market authority Wednesday fined Italian oil major Eni Eur5 million ($5.6 million) over misleading claims in the advertising of "Green Diesel."

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

In a statement, the authority said the misleading claims about the environmental benefits of Eni Diesel+ derived from its renewable component, hydrotreated vegetable oil, called Green Diesel by Eni. However, these claims are unfounded. Given that Eni Diesel+ is a petroleum-based fuel it cannot be considered "green," it added.

Eni Diesel + contains 15% HVO made from virgin vegetable oils as well wastes and residues such as used cooking oil. Eni has two HVO plants one in Porto Maghera and another in Gela.

The authority also said "some of the touted characteristics of the product, relating to the reduction of emissions by up to 40%, CO 2 emissions by 5% on average, and consumption up to 4%, were not confirmed by the preliminary findings."

During the investigation, "Eni halted the press campaign and undertook to stop using the word 'green' with reference to automotive fuels," the authority said.

Eni did not respond to a request for comment.