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Transition Pathway Initiative backed by investors boasting $19tr of capital welcomes stronger climate pledges from leading oil firms, but warns sector is still a long way from delivering adequate decarbonisation plans

Influential think tank argues governments could soon be forced into an abrupt net zero policy shift that would threaten value of oil assets

Italian oil and gas giant to collaborate with global wind and solar developer on clean energy projects in the UK, as well as Africa and Southeast Asia

Italian oil major to invest in major forestry projects in Africa and scale up renewables capacity, but still plans to increase fossil fuel production