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The European Commission has chosen the Ravenna CCS Phase 2 project, supported by Eni, for funding.

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Eni's Ravenna carbon-storage project was selected for European Commission funding, supporting a stated part of its energy-transition plan. The amount and timeline were not reported, so the scale of the benefit is unknown.

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The selection could help Eni advance carbon storage, which the story calls an important part of its energy-transition plans. The report gives no funding amount or schedule, so the scale of the help is unknown.

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