Eni and Fiat Chrysler Automobiles (FCA) are collaborating on new projects to help drive down carbon emissions caused by road vehicles.
The Italian energy and automotive giants signed a groundbreaking agreement this week in the presence of the country's Prime Minister Paolo Gentiloni.
Renewing their joint commitment to a low carbon future, the two companies are promising to explore the use of gas in transport and the temporary storage of C02 from internal combustion engines.
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They are also conducting tests on 'green diesel', a form of fuel that includes a higher concentration of vegetable oil and could be used without any modfication to a standard diesel engine.
"It is a strategic path for Eni and signifies our commitments in a number of areas," said its Chief Executive Claudio Descalzi.
"We will push our innovative projects with FCA forward, aiming to make a significant contribution in terms of emissions reduction in the short term, as well as ambitious, though realistic, future objectives."
FCA's chief executive Sergio Marchionne added: "Our collaboration with Eni marks a big step forward. I am delighted that we can also count on the support of the Italian government.
"This is a shared goal that reflects a sense of responsibility and a commitment to the world we want to leave to future generations."