Highlights Daily timing, temperature controls Russian gas supply down 40% September gas demand down 24% Italy has trimmed 15 days from its Winter 2022/23 domestic heating season as part of Continue Reading
Russian gas supplies to Italy via Austria resumed, bringing some temporary relief to gas prices in Europe. Gazprom PJSC said it has found a solution with Italian buyers to overcome Continue Reading
Eni SpA is working with Gazprom PJSC and Austria to restore Russian natural gas flows to Italy after supplies were halted on Saturday in an apparent scuffle over regulation. The Continue Reading
Gazprom says ‘not possible to supply gas to Eni on Oct 1 Flows into Tarvisio had averaged 15 mil cu m/d in September Marks latest disruption to Russian gas flows Continue Reading
In the weeks after Russia’s invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni (ENI.MI) , embarked on a whirlwind of trips to gas suppliers Continue Reading
Italian Eni has vowed to fully replace Russian gas by 2025 thanks to major developing LNG projects from Africa to the Middle East and major discoveries in the Eastern Mediterranean. Continue Reading
Italy will fast track the permitting process to set up a new regasification vessel aimed at expanding the country’s capacity to import liquefied natural gas (LNG) in an effort to Continue Reading
The ENI SpA headquarters office building seen through trees in Rome. Russia’s Gazprom PJSC will further cut gas supplies to Italy by about one third, the country’s energy giant Eni Continue Reading
Italy’s Cabinet declared a state of emergency in five regions that have been heavily hit by drought, according to a government statement. View full article at www.bloomberg.com
The worst drought Italy has faced in 70 years is thirsting paddy fields in the river Po valley and jeopardizing the harvest of the premium rice used for risotto. Italy’s Continue Reading
Italy’s dependence on Russia for imported gas has decreased to 25% from 40% last year, Prime Minister Mario Draghi said on Friday following a summit of European Union leaders where Continue Reading
Russia’s Gazprom (GAZP.MM) has told Italy’s Eni (ENI.MI) that it would deliver similar gas supplies on Sunday to those it sent in recent days, Eni said in a statement, signalling Continue Reading
Russia’s Gazprom (GAZP.MM) has told Italy’s Eni (ENI.MI) that it would deliver similar gas supplies on Sunday to those it sent in recent days, Eni said in a statement, signalling Continue Reading
Italy may declare a heightened “state of alert” on gas next week if Russia continues to curb its supplies, two government sources said on Friday after energy company Eni (ENI.MI) Continue Reading
Italy has become the latest of a host of European countries to report further cuts in its Russian gas supply. Italian energy giant Eni said it would receive only half Continue Reading
taly and Hungary have urged the EU to call explicitly for a ceasefire in Ukraine and peace talks with Russia, putting themselves at odds with other member states determined to Continue Reading
The European Union is considering the idea of a construction of an offshore gas pipeline between Spain and the Italian coast in Tuscany to reduce the EU’s reliance on Russian Continue Reading
Italy is set to unveil a new stimulus package on Monday worth up to 7 billion euros ($7.35 billion) to curb surging energy prices and help companies cope with the Continue Reading
Algeria is set to boost its natural gas exports to Italy by almost 50% with a new deal due to be signed Monday, people familiar with the matter said. The Continue Reading
Eni and Sonatrach CEOs have met with the Algerian Prime Minister. Eni and Sonatrach CEOs have met with the Algerian Prime Minister as part of initiatives set to strengthen the Continue Reading
Residential housing in the village of Montieri, Italy. Italian inflation surged to the highest in three decades as energy prices continued to rise following Russia’s invasion of Ukraine. Prices increased Continue Reading
Source: Enel SpA Enel SpA , Italy’s largest utility, will exit from its Russia operations in a matter of months, Chief Executive Officer Francesco Starace said on Monday. “We are Continue Reading
Italian fishing boats will stay in ports this week due to a national strike over high fuel costs that are threatening supplies across the country. “There is a grave concern Continue Reading
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy projects, even absent Continue Reading
Italy made vaccination compulsory for people over 50 and further reduced what the unvaccinated can do in its latest bid to fight the surge in Covid-19 cases. The decision came Continue Reading
Health experts urged the Italian government on Monday to relax COVID-19 quarantine rules, saying that the country otherwise risked paralysis as the highly infectious Omicron variant spreads. Under current rules, Continue Reading
Italian energy company Eni (ENI.MI) is ready to invest more in a nuclear fusion project it feels could be a game-changer in the race to produce limitless clean electricity to Continue Reading
An intense complex of thunderstorms stalled over northwestern Italy on Monday, unleashing a 12-hour torrent unrivaled in the history of European weather observations. It’s the latest extreme rain event supercharged Continue Reading
Private and public sector workers must have health pass Draghi looks to boost vaccinations, blunt virus Italy becomes a test case for rest of Europe Minister says move puts country Continue Reading
Italy will introduce short-term measures to offset the expected rise in retail power prices and is working on a longer-term reform of power bills, energy transition minister Roberto Cingolani said Continue Reading
Eni (ENI.MI) has agreed to buy one of the largest onshore wind portfolios in Italy from fund manager Glennmont Partners as part of plans to expand its green energy business. Continue Reading
Luxury fashion boutiques, jewelry shops and most of Milan’s flagship department stores were shuttered Friday, as the center of Italy’s vibrant financial capital fell into a gray quiet on the Continue Reading
Italy is to shut discos and clubs and make it compulsory to wear a mask outdoors in some areas during the night-time in the first reimposition of restrictions as cases Continue Reading
A prosecutor in Milan asked for eight years of jail time for Eni SpA Chief Executive Officer Claudio Descalzi over an allegedly corrupt $1.1 billion Nigerian oil deal. The court should reach Continue Reading
You can’t get much more of a “worse case scenario” in auto sales than watching numbers plunge an astounding 98%. But that’s exactly what has happened with new car sales Continue Reading
We came to the conclusion that the future is a separate line of business when perusing the graphically flashy 2019 annual report issued by Enel S.p.A. the Rome-based energy company. Continue Reading
Eni SpA reported a 94% drop in first-quarter profit and cut its production forecast for the year as demand is crushed by the coronavirus pandemic. While the large decline in earnings Continue Reading
Persistently high levels of coronavirus cases in Milan are complicating Prime Minister Giuseppe Conte’s plans to restart the Italian economy. Even as growth in new cases nationally has slowed in recent Continue Reading
The Italian government is planning to extend its lockdown to contain the country’s COVID-19 outbreak until May 3, two trade union sources told Reuters on Thursday after meeting ministers. The Continue Reading
In the town of Coccaglio, an hour’s drive east of here, the local nursing home lost over a third of its residents in March. None of the 24 people who Continue Reading
The death toll from an outbreak of coronavirus in Italy has surged by 919 to 9,134, the Civil Protection Agency said on Friday, easily the highest daily tally since the Continue Reading
Italy has become the first western developed nation to idle most of its industry to halt the spread of the coronavirus, a potential cautionary tale for other governments, such as Continue Reading
The number of coronavirus cases in Italy is probably 10 times higher than the official tally, the head of the agency collating the data said on Tuesday as the government Continue Reading
Italy’s death toll from coronavirus overtook that of China, where the virus first emerged, on Thursday as hospitals said they were being overwhelmed and the government prepared to prolong emergency Continue Reading
The Italian government threatened on Wednesday to ban all outdoor exercise as the coronavirus death toll soared to 2,978 and frustration grew over the number of people defying a nationwide Continue Reading
As the official death toll from Italy’s coronavirus outbreak passes 2,500, a silent surge in fatalities in nursing homes, where dozens of patients a day are dying untested for the Continue Reading
First, it happened in China. Now, Italy. The coronavirus struck hard, and authorities responded with sweeping interventions to keep people from spreading the disease further. As citizens hunkered down at home, Continue Reading
Emergency doctors in Italy, the European epicentre of the coronavirus pandemic, were this week given guidance on “catastrophe medicine”. As the number of patients requiring intensive care balloons and hospitals Continue Reading
Italy’s Eni expects its oil production to start declining after 2025 under its new long-term strategy to rely on natural gas, renewables, and new technologies to cut net greenhouse gas Continue Reading
Highlights Sees gas making up about 85% of total production in 2050 Eni targets 80% cut in net GHG emissions by 2050 To convert all Italian refineries to biorefining sites Continue Reading
