Rice fields dry up as Italy’s drought lingers on
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 Russian gas down to 25% from 40%, Draghi says
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
Italy’s Eni signals fifth daily shortfall of Russian gas supplies
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’s Eni signals fifth daily shortfall of Russian gas supplies
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 weighing state of alert amid Russian gas supplies squeeze
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’s Eni says Russian gas supply cut by half
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
EU cracks widen over Ukraine as Italy, Hungary urge truce
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
EU Studies Spain-Italy Gas Pipeline To Cut Russian Dependence
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 readies $7 billion package to curb energy prices, help firms
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 to Expand Natural Gas Exports to Italy by Almost Half
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 CEO Meets Sonatrach Head To Strengthen Algerian Ties
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
Italian Inflation Surges to 7% on Energy Prices Stoked by War
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
Italy’s Enel Prepares to Exit Russia Within Months, CEO Says
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
Italy Fishing Boats Strike Over Fuel Costs Threatening Supplies
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 Halts Funding For $21 Billion Arctic LNG 2 Project
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 to Require Covid Shots for Those Over 50 to Blunt Record Cases
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 say Italy faces paralysis under quarantine rules
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
Eni ready to spend more on nuclear fusion in green drive
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
Deluge in Italy sets European record
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
Italy makes COVID health pass mandatory for all workers
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 working on measures to curb power prices – minister
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 to buy Italian wind portfolio from Glennmont in green drive
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
Italy shuts down 4 regions as Europe tries lighter lockdowns
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 closes nightclubs as coronavirus cases rise among young
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
Prosecutor Seeks 8 Years Jail for Eni CEO on Bribe Charge
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
Italian Car Sales Plunged 98% In April
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
Is This The Most Innovative Power Company In The World?
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 Reports 94% Slump in Profit, Cuts Production Forecast
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
Italy Coronavirus News: Milan Virus Cases Threaten Lockdown Plan
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
Italy planning to extend coronavirus lockdown until May 3: union sources
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
Italy’s Coronavirus Death Toll Is Far Higher Than Reported
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
Italy coronavirus deaths rise by 919, highest daily tally since start of outbreak
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
In drastic move, Italy shuts most factories to halt virus
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
Italian coronavirus cases seen “10 times higher” than official tally
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 passes China’s coronavirus death toll, prepares to extend lockdown
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
Italy threatens to ban outdoor exercise as coronavirus deaths surge
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
Uncounted among coronavirus victims, deaths sweep through Italy’s nursing homes
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
Pollution is plummeting in Italy in the wake of coronavirus, emissions data show
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
Italy wonders where Europe’s solidarity is as coronavirus strains show
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
This Oil Major Expects Its Oil Production To Peak In 2025
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
Eni plans oil, gas production ‘plateau’ in 2025 under energy ‘evolution’
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
Eni says Italian plants unaffected by coronavirus after staff sent home
Italian oil major Eni continues to operate its domestic refineries and power plants in northern Italy normally, a company spokesman said Thursday, despite sending home staff at its headquarters in Continue Reading
Fiat-Chrysler mulls closing European plant on parts shortage due to coronavirus disruptions
Fiat-Chrysler (FCA) on Friday warned one of its European plants could be forced to halt production in the coming weeks if the coronavirus outbreak continues to affect the capacity of Continue Reading
Venice canals almost dry, two months after severe floods
Low tides have left canals in Venice almost dry, just two months after severe flooding left much of the Italian city under water. Boats have been seen almost beached as water Continue Reading
Russia and Italy call for peaceful solution to Libya crisis
Russian President Vladimir Putin and Italian Prime Minister Giuseppe Conte agreed on Thursday that the situation in Libya must be resolved in a peaceful way, the Kremlin said. In a Continue Reading
Flood Strikes Venice Council Moments After It Rejects Climate Change Measures
The Veneto regional council that decides policies for Venice was struck by a flood just minutes after the majority of the council members rejected a plan for tackling climate change Continue Reading
Exclusive: Italy to make climate change study compulsory in schools
Italy will next year become the world’s first country to make it compulsory for schoolchildren to study climate change and sustainable development, Education Minister Lorenzo Fioramonti said. Italy’s Education Minister Continue Reading
Can a derivative turn Europe’s green energy dream into virtual reality?
Italy’s Ferrero is famous for its red-and-white Kinder chocolate eggs. But soon it may hope to be able to slap more green on the wrapper. The confectionery giant, which runs Continue Reading
Middle East Gas Game Accelerates As ENI Wins Concessions
Italian oil and gas major ENI has left other international oil majors behind as it has been awarded a long-range of new concession agreements with Abu Dhabi’s national oil company Continue Reading
Italy Looks To Block Oil, Gas Exploration Permits
Italy plans to suspend the issuing of 36 pending oil and gas exploration permits, as the government finds upstream oil and gas activity not of strategic importance to the country. Continue Reading