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
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 (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
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
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
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
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
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
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 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
Italy’s Eni said Thursday it will buy the rights of all of the Oooguruk oil field in shallow waters offshore Alaska and become its operator because its proximity to the Continue Reading
Violent thunderstorms, small tornadoes that blew roofs off homes, and winds equivalent to a Category 3 hurricane lashed Italy from Piedmont to Sicily early this week, leaving at least 11 Continue Reading
Italian oil major Eni cut its full-year production growth target Friday after failing to grow its upstream volumes during the third quarter due to lower-than-expected flows of natural gas. Receive Continue Reading
Italian energy company Eni said Friday it was expecting a 4 percent increase in oil and gas production from 2017 driven by gains across its entire portfolio. Assuming the price Continue Reading
Italy’s imports of U.S. crude oil vaulted to a record in June after attacks by armed groups shuttered two major Libyan oil ports and cut off most deliveries from the Continue Reading
Italy’s oil major Eni will announce by the end of this year binding commitments to become carbon neutral, its chief executive Claudio Descalzi said on Monday, in what would be Continue Reading
Italian energy company Eni said it would be cash neutral so long as oil prices hold above $55 per barrel, boasting its own net production was up from last year. Continue Reading
Italian oil major Eni hiked its dividend on Friday and held out the prospect of a share buyback after promising higher growth in production and more cash. The logo of Continue Reading
The Italian oil major Eni will discuss sanctions against Russia with authorities in the European Union and the United States to gain clarity on the economic rivalry forming between President Continue Reading
The Arctic storm dubbed the “Beast from the East” saw temperatures across much of Europe fall Monday to their lowest level this winter and even brought a rare snowstorm to Continue Reading
German energy company E.ON starts construction on its eleventh wind farm in Italy. Photo courtesy of E.ON Feb. 19 (UPI) — In what would be its eleventh such project to Continue Reading
Italian energy company Eni said Friday its production level in December reached an all-time high, attributing much of its gain to offshore Egypt. Eni reported December production of 1.92 million Continue Reading
Italian oil and gas group Eni said on Wednesday afternoon that it was carrying out exploratory drilling in the Black Sea in a Rosneft-led offshore project – while ensuring its Continue Reading
It’s been a busy week for Eni. The Italian oil giant started production at the largest natural gas field in the Eastern Mediterranean. But Eni’s CEO also just found out Continue Reading
Italian energy company Eni said Tuesday the results of a well off the coast of Mexico meant it could raise its oil reserve estimate by more than 40 percent. The Continue Reading
Letting a foreign energy company drill into the Arctic areas of Alaska is a twin insult from the Trump administration, an advocacy group said. The U.S. Bureau of Safety and Continue Reading
Italy’s government unveiled on Friday a new national energy strategy aiming to phase out coal in electricity generation by 2025, and significantly boost the share of renewables in total energy Continue Reading
Iranian oil and gas companies said they’ve signed agreements with an Italian power company to capture flared gas at one of the world’s largest natural fields. Pars Oil and Gas Continue Reading
The Vatican says it is shutting off all its fountains, including those in St. Peter’s Square, because of Italy’s drought. Vatican Radio on Monday said the decision is linked with Continue Reading
Italian energy company Eni said it managed to turn a corner after trimming investments last year to turn in its first quarterly profit in more than a year. “The 2016 Continue Reading
Italian prosecutors are pursuing a criminal trial for Royal Dutch Shell PLC and the chief executive of Italian oil company Eni SpA on charges of corruption tied to a controversial Continue Reading
The Trans-Adriatic Pipeline is a key element of Azerbaijan’s efforts to export its greatest source of wealth, its Caspian Sea natural gas deposits, to European markets. It is also a Continue Reading
Italy is now the second biggest buyer of Russian gas in Europe — overtaking Turkey — the head of Gazprom said Wednesday. CEO Alexei Miller said Italian demand for Russian Continue Reading
Iran’s deputy oil minister claimed a deal was made with an Italian refining company for the delivery of around 65,000 barrels of oil per day. Rokneddin Javadi, chief of the Continue Reading
