FIEE SGR has launched its second fund – the Italian Energy Efficiency Fund II (FIEE II) – with a first close of €127.5m.
Read More »Eni Announces Oil Discovery in Egypt’s Western Desert
Eni announced the successful drilling of the SWM-A-6X well, in the South West Meleiha development and exploration concession located in the Egyptian Western Desert, some 130 km North of the of Siwa Oasis. The new well has been drilled close to existing production facilities and is already connected to the …
Read More »Covid-19 Is Reshaping Oil Industry
Eni SpA became the latest oil company to cut its long-term price assumptions, saying the coronavirus pandemic would have a lasting impact on the industry. Eni now sees benchmark Brent crude at $60 a barrel in 2023 real terms, down from a previous estimate of $70, the company said late …
Read More »Italian Eni Mulls Exit from Pakistan after 20 Years
ENI, the Italian oil and exploration firm, is considering an exit from Pakistan after 20 years of its operations due to decline in profit margins associated with the volatile international oil prices since the coronavirus outbreak. A company official confirmed to The Express Tribune that the firm’s assets are up …
Read More »Italy’s ENI Reaffirms Commitment to a Just Energy Transition
Italian energy major ENI published on May 13 the company’s sustainability report that describes its commitments in its Long-Term Strategic Plan to 2050, which combines financial, environmental and social sustainability. “The historical moment we are going through poses complex challenges on our path, but we are certain that these difficulties …
Read More »Engie Italy Offers Free Electricity to 93 Hospitals
It will provide six months of free energy to hospitals in Italy that wish to expand to fight Covid-19.
Read More »Eni Targets Oil Output Peak in Clean Energy Drive
Eni is aiming to cut its greenhouse gas emissions by 80% by 2050 in absolute terms.
Read More »Immunity of Central Bank of Iran in Italy
An Italian court rejected a lawsuit filed by American plaintiffs over seizure of the bank’s assets in the country worth $5.99 billion. declaring.
Read More »Green Gas Trial in Italy Doubles Level of Hydrogen in Mix to 10%
Snam previously experimentally introduced hydrogen into its natural gas transmission network in Contursi Terme. Salerno. at a level of 5%.
Read More »EU Bank Backs EV Charging Network Expansion with €25m Loan
Be Charge. a subsidiary of Be Power Group. has set a goal of installing a total of 30.000 charging points across Italy.
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