Making improvements to existing plants and building new facilities that employ water already used for hydropower generation are the two ways in which hydroelectricity will develop in Italy, according to Enel Green Power's Head for Europe Roberto De Ambrogio .
Russian oil giant Rosneft has signed an agreement to buy 50% in the holding company which owns 26.19% in Italy’s Pirelli, from a consortium of UniCredit Bank, Bank Intesam, and Clessidra fund, ITAR-TASS reported on May 26.
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Claudio Descalzi, Chief Operating Officer of Eni took place today within the St. Petersburg International Economic Forum 2014.
Italian energy group Enel has submitted three applications to search for oil in three different areas of Greece, Independent Balkan News Agency reported on April 23.
Snam, one of Europe's biggest gas transport groups, has agreed to buy a majority stake in the TAG gas pipeline carrying Russian gas into Italy as part of its drive to integrate Europe's patchwork of gas grids, Reuters reported on March 19.
Rosneft has reached an agreement with international consortium composed of Unicredit Bank, Intesa Banking Group, and Clessidra Fund for purchase of 50% share of the company holding 26.19% of Pirelli & C. S.p.A. stake.
Italy’s Saipem S.p.A. will build a 2 billion euro sea segment of the first line of the South Stream pipeline led by Russia’s Gazprom, Gazprom said in a statement on March 14, Prime has reported.
Italian energy company Eni said on February 13 it made a "significant" discovery of oil and natural gas while drilling off the coast of Congo.
The Turkmennebit (Turkmenoil) state concern plans to sign a contract with ProBusiness S.r.l. (Italy), a message from Turkmen Ministry of Oil and Gas Industry and Mineral Resources said on January 2, the Azerbaijani news agency Trend reported on January 5.
Lukoil said on December 31 that it finalized a transaction to purchase the remaining 20-percent share in the joint venture running the ISAB refinery, located in the vicinity of Priolo (Sicily), from the Italian ERG.