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Germany exploring trilateral gas solidarity deal with Italy, Switzerland

Germany is exploring a trilateral solidarity agreement with Italy and Switzerland to provide mutual support in the event of an extreme gas shortage, the economy ministry said on Tuesday.

read more... 19/01/2023

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Eni's Vaar Energi makes Arctic gas discovery

Norway's Vaar Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area.

read more... 26/12/2022

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Gas discovery off Cyprus by Eni and Total gives Europe more options

A consortium of Italy’s Eni and France’s TotalEnergies has found more natural gas off Cyprus, boosting Europe’s hopes for a clean break from Russian gas.

read more... 22/12/2022

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EU at odds over gas price cap as 12 countries criticise latest proposal

A dozen countries including Belgium, Italy, Poland and Slovenia have made a push to "significantly" lower a planned European Union cap on gas prices, as the bloc struggles to strike a deal on the measure.

read more... 12/12/2022

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Italy Expects To Raise $4.2 Billion From Windfall Tax And Power Price Cap

The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity produced by coal, fuel oil, or renewable power generation, officials at the central bank, Bank of Italy, said on Monday.

read more... 07/12/2022

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