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Terna to invest $21 billion in Italian grid for energy transition

Italy’s Terna has pledged to invest a record 18.1 billion euros ($21 billion) in the country’s power grid over the next 10 years to meet the demands of the energy transition and economic recovery.

read more... 08/07/2021

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Italy aims to generate over $1.2B in investments for gigafactory

Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric-car battery factory with automaker Stellantis expected to play a leading role, three government sources told Reuters.

read more... 11/06/2021

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Italy's Enel ramps up spending to drive green ambitions

Europe's biggest utility Enel bumped up spending on its green energy and networks businesses in the first quarter as it seeks to accelerate efforts to cut its carbon footprint.

read more... 07/05/2021

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Italy’s April gas imports hit long-term high

Aggregate deliveries — combining pipeline gas and LNG sendout — of 233.6mn m³/d were the highest for any month since February 2012, when they had hit 259.8mn m³/d.

read more... 06/05/2021

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Daily (05.05.2021): Oil prices gained 2% on Tuesday, following a lift on travel restrictions in Europe

Crude oil prices strengthened on Tuesday, on the back of prospects for activity and travel resumption in several European countries, particularly France and Italy. As such, Brent oil increased by 2% to $68.88 a barrel and WTI crude rose by 1.9% to $65.69 a barrel.

read more... 05/05/2021

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