Latest news
Eni makes a milestone gas discovery in the Egyptian offshore
Italian energy group Eni has made a milestone gas discovery off the coast of Egypt, the largest ever found in the Mediterranean Sea and which could provide a much-needed boost for the country’s economy.
read more... 02/09/2015
Egypt: Mediterranean gas exploration tender prolonged by two months
Egypt has prolonged its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, as stated by the state gas board on Tuesday, since the country wants to increase domestic energy production.
read more... 27/05/2015
Chinese State Grid mulls Mediterranean power network
The European Commission’s dream to continental power grids which could be able to function in unison could soon become true, as State Grid Corporation of China, the world's largest utility by revenues, has acquired minority stakes in Portuguese and Italian grid operators and is equally envisaging buying stakes in Greece and Spain.
read more... 11/08/2014
Daily: British gas prices near winter lows amid weak demand, ample supplies
Brent crude oil registered a slight increase, buoyed by supply concerns in Middle East, as the Syrian civil war has impeded development of Iraq's oil and gas reserves and a key pipeline to the Mediterranean has exploded dozens of times. Brent oil increased 44 cents to settle at $107.85 per barrel.
read more... 30/01/2014
The GHG emissions of Italian companies lower than ever
According to a report offered by Ecoway, the first Italian operator active in the management and in trading of commodity CO2, affirms that last year CO2 emissions were at their lowest level since 2005, the year of entry into effect of the limits imposed by Brussels, arriving at 164 million tons in comparison to 2005 levels, when they amounted to 225 million tons. This result is due to the recession and the economic crisis which has seriously affected the Mediterranean country.
read more... 25/06/2013