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EU sets out green industry deal to take on U.S. and China

The European Commission on Wednesday proposed allowing increased levels of state aid so that Europe can compete with the United States as a manufacturing hub for electric vehicles and other green products and reduce its dependence on China.

read more... 02/02/2023

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Libya's oil ministry rejects key NOC-Eni gas deal

Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, saying the agreement violates the law and was done without its approval.

read more... 31/01/2023

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Italy's Eni signs $8 billion Libya gas deal as PM Meloni visits Tripoli

Italian energy company Eni and Libya's National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.

read more... 30/01/2023

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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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Bulgaria, Greece launch oil pipeline, gas storage projects

Two documents on boosting energy cooperation between Bulgaria and Greece, involving a commitment to build a new pipeline at neck-breaking speed and gas storage deal, were approved by the Bulgarian interim government on Wednesday.

read more... 05/01/2023

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