Eni’s stake in GreenStream pipeline cut to 50%

25/05/2010 15:54 Natural Gas


The oil and gas most important company in Italy, Eni, has decided to cut its participation from 75% to 50% in the company GreenStream BV which manages a pipeline transporting gas from Libya to Italy, according to the officials of both societies.

GreenStream declared that its shareholders established a new agreement fixing joint shares between Eni North Africa BV (50%) and National Oil Corporation NOC (50%), an agreement started on 27 April 2010.

Portugal on track to become coal-free by year end

15/01/2021 08:50:00

The Sines coal plant in Portugal went offline at midnight yesterday evening (14 January), leaving Portugal with just one remaining coal power station in operation, which is scheduled for closure in November.


Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage

15/01/2021 08:44:00

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.


Nord Stream 2 postpones resumption of pipeline construction

15/01/2021 08:38:00

The Russia-led Nord Stream 2 consortium will not yet resume the work to complete the subsea gas pipeline to Germany on Friday, daily Handelsblatt reported, citing a spokesman.