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Oil and gas production in Italy estimated to increase in 2010

Italy, the country depending very much on oil and gas imports due to insufficient natural resources, expects its domestic hydrocarbons production to increase this year, according to Industry Ministry Undersecretary Stefano Saglia on Thursday.

read more... 14/06/2010

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New EU package adopted on the sustainability criteria of biofuels

The European Commission adopted two Communications and a Decision June 10, encouraging industries, governments and NGOs to set up certification schemes on the sustainability criteria of biofuels, including the imported ones in the EU, as to aid reach the EU target in a sustainable way, the one of getting 20% of renewable energy from total energy consumption.

read more... 11/06/2010

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Norwegian gas not flowing to UK

One of the major Norwegian pipelines, Langeled, is down because of a planned maintenance. The pipeline is a very important artery that ships natural gas to the UK market.

read more... 26/05/2010

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Eni’s stake in GreenStream pipeline cut to 50%

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.

read more... 25/05/2010

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Total and ERG merger is approved by EU

French most important oil company Total and its Italian counterpart ERG Petroleum, had received UE’s permission for their merger in refining and marketing fields, which will take place in Italy.

read more... 24/05/2010

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