The Italian Ministry of Economic Development (UNMIG) greenlighted Italian oil producer Saffron Energy to start gas production at the Bezzecca gas field on 11 April 2017. Commissioning and gas production will commence in the coming days.
read more... 12/04/2017
The governments of Italy, Israel, Greece and Cyprus agreed to move ahead with the world’s longest undersea gas pipeline from the eastern Mediterranean to southern Europe, backed by the European Union.
read more... 05/04/2017
The Trans Adriatic Pipeline (TAP), the final piece of the $40 billion Southern Gas Corridor which will transport Caspian natural gas to Europe, received the green light from one of the top Italian courts despite appeals by local authorities in southern Italy who wanted to move the landfall.
read more... 28/03/2017
France's Total, Italy's Eni, Exxon Mobil and Qatar Petroleum received the green light from Cyprus's lawmakers to explore for oil and gas the offshore areas south of the island.
read more... 20/03/2017
Egypt's state-controlled Egypt Natural Gas Holding (EGAS) has inked a $86 million deal with Italy's Edison for natural gas and oil exploration in the Mediterranean, as stated by the Egyptian Petroleum Ministry on Thursday.
read more... 06/01/2017