Latest news
Italy’s Edison to be delisted from the Milan stock exchange
French power giant EDF is now the new absolute owner of Italy’s second biggest energy provider Edison group, acquiring a stake of about 98%. In this way, Edison is set to be delisted from the Milan stock exchange after more than 10 years.
read more... 07/08/2012
Italy’s electricity demand increased by 1.1% in July
Terna Rete Elettrica Nazionale SpA, Italy’s power grid operator said on Monday that electricity demand in Italy increased by 1.1 % compared to July last year to 30.6 billion kWh on higher temperatures and an extra working day.
read more... 06/08/2012
Italy: Eni unveils a new major discovery off Mozambique
Eni, the Italian oil and gas group, has raised its estimates of natural gas reserves off the coast of Mozambique during its fifth successful drilling, boosting the yield of a significant gas field off the southeast African nation.
read more... 03/08/2012
Italy: Snam obtains a € 400 million loan for the construction of the 2 new gas pipelines
The European Investment Bank (EIB) and the Cassa depositi e prestiti (CDP) have approved today a loan agreement totaling up to 400 million euros for a 20-year term for Snam Spa, with a first tranche of 300 million, already approved by EIB, while a second tranche will be available by 2012.
read more... 02/08/2012
South Stream pipeline project to start in December
Russian President Vladimir Putin has met Italy’s Prime Minister Mario Monti on Monday to talk about the South Stream pipeline project. Following the meeting, the President Putin told reporters that the project is still important for most of the European countries and many gas customers.
read more... 25/07/2012