Latest news
Italy to introduce carbon tax to fund green energy
Italy is planning to introduce a carbon tax aimed to finance renewable energy production in order to provide further support for currently funded clean power, as it was announced after a cabinet meeting on Monday.
read more... 19/04/2012
Iran halts oil supplies to Spain
Iran has cut oil supplies to Spain and it is possible to suspend exports to Germany and Italy, according to official Iranian television in English, PressTV reported Tuesday.
read more... 11/04/2012
Italy to cut sharply solar PV incentives as from April
The Italian government envisages cutting solar feed in tariffs for solar photovoltaic sector this year if a new decree is approved in April, move which would help to reduce power bills for consumers.
read more... 30/03/2012
Italy: Eni allowed to import Iranian oil despite EU oil embargo
Eni, Italy’s oil and gas giant, has received a special exemption from the sanctions which would allow the company receiving Iran’s crude despite EU embargo on Iranian oil, the company’s CEO Paolo Scaroni told the reporters on Friday.
read more... 26/03/2012
Enel to cut costs in order to reduce debt
Enel plans cuts in its dividend payouts and investments over the next five years in order to diminish its debt and keep its credit rating. Mentioning over the share price fall, Fulvio Conti, the chief executive announced the 2012-16 business plan which establishes lower expected growth targets amid a cloudy outlook for Italy and Spain which was needed to clear the situation.
read more... 09/03/2012