Eni announces that the introduction of gas has started at the Tango Floating Liquefied Natural Gas (FLNG) plant moored in Congolese waters. The introduction of gas at the plant takes place in a record time of just twelve months from the final investment decision. This is a fundamental milestone of the Congo LNG project characterized by the adoption [...]
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Eni and the Swiss company Open Energy Platform AG (Open EP) have entered into an agreement to guarantee the flow of gas to Switzerland and Italy even in the event of interruptions or significant reductions in gas flows from Germany. The agreement promotes the efficient use of the Swiss Transitgas transport infrastructure in relation to both gas flows […]
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Our secret services have raised the alarm that gas supplies would be at risk. After the forced disengagement of most European countries from Russian gas, there were several bilateral agreements with Middle Eastern countries to guarantee supplies of gas and oil. Some doubts arise among […]
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Eni announces an important gas discovery made from the Geng North-1 well drilled in the North Ganal license, approximately 85 km away from the east coast of Kalimantan, Indonesia. Preliminary estimates indicate total volumes equal to 5 thousand billion cubic feet of gas (approximately 140 billion cubic meters) with a content [...]
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The island of Christiansö in the Baltic Sea is the Danish outpost in front of the Nordstream 2 gas pipeline, which made world news due to a sabotage that took place on 26 September last. The Danish police are examining several hypotheses. Meanwhile, off Christiansö, a boat specializing in underwater exploration continues to collect clues, escorted by a navy ship [...]
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The CEO of Eni, Claudio Descalzi, and the CEO of the National Oil Corporation (NOC), Farhat Bengdara, today signed an agreement to start the development of "A&E Structures", a strategic project aimed at increasing the production of gas to supply the Libyan domestic market, as well as guaranteeing the export of volumes to Europe. The deal was […]
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Eni announces a new important gas discovery in the Nargis-1 exploration well, in the "Nargis Offshore Area" concession, in the eastern Mediterranean Sea, off the coast of Egypt. The Nargis-1 well, drilled in 309m of water by the drillship Stena Forth, encountered approximately 61m of gas-containing Miocene and Oligocene sandstones. The discovery can be developed by exploiting [...]
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February and March will be decisive months for energy prices. New upsurges can put businesses in particular into a serious crisis. To clarify our ideas Michele Marsiglia, President of FederPetroli Italia, in recent months the industrial cost of fuels has decreased due to a decrease in crude oil prices, but there are elements that suggest that there will [...]
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Although the prices of raw materials have been falling in recent months, the importation of these products could cost the country at least 80 billion euros more this year than in the pre-Covid period. To say it is the Research Office of the CGIA. The prices of metals and minerals (aluminum, iron ore, copper, lead, tin, […]
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Eni announces the start of production from two gas fields of the new Berkine Sud contract in Algeria
The new volumes are added to those of the North Berkine contract and of the other operated activities, thus contributing to satisfying the demand of the European market. Eni announces the recent start of production from two gas fields related to the Berkine Sud contract, in Algeria, just 6 months after the award of the contract, through one [...]
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Unpaid boom: if we do not intervene with adequate resources, 30% of families and SMEs may no longer be able to pay for electricity and gas by the end of the year The "legacy" that the new government will find is at least 35 billion euros as a dowry. Or rather, the amount that should be charged by [...]
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The purchase of Indian and Chinese oil has offset most of the decline in Russian exports to Europe, thus raising questions about the impact of sanctions on Moscow which have instead led to a skyrocketing energy bills for European consumers. An analysis by the Financial Times on available data from Chinese and Indian customs statistics shows [...]
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This acquisition has a strong strategic value and contributes to further satisfying European gas needs, as well as strengthening Eni's presence in Algeria Eni announces the acquisition of BP's operations in Algeria, including "In Amenas" and "In Salah" , two concessions for the production of gas (with a working interest of [...] respectively
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EU energy shield is what will be discussed this week and precisely Wednesday in the meeting between technicians and ambassadors of the 27 in view of the summit of the energy ministers set for next Friday. Among the options under consideration is setting a ceiling on the price of gas arriving from Russia in order to reduce [...]
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Putin's Russia continues with the energy war and threatens to stop oil supplies "to hostile countries", warning that gas stocks will not be enough for the EU to survive the winter. Russian Deputy Prime Minister Alexander Novak has threatened that he will suspend supplies of black gold to so-called "hostile countries" if they impose "restrictions". The warning [...]
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“The swing in gas prices and the continuous strong upward or downward fluctuations are only evidence of a strong speculation that was triggered following the Russian-Ukrainian conflict. They are creating only panic on the markets ”- said the President of FederPetroli Italia Michele Marseille to the international press agency LaPresse. "A Price-Cap has no [...]
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Eni announces an important gas discovery with the Cronos-1 well, in Block 6, about 160 kilometers off the coast of Cyprus, in a water depth of 2.287 meters. The block is operated by Eni Cyprus with a 50% stake. TotalEnergies is partner with the remaining 50%. Preliminary estimates indicate around 2,5 TCF [...]
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The establishment of the joint venture, in which bp and Eni participated at 50:50, was completed. The JV combines the Angolan upstream, LNG and solar activities of the two companies bp and Eni are pleased to confirm that Azule Energy, the new independent 50/50 joint venture that unites the businesses [...]
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In a note, the Russian energy giant Gazprom says that starting from Wednesday it will reduce gas supplies to Germany by another 20 percentage points, which will therefore lose about 33 million cubic meters per day. The reason given by the company refers to the repair of the Siemens turbine. The news leads to [...]
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Finally white smoke, the first eight foreign ships have arrived in the ports of Ukraine to export agricultural products, while the Ukrainian Navy will ensure safe transport. "At the request of the Ministry of Infrastructure, naval units of the Ukrainian Armed Forces guarantee the transport of agricultural products by civilian ships through the Bystre entrance of the Danube-Black Sea canal" he [...]
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War of energy and wheat (by Massimiliano D'Elia) In the end Putin is probably succeeding in his crazy plan, which is not so crazy: to undermine Western democracies that for years have rested on the conviction of lasting peace guaranteed by NATO and the United Nations. Less convincing, however, is the Union's ability to influence [...]
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Russia is moving to "downsize" a natural gas joint venture, putting the investments of Shell and two Japanese energy companies at risk. A decree issued last Thursday by President Vladimir Putin concerns Sakhalin-2, a project in the Russian Far East that serves as an exporter of liquefied natural gas to Japan. The decision […]
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The tour of the Italian premier, Mario Draghi in Israel started yesterday. After meeting with President Isaac Herzog, he will meet with Prime Minister Naftali Bennett and then continue towards Ramallah. At the center of the talks the energy question, security and bilateral cooperation. The ties between Italy and Israel in recent decades have [...]
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The Extraordinary Council of the EU Commission on Monday seemed a success. On the other hand, yesterday at the meeting of the ambassadors some clutches were reactivated. Not only the question of oil (we are still a long way off on the date for the interruption of transport by sea) now the question of Patriarch Kirill has also intensified the debate on sanctions against Russia. [...]
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(by Massimiliano D'Elia) The effects of the war in Ukraine are being felt globally. If in Africa we are close to collapse, with unpredictable developments of instability, due to the lack of wheat and cereals from Ukraine and Russia, for many other countries the effects of the sanctions imposed on Russia are unleashing a sort [...]
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Password in the Kremlin? Reinforce the western side. By the end of the year, over two thousand new weapons will be deployed in the western regions with 20 new warships. NATO is expanding and Moscow's response to the "growing military threats" from the West is not diplomacy but continuous and progressive armament. To worry [...]
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In the presence of the Minister of Foreign Affairs of the Republic of Congo Jean-Claude Gakosso, the Minister of Foreign Affairs Luigi di Maio and the Minister of Ecological Transition Roberto Cingolani, the Minister of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua, and the Chief Executive Officer of Eni, Claudio Descalzi, today signed a letter of intent in Brazzaville for [...]
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In the presence of the President of the Algerian Republic Abdelmadjid Tebboune and the President of the Council Mario Draghi, the President of Sonatrach, Toufik Hakkar, and the CEO of Eni, Claudio Descalzi today signed an agreement in Algiers that will allow Eni to increase quantities of gas transported through the TransMed / Enrico Mattei pipeline, as part of the contracts [...]
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The United States to help Europe for the energy crisis and for independence from Russian gas, this is the proposal of the CEO of JpMorgan, Jamie Dimon. For Dimon, sources close to the dossier explained to ANSA, a plan modeled on the historic aid package launched by the United States in 1948 to contribute to the reconstruction of Europe is urgently needed [...]
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Eni and Sonatrach announce a significant oil and associated gas discovery in the Zemlet el Arbi concession, in the North Berkine basin in Algeria Eni and Sonatrach announce an important oil and associated gas discovery in the Zemlet el Arbi concession, in the North Berkine basin in the desert Algerian. The concession is operated by the Joint [...]
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According to Interfax reports, Moscow warns that it has used "another hypersonic missile against Ukrainian military targets". While 'The Kyiv independence' accuses the Russian military forces of having transferred "thousands of Ukrainian civilians" to "camps" where their cell phones and documents are "checked" and then "deported to remote cities of Russia". But on Telegram, the authorities [...]
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"Full support to President Draghi and the entire government for the advanced measures in defense of Ukrainian sovereignty, presented to the Senate". Thus Senator Marinella Pacifico of CI on the crisis in Ukraine and on the energy emergency that Italy will have to face. The invasion of Ukraine by Russia, Pacific specified, is to be stigmatized and our solidarity [...]
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Although the Government for this first quarter has disbursed a good 5,5 billion euros in aid to families and businesses to counter the high bills, the amount remains, unfortunately, completely insufficient to mitigate the additional costs that will have to suffer this year. domestic and non-domestic users. It is clear that much more needs to be done. In fact, compared to [...]
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"After years of investment not only in economic resources but in the commitment to sensitize public opinion, politics and local communities, today, thanks to the words of the ministers Giancarlo Giorgetti (MISE) and Roberto Cingolani (MITE), we are beginning to see a opening up to the immense possibilities of exploiting Italian energy resources and our appeals become concrete. We are well [...]
read moreEni has started gas production from the Merakes Project, located in the East Sepinggan block, in the deep waters of the Makassar Strait, in the province of East Kalimantan, Indonesia. The project is represented by a gas field offshore of the Kutei basin, with a water depth of approximately 1.500 meters. Five underwater wells will guarantee [...]
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With regard to the sanction announced this morning by the Competition and Market Authority, Eni gas and light disagrees with the conclusions of the AGCM, and is carefully evaluating an appeal against the decision, as it believes it has always treated the requests with attention and fairness prescription of its customers. Eni gas and light, in fact, recognizes the [...]
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In a note, Eni (operator of the Block), together with its partner bp, announces a new gas discovery in the area previously defined as the “Great Nooros Area”, in the Abu Madi West license in the conventional waters of the Nile Delta. This new discovery, made through the Nidoco NW-1 exploration well, is located at 16 meters of water depth, at [...]
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Amid heightened tensions, Greek military sources told Kathimerini that if the cables of the Turkish seismic ship Oruc Reis touch the Greek continental shelf, Turkey will have "full and exclusive" responsibility for what follows. The warning after Turkey sent the ship Oruc Reis to [...] this week for alleged seismic investigations.
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Eni makes a new gas discovery in the Egyptian Mediterranean Sea Eni (operator of the Block), together with the partners in the block BP and Total, has successfully drilled the first exploration well in the North El Hammad license, in the Egyptian conventional waters of the Nile Delta , on the prospectus called Bashrush. The new discovery is found in [...]
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The government measures implemented to contain and combat the spread of the coronavirus, summarized in the slogan that is spreading on the #iorestoacasa network, are having inevitable repercussions on the demand and supply of electricity and gas (by Gianfranco Ossino - Engineer and Head of Aidr Observatory for Digitization of the Environment and Energy) The measures adopted in recent decrees [...]
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“At this moment, the induced fortunately maintains a strong resistance for a few more months against an unexpected player called Covid19. A sharply falling price of crude oil was not foreseen in the annual investment plans for the present and the future, at least over a period of 3 years, while, like everyone else, we found ourselves dealing with the accounts [...]
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In 2019, tariffs in Italy continued to increase: the only ones bucking the trend were gas (-0,9 per cent) and telephone services (-6,1 per cent); these items, together with taxi rides (+0,5 per cent) and tolls, are the only fares to have remained below inflation which, last year, [...]
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Other than Salvini, Savoini & co. With Russia the facts are done by Angela Merkel with Gazprom. Now with Ursula von der Leyen, the new president of the EU Commission, the game is done. Fausto Carioti on Libero explains the details of the operation. Side by side, Putin's lobbyists, the team led by the Chancellor and the [...]
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Eni announces that the exploration well drilled in Block 114, located in the Song Hong basin, offshore Vietnam has confirmed the presence of gas and condensates in the prospect called Ken Bau. The results of the well reveal a significant potential for hydrocarbon accumulation. Eni Vietnam is the operator of Block 114 with a 50% stake; [...]
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In 2018, the main public tariffs continued to rise. With the exception of telephone services (-0,6 per cent) and rail transport (-1,7 per cent), all the other 8 items examined by the CGIA Research Office have undergone significant percentage increases: in particular gas (+5,7), electricity (+4,5) and water (+4,3). [...]
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The oil giant was sentenced Friday in Paris to a 500.000 euro fine for "bribery of a foreign public official" on the sidelines of the signing of a huge gas contract in Iran in 1997 The Paris court sentenced the Total group to a fine of 500.000 euros for bribery of foreign public officials in [...]
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Thirteen miners died and ten were injured after a methane gas explosion in a mine in the east of the Czech Republic. "In total we have 13 dead miners, 11 Poles and two Czechs," said a spokesman for the OKD mining company. The accident occurred in the CSM mine in the city of Karvina, about 300 km east of [...]
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Eni gas and light met today in Pescara the national and territorial representatives of the Consumer Associations recognized by the CNCU (National Council of Consumers and Users). During the meeting, various aspects relating to electricity and gas supply services and the energy solutions offered by Eni gas and electricity were analyzed: the methods [...]
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One dead and 16 people were injured due to a series of explosions and fires, probably due to malfunctions in the gas service. At least 40 homes and businesses in three population centers, not far from Boston, were involved, while the flames spread for several blocks causing the evacuation of entire [...]
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Eni announces a gas discovery in the Egyptian Western Desert. The well was drilled on the exploration prospect called Faramid S-1X, located in the East Obayed concession in the Western Egyptian Desert, approximately 30 kilometers northwest of the Melehia concession. The well reached a depth of 5.212 meters and encountered numerous levels [...]
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Trump will soon meet Putin but, like the leaders of the various European countries, he is ready to expel Moscow diplomats from the United States after the story of the nerve gas used to eliminate former Russian spy Serghei Skripal and his daughter Yulia in Salisbury. Bloomberg reports that the decision may not be final. [...]
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The US Department of the Interior has given the green light to a record five-year concession plan for offshore oil and gas exploration and extraction. The move will affect the Pacific and Atlantic oceans and the Arctic Ocean. Between 2019 and 2024, approximately 90% of the area will be offered [...]
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According to the Nova Agency, the Indian government expects that gas consumption will continue to increase and aims to create a trading platform in the country to ensure the sale of gas directly from producers to consumers. This was stated by the Indian Minister of Oil and Natural Gas, Dharmendra Pradhan, in a speech [...]
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Iraqi Oil Minister Jabbar Ali al Luabi met with Saudi Foreign Minister Adel Al Jubeir in Jeddah. According to a press release from the Riyadh Foreign Ministry, bilateral relations and ways to strengthen them are at the center of talks between Al Luaibi and Jubeir. The Iraqi oil minister undertook a visit on 8 August [...]
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Following the approval by the regulatory authorities, Eni today finalized the sale to Eneco of 100% of Eni Gas & Power NV / SA, active in the gas & power retail business in Belgium, and of its subsidiary Eni Wind Belgium NV / SA. The sale agreement was signed last March in [...]
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