After the acquisition of 2i Rete Gas completed over the weekend, Italgas announces its strategic plan. Gallo: “It will go down in history for creating the European champion of gas distribution”
The closing of the transaction is expected for the first half of 2025, following the necessary regulatory approvals, and will be financed through a bridge loan and a capital increase of 1 billion euros.
According to the Japanese public network NHK, Japan and Italy are negotiating a memorandum of understanding that would allow Tokyo to buy LNG from Eni on a preferential basis in the event of an emergency
With an operation estimated at over 5 billion, the Italian gas distribution company aims to create the main European hub. Binding offer and board of directors in a few days. And then the Antitrust will take the floor
European markets are regaining color slightly, while Wall Street appears cautious awaiting Nvidia's results and inflation data. The dollar is weak against the euro, oil has lost momentum and gold is falling, but it remains…
The Global Gas Report 2024, presented by IGU, Snam and Rystad Energy, warns that, with a possible 22% deficit in gas supply by 2030 and coal still dominant, there is an urgent need to invest in technologies such as biomethane and…
Raw materials are running, stock markets are struggling, even if yesterday Milan came close to reaching 32. The uncertainty and poor visibility of the markets are holding investors back in the belief that the fever has not completely disappeared
Conflict in Ukraine, after the attack on a supermarket in Donetsk, Russia announces the use of a thermobaric warhead missile against Kiev's mercenaries: what the bomb is and how it works. Markets nervous about fighting near gas pipeline for…
Snam has signed an agreement to acquire 100% of Edison Stoccaggio for 560 million euros. This operation, scheduled for the first quarter of 2025, will increase Snam's storage capacity to 18 billion cubic meters, over…
Work on the Ravenna regasification terminal is proceeding quickly, with 90% of works on land and 50% at sea. The BW Singapore regasification ship, purchased by Snam, will have a capacity of 5 billion cubic meters per year, doubling the…
The discovery was made in the medium-deep waters of the Sureste Basin in Block 9 which adds to the discoveries of Block 7 and 10. Eni has been present in Mexico since 2006
The Hera Group, through its subsidiary Inrete Distribuzione Energia, has acquired the Soelia business unit relating to plants, natural gas distribution networks and related management services in the Municipality of Argenta (Fe). The operation strengthens…
Oil prices continue to fall, while gas catches its breath after yesterday's surge. Energy stocks weigh down European stock markets which widen the declines, Piazza Affari goes down with the banks
These are still difficult months for Argentinians: the Milei therapy has contained inflation and brought about the first quarterly primary surplus since 2008, but purchasing power is plummeting and the dollar is at an all-time record. Many people give up…
Maire Tecnimont and Baker Hughes team up for a 2,3 billion dollar project in Algeria. Three new compressor stations and upgrading of the gas collection system in the gigantic Hassi R'mel field to increase supplies of…
Through the subsidiary Inrete Distribuzione Energia, the multiutility won the tender for the plants and the gas distribution network serving the municipality of Argenta (Fe)
Italians, attentive to changes in energy prices, prove to be good savers. A study by the Ref Ricerche Laboratory analyzes the phenomenon and goes beyond the official statistics
Berlin "capital" of energy for two days. Two thousand delegates to discuss renewables, while Italy signs two agreements for the supply of gas with Switzerland and Germany
With the remote control center in Forlì, the company reaches the highest Italian technological level: 800 thousand sensors indicate the status of the systems
An innovative technology applied to the methane gas network recovers electricity. Investment of 2,3 million euros. Ravenna is increasingly at the center of the Italian energy hub
In a context of divided environmentalism, a contrast emerges between the most extreme souls, who pursue radical environmental policies, and those who adopt a more pragmatic vision. The energy recipe of the future? Nuclear, gas and realism
According to the Consumers' Union, if the Government had not decided to restore the system charges and the old VAT rates in 2024, gas would have collapsed by 15%
The tool has therefore become a consolidated reality for several years and has already made it possible to provide an important technical contribution within the activities of the Hera Group. Already active in the detection of earthquakes and gas leaks. Now it will be enriched…
The eyes of the stock markets are focused on US inflation, but in the meantime the push comes from Tokyo (+2,7%) which is galloping in the wake of Softbank's rally (+6%). Bitcoin exceeds 50 thousand dollars, the price of gas continues to decline
European stock markets are all up, while Wall Street is uncertain awaiting the inflation data. In Milan the banks are still positive, Saipem also on the shields
Italy still needs gas. The appeal of the Municipality of Piombino rejected by the judges opens the door to economic compensation for the city. After two years the structure will go to Liguria
The companies in the sector, number one in Europe and among the first in the world in terms of technologies, say they are already committed to reducing CO2 emissions but are asking for more time for the necessary adjustments to the rules that will come into force...
According to the new environmental plan, the operators did not pass the mapping exam, trespassing into areas closed to drilling. Meanwhile in Italy production in cubic meters is behind 2022
The company based in San Donato Milanese has obtained a loan of 7,3 million euros from the Regulatory Authority for Energy, Networks and the Environment for four pilot projects for the innovative use of existing gas infrastructures. Here's what they are
The Puglia Region aspires to financial compensation for the TAP gas pipeline. The government challenges the provision and turns to the Constitutional Court.
The stock markets are becoming cautious but the idea that the bull run is over is starting to gain traction while BTP yields are falling - Pirelli is running in Piazza Affari, the risk on Mps starts again
Charlie Munger, Warren Buffett's right-hand man, passed away overnight at the age of 99: a monument of the markets, who started out as a grocery store girl and amassed a fortune of 2.200 billion dollars
The agreement, lasting almost a year, means that if gas flows from Germany were to cease, those from Northern Europe through Switzerland would be guaranteed
In the Energy decree approved on Monday by the Council of Ministers there is no extension of the end of the protected electricity and gas market. Pichetto Fratin promises smooth passage methods
Snam presented the company's projects for the territory. From the connection works to the national gas network to allow interconnection with the FSRU BW Singapore to the CCS (Carbon Capture and Storage) project, which will make the Ravenna hub one…
The Global Gas Report 2023, presented in London by Snam, Igu (International Gas Union) and Rystad demonstrates that further investments are needed in the natural gas value chain to meet global demand: here's why
The American President's imminent trip to Israel and the talks he has planned give Wall Street and stock markets around the world hope that global war can still be avoided - Gas prices plummet -…
The fear lasted a few hours but in a highly volatile juncture it would be unwise to ignore the warning signs that caused Monday's price surge - And we cannot forget that our main supplier, Algeria,…
After the attack on the gas pipeline between Finland and Estonia, natural gas prices jumped by 13% yesterday - The Fed, however, is soft on rates - Yesterday Piazza Affari was at its highest level for 5 months but today...
Sharp recovery of all European stock markets on the hope of a stop to the rise in interest rates due to the new Hamas-Israel conflict - Tim booms on the Piazza Affari after the Mef's confirmation of the network's spin-off
Eni's CEO, Claudio Descalzi, takes stock of the event celebrating the Group's 70th anniversary by reflecting on the effects of the new war on gas: "It is essential to complete the replacement of Russian gas, with war a more complex path"
The war is less scary than the rise in rates and the stock markets are rising after the comforting statements of the Fed doves. Bonds rebound, the dollar slows down. Stellantis flies to Piazza Affari, Tim recovers
Arera's update records the increases in raw materials that occurred in September compared to August. But between October 2021 and September 2022 more was spent
The unconditional surrender of the Armenians in Nagorno-Karabakh and the exodus that followed it have biblical dimensions. How did this new tragedy come about and why? The origins of the conflict are distant and in the background the immense deposits intertwine…
Barring possible extensions, the end for the protected gas market is set for 31 December 2023, for electricity April 2024. 9,5 million families will be affected by the change. What happens and how does the transition to the free market happen?…
The new Life Gas District will be dedicated to the study, development and automated production of new mixtures in the food, environmental, medical and pharmaceutical fields.
With the next Energy Decree, the government plans to postpone the end of the protected market for the supply of electricity by six months. 9 million families affected by the extension. The difficulties of the transition from the protected market to the…
The Authority for Energy, Water and Waste has released the updated bills for the typical family in August 2023 consumption protection. +2,3% compared to the month of July. Gas price at €33,21/MWh. Spend in the rolling year at -12,1%
Great expectations for Nvidia's accounts which will be presented after the Stock Exchange and which will light up the Nasdaq - The economic slowdown (Pmi at its lowest since 2020) is holding back the lists of the Old Continent - After the sharp rise of the last few weeks,…
Reached an agreement with the Canadian company Mattr for the acquisition of the entire stake in its subsidiary Bredero Shaw International. 166 million dollar operation
Investment of 50 million also financed by the European Bank for Reconstruction and Development. The plant will make it possible to produce liquid oxygen, nitrogen and argon at low temperatures in order to supply hospitals and industries in South-Eastern Europe
With this acquisition, Eni reaffirms the strategic role of gas as a crucial bridge for the global energy transition. On July 28, the accounts for the second quarter
During the first annual conference of Confindustria Energia, the CEO of Snam, Stefano Venier, also announced the activation of the regasification ship in Piombino for next winter
Filippo Tilotta is one of the best Utility Managers of FBC Italia, distinguished by the excellent results obtained in the first half of 2023, in the sector for over 15 years. Today he tells us what his profession consists of concretely and on a daily basis
Eni's CEO wants ideal conditions for the "strategic" listing of his subsidiary. According to Descalzi, the price of oil will remain around 80 dollars a barrel
In tandem with Vår Energi, Eni announces a maxi operation that will allow it to acquire fields in the North Sea, Algeria and Indonesia. Expected synergies of 500 million and growing profits. Descalzi: "High-quality, low-cost portfolio…
The Italgas Plan has been presented: 4,6 billion will be dedicated to the development and technological upgrading of the Italian grid and 0,9 billion for that in Greece. Another 800 million intended for acceleration in the water and energy efficiency sectors. But the title sinks in…
Uncertainty over US debt and the next moves by central banks weighs on European stock exchanges - Spreads up, euro weak - Consumption and inventories push gas prices down
Poste Energia can be subscribed to in the 12.800 Italian post offices, on the Postepay and BancoPosta website and apps. The energy supplied comes 100% from Italian renewable sources
Some raw material prices are falling, first of all gas - The positive effects, which should initially concern the supply, could also extend to the demand side, but the scenario remains uncertain for Ref Ricerche
It is the first US state to launch the initiative. Two years of time for houses and condominiums to adapt to the new rules. Victory of the environmental movements. Against the Republicans
2022 financial statements approved and dividend of 0,2751 euro, up 5% compared to 2021 - Gas reserves on the rise: they are already at 65% - Carbon neutrality targets confirmed for 2040
After 3 months of reductions, the gas bill on the protected market is growing again. L'Arera: "With the heating off, the increase will be less perceived"
The company inaugurated the Congo's first natural gas liquefaction project on April 25. Descalzi: "It will contribute to energy security and Italian and European industrial competitiveness"
Gas prices down, but not enough. Pre-crisis levels remain far away. And new tensions are on the horizon, analysts warn. Birol (IEA): no to increasing gas production in Europe. For renewables "we need to do more"
Faced with a new fluctuation in company bills, it is possible to play in advance with utility management. Pallotta, Co Owner of Fbc Italia: "Prices could go back up, here's how to defend yourself"
While gas prices continue to fall, the government is working on the next bill decree. And a report by Intesa Sanpaolo explains why the emergency cannot be considered over
At the end of the first regasification capacity allocation, 37 slots were assigned corresponding to over 86% of the offered capacity of the Piombino FSRU Italia terminal
The European stock exchanges continue to pay for the central bank effect - Great success for the BTP Italia - Vivendi rejects the Cdp and Kkr offers for Tim - Electricity: prices down by 20%
The top 100 Italian utilities invested 11 billion in 2021. This is certified by the Althesys report on the most important companies in the sector: from Hera to Acea, here is the 2023 ranking
The continued decline in methane futures on the Amsterdam market is also starting to show itself on gas bills. But the stop to discounts (March 31) will make them rise again
Piazza Affari is the best price list in Europe, driven by the Amplifon and Inwit rallies and by the rush of industry - European gas at 45,5 euros per Mah
Intermonte's chief global strategist looks very carefully at some determining factors, but identifies good investment opportunities in the Stock Exchange but also in Treasury bond issues destined for retail
Eni presented the new 2023-26 Strategic Plan with a dividend of 0,94 euro next year and a 2,2 billion buyback. Plenitude aims to triple margins. CEO Descalzi: "We are solid, more remuneration for shareholders"
A drop of 234 euros (-17%) in the price of gas and 363 euros (-25%) in the price of electricity is expected. The new Arera tariffs are expected in March. Tabarelli, Nomisma Energia: "continue to diversify"
INTERVIEW WITH GIUSEPPE ZOLLINO, professor of energy technology and economics at the Faculty of Engineering of the University of Padua, who examines all the inconsistencies of the Brussels Green Deal. The case of the car is exemplary: focusing only on electric not only puts you in serious…
The 2022 EDF budget closes with a record loss of 17,9 billion. The French state rises to 96% of the share capital. Italian interest in a possible sale of Edison is growing
