Italy | Egypt Oil & Gas - Part 9

Italy’s Economic Minister Resigns Amid Oil Probe

Italy’s Economic Development Minister has resigned amid allegations that she passed along confidential information to her boyfriend that helped his business interests, related to contracts with French oil giant Total ...

Exxon Mobil Eyes Eni’s Gas Field in Mozambique

Exxon Mobil is in talks to buy a stake of around 15% in Italian oil major Eni's giant Area 4 gas field in Mozambique.

Eni Plans $14b in Cost Cuts, Asset Sales

Eni plans to cut investments and sell down stakes to help it prop up dividends. Company's CEO said the disposals will be mainly through the dilution of stakes in recent discoveries, picking out gas fields in Mozambiq ...

Italy to Hold Referendum on Offshore Drilling

Italy has set 17th April as the date for a referendum on the duration of offshore drilling for oil and gas in Italy. The Constitutional Court gave the green light to the decision welcomed by regional councils and env ...

Italy to Upgrade Egypt’s MIDOR, Other Energy Projects

Italy has agreed to upgrade Egypt’s Middle East Oil Refinery (MIDOR), participate in building a complex for petrochemical industries in Ain Sokhna, and update a number of combined-cycle power plants, Head of the Cair ...

Ghana’s Opposition Calls for Review of ENI Oil&Gas Deal

Ghana’s leading opposition, the New Patriotic Party (NPP), asked the Italian Prime Minister, Matteo Renzi, –during his two-day visit to the country– to review the terms of a deal between Italian oil company, ENI and ...

Israeli PM Meets Italy’s Eni to Discuss Regional Cooperation

Italian energy giant Eni issued a press release on the recent meeting held in Jerusalem between its CEO, Claudio Descalzi, and the Israeli Prime Minister, Benjamin Netanyahu, and the Infrastructure, Energy and Water ...

South Africa Expanding Commitment to Renewables

Italy’s renewable energy group Building Energy recently hosted South African minister of International Relations and Cooperation, Maite Nkoana-Mashabane

Sisi Meets with Eni’s CEO

According to a press release by Italy's Eni, President Abdel Fattah Al Sisi, and Eni’s Chief Executive Officer, Claudio Descalzi, met in Cairo to discuss Eni's activities in the country.

Italy to Discuss Energy Business in North Africa

Italian Economic Development Minister Federica Guidi is in a business mission in North Africa where a series of institutional meetings are planned.

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