Italy | Egypt Oil & Gas - Part 9
Italy Revamps LNG for Transport
After failing to become a European hub for natural gas, Italy is looking for alternative ways to use the fuel,
Iran Oil Contract Law to be Unveiled as Foreign Investors Pour In
Iran’s Minister of Petroleum Bijan Zangeneh announced that his country will introduce its new oil contracts to a London conference planned for December, reported Press TV.
Iraq Hit by Blackouts as Iran Bolsters Electricity Supply
Reuters reported that an explosion targeting the Mirsad electrical line in eastern Iraq disrupted the flow of electricity originating in neighbouring Iran, announced the Iraqi electricity ministry.
Italy’s Eni Heading Back to Iran, with Pre-Conditions
Ali Akbar Farazi, Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) deputy for international affairs, announced that senior executives of Italy’s oil giant, ENI, will arrive in Tehran as part of a ...
Saipem Cuts Jobs Amid Q2 Losses
Saipem SpA, Italy’s biggest oil and gas contractor, will cut jobs and exit businesses as writedowns led to an unexpected loss and an earnings target reduction.
Italy’s Edison to Build 180MW Power Plant in Egypt
Egyptian investment company Qalaa Holdings and Italian gas company Edison signed a Joint Development Agreement on Thursday to build a 180 MW power plant in Egypt. Eni to Weigh Sale of Nigeria Assets Amid Oil Price Drop
Eni SpA, Italy’s largest oil company, is considering selling part or all of its onshore Nigerian operations as it seeks to divest peripheral businesses amid a drop in oil prices, people familiar with the matter said.
Russia’s Gazprom Calls Off Deal on Turkish Pipeline with Italy’s Saipem
Russia's plans to drop Ukraine eventually as a route for piping its natural gas to Europe have hit a snag after Russian gas exporter Gazprom called off a deal with Italy's Saipem to build a subsea link to Turkey. 
