European energy security faces a seemingly impossible task of meeting short-term demand with longer-term decarbonisation. Society does not have the luxury of declaring this to be impossible, though, so must take steps now to meet the challenges.
The Dutch Public Prosecutor has dropped its investigation into Shell’s role in acquiring OPL 245 in Nigeria, following a similar move from Italy earlier this week.
The Milanese prosecutor has dropped its appeal targeting Eni (ENI:MI) and Shell (LON:SHEL) for the alleged corruption in securing OPL 245, in Nigeria.
Sonatrach has made a significant addition to its reserves at the Hassi R’Mel licence.
Russia stepped up the use of energy as a weapon by further cutting natural gas shipments via its biggest pipeline to Europe, prompting Germany to accuse the Kremlin of trying to drive up prices.
Snam has bought an FSRU from Golar LNG and will use the vessel to supply central-northern Italy as of spring 2023.
The head of Libya’s National Oil Corp. (NOC) has highlighted the North African country’s role in meeting Europe’s energy security needs and downplayed the risks.
Italy has secured a deal to increase gas supplies from Angola, following high level talks between Italian Minister of Foreign Affairs Luigi di Maio and Angolan President João Lourenço.
Eni has signed a deal to secure more gas flows for Italy from Egypt, just two days after striking a similar agreement with Algeria.
Italian Minister of Foreign Affairs Luigi di Maio has visited Angola and Congo Kinshasa in order to secure new sources of gas.
Italy’s Eni will end a decades-long pipeline joint venture with Gazprom, as the company joins other oil majors in moving to isolate Russia in response to its invasion of Ukraine.
Italian contractor Saipem has entered into a partnership to explore building a carbon dioxide capture and utilisation (CCU) plant.
The UK has corralled about 20 nations including the US, Canada and Italy at the COP26 climate summit to pledge to stop funding foreign fossil fuel projects, though the impact of the deal is undermined by the absence of key countries.
A Royal Navy ship is on its way to the Gulf of Guinea, amid a continued focus on security.
Italy’s Ministry of Justice has launched an administrative investigation of the trial of Eni over alleged corruption in Nigeria.
BP has boosted its utility scale solar portfolio in Italy by acquiring three projects with a total installed capacity of 156 megawatt peak (MWp).
Innovo Engineering and Construction is pleased to announce the appointment of William Cappello to the role of UK Acquisition Manager.
The big question is what role natural gas will play in the changes in the global energy market, says the CEO of MET International. György Vargha explains why it is so important to manage risks in an integrated way.
Eni reported strong results for the fourth quarter, with an adjusted operating profit of 802 million euros ($972.5mn) reported at its exploration and production unit.
United Oil & Gas expects production to rise slightly in 2021, while capital expenditure will double primarily as a result of drilling two wells in Egypt.
Premier Oil has welcomed a major milestone after the Tolmount platform was successfully installed in the early hours of this morning.
A number of states have signed an agreement formalising the East Mediterranean Gas Forum (EMGF).
Saipem has signed a Memorandum of Understanding with a leading energy infrastructure operator to start working together on new energy transition technologies.
Saipem has confirmed it will “considerably” downsize its investment plans after posting pre-tax and interest losses of £644 million for the first half of this year.
An appeal by Meta Energia to roll back a court’s decision to award an arbitration to Shell has been dismissed.