UK-based investment firm Prospex Oil and Gas said today that drilling had started on an appraisal well in Italy.
Italian energy company Eni has signed a pact on oil and gas exploration and production opportunities with the China National Petroleum Corporation (CNPC).
Saffron energy is aiming to bring its third gas-producing field in northern Italy online in the first quarter of next year.
Italian giant Eni has been crowned the first international oil major to drill in Mexico since the country's 2013 energy reform.
Sound Energy has started its onshore drilling campaign in Italy, the firm today confirmed.
Fledgling Italian gas producer Saffron Energy is aiming to make a splash when it enters the London Stock Exchange in the coming weeks.
Eni said it plans to deepen its involvement in Nigeria's energy industry.
Video footage shows fires raging yesterday at a refinery owned by Italian oil and gas firm Eni.
Sound Energy has kick-started work on its Badile exploration well site.
Norway’s offshore safety body has ordered Italian energy firm Eni to submit a report on a blackout on a vessel in the Barents Sea.
An Aberdeen-based firm said today it was celebrating the completion of its first offshore well management project.
Italian energy firm Eni is in talks with four companies over the sale of 20% of its Zohr gas field in Egypt, a news report said, citing unidentified banking sources.
Sound Energy is to shut-in its new well on the Nervesa licence, offshore Italy, to carry out remedial work as it believes some of the reservoir levels are not in production.
Sound Energy will press ahead with drilling its Badile prospect after receiving permission from Italian authorities this week. No date has been earmarked for commencement of drilling although Sound confirmed it would begin some time during 2016. The company has already secured the drilling rig to be used on Badile.
A vote in Italy to curtail the duration of existing drilling concessions in territorial workers has failed.
Eni reported a fourth-quarter loss, missing analysts’ expectations as the slide in oil prices deepened.
Sound Energy has achieved first commercial production at the operated onshore Nervesa gas discovery in Italy.
Rockhopper's production plans in Italy have been shelved after its bid to circumvent an exploration ban failed.
GE Oil and Gas today confirmed a $600million financial injection for its operations in Italy.
Italy’s Eni has confirmed the European Commission has cleared its plans to sell a 12.5% stake in fellow Italian firm Saipem. The Commission has published its authorisation for the transaction following the positive outcome of the anti-trust procedure.
Sound Energy, the European/Mediterranean focused upstream gas company, has said its ability to attract companies such as Shell and Schlumberger as partners illustrates the potential in its portfolio.
Avanti Energy said its Italian subsidiary has signed a long term gas sales agreement with Shell Energy Europe for its future gas production in the country. CMI Energia has won the deal which will focus on the Colle Santo project which is the largest undeveloped onshore gas field in Italy.
Rockhopper Exploration has achieved first gas from its onshore Civita gas field in Italy.
Sound Oil, the Mediterranean focused upstream gas company, made a first-half pretax loss of £3.89million compared with a 2014 loss of £2.05million.
Sound Oil has confirmed that it is still on track for production from its Nervesa gas discovery in Italy by the end of the year.