02/02/2012 | Oil Market |
It is no accident that Italian oil consumption continues to fall year after year at a rhythm of at least 2mn t
(see SN n. 4 2012): fuels' cost is higher and higher, as the data provided by the Centro Studi Promotor shows. “In 2011, Italy's consumption of automotive gasoline and gasoil dropped 1.3%, but the overall cost increased as much as 15.8%, while the fiscal component i ...
02/02/2012 | Natural Gas - Lng - Lpg |
The ordinary supplement n. 20 of the Gazzetta Ufficiale n. 22 of Jan. 27 carries the Economic Development Ministry decree of 12 November2011, n. 226 “Regolamento per i criteri di gara e per la valutazione dell'offerta per l'affidamento del servizio della distribuzione del gas naturale, in attuazione ...
02/02/2012 | Oil Market |
Eni estimates that in 2011 in the refining sector it lost 550mn euros. The report comes from a document the company consigned to the chamber of deputies' productive activities commission during the hearing on the refinery crisis. Executive vice president for international and government affairs, Leo ...
02/02/2012 | Contracts |
Saipem has been awarded new E&C offshore contracts worth $1.8nm. In Australia, Saipem has signed an Epci contract with INPEX for the Gas Export Pipeline on the Ichthys Lng Project. Saipem's scope of work will include the engineering, procurement, construction and installation of 889 km of a 42-inch- ...
02/02/2012 | Contracts |
Technip has been awarded by Lukoil Neftochim Burgas a turnkey contract, with Technip's share a €600mn lump sum, for the construction of a 2.5mn tons/year hydrocracking complex to be built at their refinery in Burgas, Bulgaria. Nello Uccelletti, Technip senior vice president onshore stated: "We are p ...
02/02/2012 | Oil Market |
On midnight of Friday last week the trucker strike ended
(see SN n. 4 2012), after having left dry many fuel stations. But protests in the transport business are to continue in February and again in March, because the truckers are not happy with “the attitude of the government which has not opened any serious dialogue with the category and that presented, as decisive, measure ...
02/02/2012 | Energy Policy and Tariffs |
The administrative court Tar of Lazio has postponed until June 28 its decision concerning the recourse presented by Confindustria, Unione Petrolifera, Api and Esso against the minimum transport costs rule. Suspension, expected for January 12, was not granted. The recourse questions the constitutiona ...
02/02/2012 | Companies |
Having resolved the difference of opinions with A2A last week, Iren has now approved the reorganization of Edison, with the conferral of Edipower on the Italian partners. The contracts are to be signed on Feb. 15 and the closing should be before June 30 after approval of stock exchange regulator Con ...
02/02/2012 | Companies |
Enel Green Power ended 2011 with preliminary revenues of 2.5bn euros, up 8.7% and an Ebitda up 23.1% to 1.6bn. The positive results were influenced by the consolidation of Ecyr, which was acquired last March. Net financial debt rose 32.3% to 4.1bn. In its announcement, Egp stresses that the 2011 fi ...
02/02/2012 | Electricity |
From March 19 to April 17, it will be possible to make application for financing of projects in the biomass supply chain. The competion phases will be managed by Invitalia. Objects of the financing include the production of energy through cogeneration and trigeneration plants fed by wood biomass, li ...
02/02/2012 | Companies |
Toward the end of this year, two important fiftieth anniversaries will be remembered: on Oct. 27 that of the tragic loss in Bascapé of Eni chairman Enrico Mattei, and on Dec. 6 that of the nationalization of electricity and the creation of Enel. Enel has begun its commemoration with a new publicity ...
02/02/2012 | Oil Market |
On Jan. 23, the ministers of the environment, of economic development and of agricultural policies signed the inter-ministerial decree setting up a national certification system for sustainability of biofuels and bioliquids. Certification is provided under legislative decree 31 March 2011, n. 55 in ...
02/02/2012 | Exploration & Production |
“Strong concern” has been expressed by Assomineraria regarding the EU proposal on prospecting, research, and production of hydrocarbons, under discussion by the European Commission (act n. COM – 2011 - 688).
“There already exist in Italy robust and severe norms which regulate offshore hydrocar ...
02/02/2012 | Exploration & Production |
The mineral resources directorate of the Economic Development Ministry has set April 1 as the date for presentation of expressions of interest for allocation of the new “marginal” natural gas field San Gervasio, in the province of Brescia, with about 50mn m3 of reserves (v. Staffetta 6/11/11). Seven ...
02/02/2012 | Energy Policy and Tariffs |
The new electricity excise taxes may hurt small and mid-size businesses, the Democratic Party thinks, and it has therefore presented an urgent query through parliamentarians Margherita Mastromauro and Michele Ventura asking the economy minister for clarifications. Their request presents simulations ...