07/15/2010 | Electricity |
Terna has announced that the last section of the “Sorgente-Rizziconi” cable between Sicily and Calabria has been approved by the authorities, with the Environment Ministry and the Economic Development Ministry both signing on. With a length of 105 km, of which 38 under the sea, the 380 kV line with ...
07/15/2010 | Renewables and Conservation |
Enel has inaugurated the first hydrogen plant in the world. It has a total generation capacity of 16 MW and cost 50mn euros. Ceo Fulvio Conti and the president of the region of Veneto, Luca Zaia, were present for the inauguration. The plant was launched mid-August last year thanks to the new hydroge ...
07/15/2010 | Companies |
Erg Ceo Alessandro Garrone, in an interview published in the daily Il Sole 24 Ore , has confirmed the close ties linking Erg with the Russian firm Lukoil, with which Erg has just signed an agreement on renewables
(see SN n. 8 2009). Asked if Erg intends to exercise its put option on the Priolo refinery, Garrone noted that the option was open until 2014 and that “we must unders ...
07/15/2010 | Renewables and Conservation |
Erg Renew and Lukoil have signed a Memorandum of Understanding to cooperate in the renewable sector, especially in the wind power business. The two companies will focus on business opportunities in eastern Europe and in Russia.
Pietro Giordano, chairman of Erg Renew, commented that "we are extr ...
07/15/2010 | Oil Market |
Unicredit has entered the Italian oil market, thanks to a letter of intent concerning the restructuring of the debt of Italpetroli, signed last week by Rosella Sensi and representatives of the bank
(see SN n. 26 2010) before the arbitration board chaired by Cesare Ruperto. On the basis of the letter, Italpetroli (formerly 51% of the Sensi family and 49% Unicredit), Sipic (Ital ...
07/15/2010 | Oil Market |
Continuing with its rationalization of wholesale operations, on June 23, through Enirete Oil & non Oil Spa, Eni sold its 49% stake in Gruppo Distribuzione Petroli Srl (GDP) located in Pieve di Soligo (Treviso) to Giorgio and Diego Variola, respectively chairman and deputy chairman of the company, an ...
07/15/2010 | Exploration & Production |
The Australian firm Po Valley Energy has produced 10mn mc of gas since the beginning of its production in Italy at the end of December to the end of June. PVE explains that in the April-June quarter, output was 4.6mn mc, down 15% from the first quarter, and that 2.3mn mc of this came from the 41 day ...
07/15/2010 | Contracts |
Saipem has announced that it has won new offshore contracts worth more than a billion euros. The contracts refer to activities to be carried out between 2010 and 2012 in the main offshore areas where Saipem is present, in particular in the Caspian Sea, both in the Kazakh and Azeri sectors, Brazil, t ...
07/15/2010 | Exploration & Production |
Snamprogetti Netherlands, a Saipem company formerly controlled indirectly by Eni, has signed a transaction with the US Department of Justice (“DOJ”) for resolution of the investigation of Snamprogetti Netherlands's activities concerning contracts for construction of Lng plants on Bonny Island, in Ni ...
07/15/2010 | Exploration & Production |
Eni and Sonangol have announced an important oil discovery in block 15/06 in deep waters offshore Angola. The Cabaça South East-1 well 100 km from the coast at a depth of 470 m, Eni has announced, "has successfully reached its multi-target objective in the deepest levels of the Miocene age, where oi ...
07/15/2010 | Renewables and Conservation |
The Chinese firm Ldk Solar has reached a photovoltaic supply agreement with Enel.Si, Enel's subsidiary for the solar power market. Ldk Solar will supply Enel modules to produce a total of 50 MW, of which 30 to be delivered in the third quarter and an option for 20 MW more by the end of 2010. ...
07/15/2010 | Renewables and Conservation |
Convert Italia, a company which produces solar systems for businesses, and Solaria Corporation, a California photovoltaic panel manufacturer with offices in Europe as well, have reached a cooperation agreement for the development and future installation of photovoltaic concentration technology syste ...
07/15/2010 | Energy Policy and Tariffs |
The Energy Authority has approved the single commercial conduct code for the sale of electricity and natural gas to retail customers. It will become operative on Jan. 1, 2011. The ruling is ARG/104/10, available as an attachment on the Staffetta website, along with the text of the code itself and th ...
07/15/2010 | Energy Policy and Tariffs |
The unified State-Regions conference has approved the new energy account, which is to say the incentives for solar power, beginning in 2011. The conference also approved the guidelines for the single authorization of renewable energy plants. Thus the regions have given their favorable judgment to th ...
07/15/2010 | Exploration & Production |
Given the nearness of the July 31 deadline, Omc2011 reminds its participants that applications to participate in the selection of papers to be presented during the three-day fair in Ravenna, 23-25 March, may still be forwarded via internet. ...