05/10/2012 | Oil Market |
Saras is seriously considering a partnership with a company which works with crude. Chairman Gian Marco Moratti told shareholders, at their meeting to approve the financial statement for 2011, that “if we have the possibility of finding a company that has some crude and might join with us we will ta ...
05/10/2012 | Natural Gas - Lng - Lpg |
Economic development minister Corrado Passera has declared that “no hypothesis of a merger between Snam Rete Gas and Terna exists”, denying rumors that integration of the power grid manager and the gas network is under consideration by the government as an alternative to the sale to the Cassa Deposi ...
05/10/2012 | Renewables and Conservation |
Last Monday, at its Pisa research center, Enel presented its Triangle-based Omni-purpose Building, TOB, an innovative power generation system designed for isolated areas. It consists of a wooden gazebo covered in photovoltaic panels and equipped with a storage battery which the company affirms “coul ...
05/10/2012 | Natural Gas - Lng - Lpg |
Civil sector consumption of natural gas increased in April, making up for the fall in thermoelectric and industrial demand, Staffetta Quotidiana's elaboration of Snam Rete Gas data shows. April consumption in Italy totaled 5.1981bn m3 of gas, up 5.6% over the same month in 2011, while down 10.2% fro ...
05/10/2012 | Renewables and Conservation |
Promotion of renewable energy in the Mediterranean area as well as of electricity infrastructure for transmitting it: this is the aim of the new non-profit association Res4Med, Renewable energy solutions for the Mediterranean, set up by Enel Green Power, Edison, Cesi, Gse, Pwc and Milan's Politecnic ...
05/10/2012 | Electricity |
After its official creation on April 19, 2012, with the signing of the founding document by Terna chairman Luigi Roth, the association of the Mediterranean area's mid-eastern and North-African grid operators is taking form. It was presented at the conference on “Multilateral cooperation for the inte ...
05/10/2012 | Exploration & Production |
Italy's traditional presence at the Offshore Technology Conference in Houston has been boosted this year by the increased number of firms participating: 31 Italian companies exhibited their products and technologies in various sectors. Forges and foundries, production, machine processing, actuators ...
05/10/2012 | Renewables and Conservation |
Enel Green Power, through its subsidiary Enel Green Power North America Inc., has begun construction work on a geothermal plant in Cove Fort, Utah. The new plant, which will have a gross installed capacity of 25 MW, will be able to generate around 160 GWh of electricity per year. The company reports ...
05/10/2012 | Renewables and Conservation |
Enel Green Power, through its subsidiary Enel Green Power International, has signed with the Danish government's Export Credit Agency (EKF) and Citigroup, the latter as agent and arranger, a 12-year financing agreement for 180mn euros, guaranteed by Enel Green Power. A company statement explains tha ...
Vietnamese utility EVNSPC (Southern Power Corporation under Vietnam Electricity) has awarded Prysmian a contract worth 67mn euros, the company has announced, for the design, supply, installation, and commissioning of an underwater power cable linking Phu Quoc Island to the national power grid in Vie ...
Wit ruling 23497 of April 11, the Antitrust Authority has given a go-ahead to the operation that, in the context of Edison's reorganization, will put Edipower under the control of A2A. The ruling has been published in Bollettino n. 15 of April 30. Currently Edipower stock is divided between Edison ( ...
Italian and French stakeholders in Edison signed the agreements on the revision of conditions for the company's reorganization, recognizing the new price of the public offering that Edf must make for the company. A2A and Edison made this official in two statements published last Saturday and Sunday. ...
05/10/2012 | Natural Gas - Lng - Lpg |
The European Commission has approved entry, with a 20% stake, of the Global Infrastructure Partners fund, which is controlled by GE and Credit Suisse, into the natural gas pipeline Transitgas
(see SN n. 4 2012). The decision was made on April 27 (v. attachment on the Staffetta website). The operation concerns Fluxys Switzerland, currently 100% controlled by Fluxys and owner o ...
05/10/2012 | Exploration & Production |
Kashagan “is giving very positive news”, affirmed Claudio Descalzi, Eni's E&P director general during the conference call on the company's quarterly results last week. Questioned about the giant field in Kazakhstan, Descalzi affirmed that there are no problems and that the tests being completed on s ...
05/10/2012 | Natural Gas - Lng - Lpg |
GNL Italia, the Snam subsidiary which manages the Lng terminal in Panigaglia, and Adriatic Lng, the Exxon, Qatar Petroleum and Edison joint venture which manages the Porto Viro terminal, have published on their websites a “Transparency Template”, a publication harmonized on the European level intend ...