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03/18/2010 | Natural Gas - Lng - Lpg |

Nabucco-South Stream, reactions to Scaroni's proposal

The idea recently proposed by Eni Ceo Paolo Scaroni in Houston to make the routes of the future gas pipelines South Stream and Nabucco complementary was judged “interesting” by president Obama's special envoy for energy in the Euro-Asiatic area, ambassador Richard Morningstar. After three days of ta ...


03/18/2010 | Exploration & Production |

Eni, negotiations for upstream sale in advanced stage

“Talks are in an advanced stage for the sale of the two companies Padana Energia and Adriatica Idrocarburi”, on which the upstream assets of northern Italy (the Po plan and Emilia Romagna) and central Italy (Marches, Abruzzi and Molise) have been conferred. The report comes from the consolidated fin ...


03/18/2010 | Companies |

Eni presents Ionica Gas Spa at Crotone

Ionica Gas Spa (100% Eni) was presented in Crotone at the end of February, with its Ceo and chairman Enrico Tavolini present. Created to manage all the activities undertaken in the region of Calabria, in the context of the reorganization of Eni's hydrocarbon research and production activities in Ita ...


03/18/2010 | Companies |

Eni, production target not as ambitious but reachable, difficult context for R&M

Eni Ceo Paolo Scaroni has expressed his preference for goals that are less ambitious but are reachable. That is how he characterized the objective of annual growth of 2.5% in hydrocarbon production for the 2010-2013 period, as indicated in the company's strategic plan presented last week in Milan. A ...


03/18/2010 | Companies |

Acea, Gdf Suez's exit is not on the agenda

Gdf Suez is confident of reaching a positive solution to its problems with Acea, in which it holds a 9.98% stake, and excludes the idea of selling out. Jean-Francois Cirelli, chairman of Gdf Suez, reiterated this point during Cera Week in Houston. “The possibility of exiting Acea is not on the table ...


03/18/2010 | Environment |

Augusta clean-up, operators presumed responsible for pollution

Operators who have plants next to a polluted area can be presumed to be responsible for its pollution, the EU court of justice has decided. The ruling is available as an attachment on our website. The EU principle that “those who pollutes pay” thus has an important corollary: “those who have a plant ...


03/18/2010 | What’s Going On |

Dangerous goods, exceptions published

The Gazzetta Ufficiale n. 59 of March 12 contains the decree of the Transportation Ministry of Feb. 18 authorizing the circulation of vehicles and tank trucks manufactured before Jan. 1, 1997, which carry dangerous goods. This decree specifies exceptions to the decree of Jan 27, 2010, n. 35 implemen ...


03/18/2010 | Companies |

Total Italia, Philippe Nelis new director general and Ceo

Total has announced the nomination of Philippe Nelis as director general and Ceo of Total Italia Spa, replacing Manuel Olivier (see SN n. 7 2007). Nelis, 55 years old, is of Belgian origins and got his university degree in chemistry. He came to Total after working in several other oil companies. In 1983 he entered the research center of the PetroFina group, and was later named ...


03/18/2010 | Companies |

Chemicals, Eni still talking to Ramco for Vinyls

Eni has confirmed that its talks with Ramco Trading & Contracting of Qatar are continuing for the sale of Vinyls assets, as set out in the letter of intention received March 12. Eni reiterated its willingness to spin off the assets, after agreement with local stakeholders and unions, as well as its ...


03/18/2010 | Companies |

Avelar now holds 100% of Geogastock

The Russian company Avelar now has 100% of the stock of Geogastock, a natural gas storage company operating in Italy. The Russian firm reported that it had acquired the 20% that it did not own already. Geogastock has asked the Economic Development Ministry the concession for a gas storage facilty at ...


03/18/2010 | Companies |

Ascopiave, 2009 net profit +37%

Ascopiave closed 2009 with a net profit of 25.3mn euros, up 37% from 2008. The company announced that 2009 revenues were 764.2mn (-7.3% compared to 2008), Ebit was 41.1mn (+19.5%) while Ebitda increased by 9.2mn to 61.5 (+17.6%). The utility's board will propose a dividend of 0.09 euros per share (+ ...


03/18/2010 | Companies |

Saipem, board approves 2009 financial statement, changes auditor

Saipem's board has approved the consolidated financial statement of Dec. 31, 2009, which confirmed the data already published on Feb. 10. The year closed with an adjusted net profit of 732mn euros (724mn in 2008) and a net profit of 732mn (914mn in 2008, v. Staffetta 11/2). The board also decided to ...


03/18/2010 | Companies |

Snam Rete Gas, 2010-2013 plan confirms Rab growth at 4.5% and investments of 6.4bn

Snam Rete Gas has updated its strategic plan for the four-year period of 2010-2013, confirming most of the preceding plan for 2009-2012, presented in December. The Eni company, which owns most of the gas pipelines and Italian storage sites, is planning on investing 6.4bn in 2010-2013, of which 1.4bn ...


03/18/2010 | Renewables and Conservation |

Wind power, Edison acquires authorization for 26 MW from Gamesa

Edison Energie Speciali (Edens), Edison's renewable resources company, has acquired from Gamesa the Parco Eolico San Francesco company, which holds title to the project for a 26 MW wind farm in the municipality of Melissa (Kr). The authorization was published in the Antitrust Authority bulletin n. 8 ...


03/18/2010 | Renewables and Conservation |

Solar power/1, Statkraft- Siemens agreement for 40 MW in Italy

The Norwegian company Statkraft has inaugurated its first solar plant in Italy at Casale in Aprilia, and it announced a draft agreement with Siemens Energy for the construction of solar plants in Italy for a total of 40 MW. Statkraft reports that the newly inaugurated plant has a capacity of 3.3 MW ...


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(03/18) - Acea issues ten-year bond for 500mn

(03/18) - A2A, advisor for talks with Edf on Edison to be chosen by end of April

(03/11) - Landi Renzo, Lpg systems supplied to Toyota

(03/11) - Igb, investments by Edison of 140mn euros

(03/11) - EU funds, another 43 projects chosen

(03/04) - Nuclear power, Saglia meets NEA officials

(02/26) - Robin Tax, operators go to court

(02/19) - Istat, sharp decline in oil and gas imports in 2009 (-36.5%)

(03/11) - Autogrill to operate 80 Esso service stations

(03/11) - Bioethanol/Etbe, quota allocation for 2010

(03/11) - Bioethanol, M&G plant ready in 2011

(03/04) - Falconara does not risk shutting down

(03/11) - Gas pipelines, Eni's commitments

(03/04) - Gas storage, rates remain same for all of 2010

(03/04) - Gas royalties, Economic Development Ministry communicates raw material prices

(02/26) - TAP gas pipeline, Italian route survey completed

(03/11) - Terna, modalities for assigning interruptible service in 2010

(03/11) - Nuclear power/1, Gazzetta Ufficiale publishes decree

(03/11) - Nuclear power/2, Frattini: contacts with Albania, Slovenia

(03/04) - Electricity, Terna becomes Italy-France interconnection manager

(03/18) - Solar power/2, SunEdison begins work on 72 MW

(03/18) - Solar power/3, Enovos-Avelar joint venture for Italy and France

(03/18) - Solar power/4, 2 MW in Puglia for SunPower with K6

(03/11) - Renewables, Enel is looking to merge assets with Endesa

(03/11) - Vestas, contract for 34 MW in Italy

(02/26) - Ansaldo Energia, 60mn contract from Isab Energy

(02/11) - Eni, Hyundai awarded $1.16bn contract in Goliat

(02/05) - Saipem, contracts for $370mn won

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