Italia

Newcleo considers shifting €16bn nuclear projects from the UK to the United States

Faced with shorter approval timelines, several European nuclear firms, including Newcleo, Orano and Urenco, are considering relocating key industrial investments to the United States.

The “Belém 4x” pledge targets global sustainable fuels surge by 2035

Nineteen countries, led by Brazil, Italy, Japan and India, aim to quadruple sustainable fuel production by 2035, marking a major industrial and regulatory challenge for global energy and transport supply chains.

BW Ideol secures up to €74mn for concrete floater plant in Fos-sur-Mer

The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
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Engie maintains its 2025 targets despite pressure on energy prices

Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.

Gunvor rules out resale of Lukoil assets to Russia after acquisition

Commodities trader Gunvor confirmed that the assets acquired from Lukoil will not return under Russian control, despite potential sanction relief, amid growing regulatory pressure.

GreenYellow and Sasol Italy launch the construction of a 5.1 MWp solar plant in Lombardy

GreenYellow and Sasol Italy announce the start of construction of a 5.1 MWp photovoltaic solar plant in Terranova Dei Passerini. This project aims to strengthen Sasol’s energy independence in Italy while contributing to the industrial energy transition.
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Pakistan cancels 21 Eni LNG cargoes and seeks to renegotiate its contracts with Qatar

Pakistan cancels 21 planned LNG cargoes from Eni due to a gas surplus and negotiates with Qatar for potential deferment or resale of shipments.

Le TAP augmente ses nominations de gaz aux interconnexions européennes clés

Les nominations du Trans Adriatic Pipeline progressent à Melendugno, Nea Mesimvria et Komotini, signalant davantage d’offre pipeline et une flexibilité accrue pour les expéditeurs face aux arbitrages avec le gaz naturel liquéfié.

Eni and PETRONAS Create an ASEAN Upstream NewCo, $15B in Investments

The joint venture combines 19 assets (14 in Indonesia, 5 in Malaysia), aims for 300 kboe/d initially and >500 kboe/d, and focuses investments on gas to supply Bontang and the Malaysia LNG complex in Bintulu.
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Volkswagen secures 400 GWh of Guarantees of Origin from Enfinity in Italy

Enfinity Global has signed a ten-year agreement with VW Kraftwerk GmbH for the annual supply of 40 GWh of Guarantees of Origin from its photovoltaic power plants in Italy.

Prysmian raises annual targets after record Q3 performance

The Italian industrial cable manufacturer posted revenue above €5bn in the third quarter, driven by high-voltage cable demand, and adjusted its 2025 guidance upward.

80 Mile PLC takes full control of Ferrandina and signs three key agreements in Italy

80 Mile PLC has completed the full acquisition of Ferrandina in Italy and signed three memorandums of understanding with major energy groups, securing the supply and processing of 120,000 tonnes of biofuels per year.
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Korkia and Evolution Power secure approval for 250 MW solar project in the UK

The UK government has authorised the construction of the Stonestreet Green Solar project, combining 150 MWp of solar capacity and 100 MW of battery storage, marking a major step for Korkia and Evolution Power’s infrastructure portfolio.

Italian court approves extradition of Ukrainian suspect in Nord Stream case

An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.

Sonatrach replaces its CEO as internal tensions mount

Algeria has removed Rachid Hachichi from the leadership of Sonatrach, two years after his appointment, replacing him with Noureddine Daoudi, former head of the National Agency for the Valorisation of Hydrocarbon Resources.
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QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.

Eni raises 2025 targets after 54% surge in quarterly net profit

Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.

Eni phases its biorefineries to 1.65 Mt/y and secures financing

Enilive aligns conversions in Italy, hubs in Asia and U.S. diversification, with rising HVO margins, integrated pretreatment and HVO/SAF offtakes tied to European requirements, supporting volumes, site utilization and operational guidance.
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Newcleo awards $81mn contract to NEXT-N for advanced modular reactors

French developer Newcleo launches a joint venture with Nextchem through a EUR70 mn contract to design the conventional island of its upcoming 200 MW modular nuclear reactors.

European Union faces 21.5 mtpa shortfall on carbon storage targets

A Wood Mackenzie study reveals that the EU’s carbon storage capacity will fall more than 40% short of the 2030 targets set under the Net Zero Industry Act.

Snam acquires Edison’s gas storage assets for 630 million euros

Edison sells its gas storage division to Snam, valuing the assets at 560 million euros, with possible price adjustments up to 630 million.

Enel Reports 65% Increase in Half-Year Profit

Italian energy giant Enel reported a 64.9% increase in first-half net profit to €4.1 billion, despite falling electricity and gas prices.

A2A and Enfinity Global sign 134 MW solar PPAs in Italy

A2A and Enfinity Global seal new agreements to supply 134 MW of solar power in Italy, reinforcing their commitment to the energy transition.
Accord stratégique solaire Italie

SudH2 hydrogen corridor: Italy includes Switzerland in its project

This autumn, Italy presents the SudH2 hydrogen corridor, linking the Mediterranean to Northern Europe, including Switzerland.

KKR in negotiations to acquire a stake in Enilive, a subsidiary of Eni

KKR is negotiating the purchase of 20-25% of Enilive, Eni's biofuels unit, valued at between 11.5 and 12.5 billion euros.

EDF and Federacciai join forces to decarbonize Italian steel with nuclear power

EDF, Federacciai, Edison and Ansaldo join forces to use nuclear power to decarbonize Italy's steel industry, reviving the country's nuclear option.

Italy overtakes fossil fuels with its ENR production

In June, Italy reached an all-time high by producing more electricity from renewable sources than from fossil fuels, marking a key step towards its climate targets.

Eni to launch its second FLNG plant in Congo by the end of 2025

Eni plans to launch a new FLNG facility in Congo, increasing export capacity to 4.5 billion m³ per year.

R.Power inaugurates a new 4.8MWp photovoltaic farm in Portugal

Polish developer R.Power has inaugurated a new 4.8 MWp photovoltaic farm in Serta, Portugal, strengthening its presence in the local market.
Expansion photovoltaïque au Portugal

Europe: Reducing Refining Capacity in the Face of Energy Transition

Europe's once-thriving refining industry is gearing up for a historic capacity reduction, driven by the pressures of the energy transition and falling margins.

25% reduction in gas consumption in European power plants

European power plants are expected to reduce their gas consumption by 25% this summer, thanks to increased solar and hydro capacity.

Synthetic Fuels: Ursula von der Leyen and the Future of Thermal Power

The President of the European Commission, Ursula von der Leyen, supports synthetic fuels to achieve climate neutrality for vehicles by 2035, despite controversy.
Synthèse pour véhicules thermiques

Côte d’Ivoire: Towards a promising future in fossil fuels

The Ivorian economy, historically based on agriculture, is now evolving thanks to the discovery of vast oil and gas deposits. In less than three years, the country has become a major player in the global energy industry.

Atawey becomes European leader in hydrogen stations

Atawey buys McPhy's charging station business for 12 million euros, becoming Europe's leading hydrogen station operator with 70 installed stations.

Redelio Renewables LLC: 2.4 GW Energy Storage Ambition in the U.S.

Redelio Renewables LLC aims to develop up to 2.4 GW of battery energy storage systems (BESS) in the United States, boosting energy storage capacity.
Redelio Renewables stockage d'énergie

Stopping gas transit via Ukraine redefines LNG routes

The end of Russian gas transit via Ukraine is forcing Europe to reorganize its LNG and pipeline supplies.

Italy: Edison, Framatome and Politecnico di Milano for nuclear energy

Edison, Framatome and Politecnico di Milano join forces to revive nuclear energy in Italy, focusing on safer, more innovative technologies.

JinkoSolar Partners with RELC and VI for 10 GW Plant in Saudi Arabia

JinkoSolar, RELC and VI announce a $1 billion investment for a solar cell and module production plant in Saudi Arabia with an annual capacity of 10 GW.
Partenariat stratégique en Arabie

Octopus Energy: New Onshore Wind Projects in England

Octopus Energy announces new onshore wind projects following the lifting of the moratorium in England, boosting the renewable energy sector.

Leeward Renewable secures USD 1.25 billion for renewable energy projects

Leeward Renewable Energy (LRE) has announced the closing of a $1.25 billion financing to accelerate the construction of 890 megawatts of wind, solar and energy storage projects.