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.

Italy: weaning itself off Russian gas with the help of the REPowerEU plan

Italy has declared its intention to use EU funds from the REPowerEU plan to wean itself off Russian gas completely and become an energy hub for the EU. With a total budget of €300 billion, the REPowerEU plan aims to end the EU's dependence on Russian fossil fuels and combat the climate crisis.

Enel increases its production of photovoltaic panels in Catania

Enel has announced a strategic expansion project for Italy and Europe financed by European funds where 600 million euros will be invested to create a gigafactory that will provide 3 gigawatts of renewable energy, which will contribute to a significant impact on the rate of global environmental production.

Eni Sustainable Mobility develops sustainable mobility

Eni announces Eni Sustainable Mobility, its new company dedicated to sustainable mobility developing bio-refining, biomethane.
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Siri and DecaL equipped with Vestas wind turbines

Siri and DecaL, two onshore wind farm projects of the De Vizia Group in Italy, will have Vestas wind turbines.

In Italy, Enfinity Global invests in solar energy

In Italy, Enfinity Global has concluded a long-term financing and a VAT financing for three solar power plants.

Piombino, LNG before the courts in Italy

In Piombino, Italy, the administrative court rejects a request for a preventive halt to work on a new LNG terminal.
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Enel wants to reduce the olfactory impact of geothermal wells

Enel Green Power is seeking projects that will eliminate or reduce the odor impact of atmospheric geothermal well testing.

Italy: seven energy suppliers in the sights of the competition authorities

Italy's competition watchdog has announced that it has opened investigations against seven energy groups.

Italy: Sale of the refinery of Loukoïl in Italy: the government gets involved

The Italian nationalist government warned on Friday that it would have a say in the sale of the Sicilian refinery of the Russian oil giant Lukoil, asking in particular the candidates for the purchase to ensure "the development of the production pole".
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Plenitude acquires PLT and strengthens its position in Italy

Plenitude signs an agreement to acquire PLT, an Italian group producing electricity from renewable energy sources.

JUWI acquires GEMdev and its solar projects

JUWI completes the acquisition of 70% of GEMdev, an Italian company specialized in photovoltaic development.

Lukoil hopes to sell its refinery in Sicily before the end of the year

Russian oil giant Lukoil is in negotiations to sell its Priolo refinery in Sicily by the end of the year.
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Selinus strengthens RWE’s presence in Italy

Selinus, the 25MW onshore wind farm in Sicily, the 17th to be built by RWE, will supply 22,000 Italian households with green electricity.

EQTEC recovers waste for hydrogen

EQTEC Plc announces the commissioning of its Market Development Center (MDC) located in Italy, for December.

Italy faces strategic choices

In Italy, the city of Piombino is taking legal action against a government-backed LNG terminal project.
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Algeria: HDLE/HDLS start-up

In Algeria, the Italian company Eni announces the start-up of the HDLE/HDLS oil field in the Zemlet el Arbi concession.

Prysmian invests in a new cable ship

Prysmian Group announces a €200 million investment to expand its fleet of cable laying vessels.

Eni and PASQAL collaborate on quantum solutions

Eni and PASQAL announce collaboration to develop HPC solutions for the energy sector using quantum computing.
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Enel plans to reduce its debt by selling €21 billion of assets

Enel announced on Tuesday that it plans to sell off assets worth €21 billion as part of its 2023-2025 strategic plan

Italy wants to save a Lukoil refinery

Italy wants to save a refinery owned by Lukoil in Sicily, including by asking the European Union for a temporary derogation.