Italy Overview

ACWA Power and Snam have signed an MoU for green hydrogen and ammonia infrastructure linking Saudi Arabia and Europe.

A new 22-MWp solar farm at Rome's Fiumicino Airport will lower CO2 emissions by 11,000 tonnes per year.

Italy's state railway company, Ferrovie dello Stato, plans to invest EUR 1.3 billion in solar.

KKR will take a 25% stake in Enilive, Eni’s sustainable mobility and biorefining subsidiary, for €2.9 billion.

Eni has started production from the Argo Cassiopea gasfield in the Strait of Sicily.

Eni has halved methane emissions compared to 2018 levels, Reuters reported on Wednesday, citing CEO Claudio Descalzi.

Kuwait's Q8 has reached an agreement for the purchase of 50% of Italian biofuel manufacturer Eco Fox.

Saipem has reported a strong performance in 2023, securing €18 billion in new orders and recording its highest net income in 10 years.

Angola’s first non-associated gas project is designed to maintain the country's relevance during the energy transition.