Meloni Says It's 'Too Early' to Tap Russian Gas
Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas.
Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas.
Oil prices fell sharply as signs of renewed US-Iran talks reduced immediate supply fears.
Eni announced a 'significant' gas and condensate discovery offshore Egypt.
Oil futures dipped on the news.
Uniper and NGEN began construction for a 50-MW battery energy storage project on the site of Uniper's former coal power plant in Wilhelmshaven, Germany.
The power and gas utility acquisitions add about 1.2 million customers to Eni's Plenitude.
'Namibia is a region attracting growing industry interest and has a number of exciting frontier basins'.
The Strait of Hormuz is now essentially fully closed, SEB Chief Commodities Analyst Bjarne Schieldrop said.
The European Commission is consulting member states on a draft proposal to relax state aid limits, aimed at protecting market competition, in response to spikes in energy prices brought about by the Middle East war.
The U.S. and Iran are weighing further negotiations to extend a two-week ceasefire as President Donald Trump presses ahead with a naval blockade to curb the Islamic Republic's oil exports.