Category Archives: Italy

Press Releases & News from Italy distributed via EuropaWire

Eni announces successful initial results of its first horizontal well for exploring and developing unconventional oil reservoirs in West Texas

San Donato Milanese (Milan),  28-8-2014 — /EuropaWire/ — Eni announces the successful initial results of its first horizontal well (Stallings 1H) under the agreement with Quicksilver Resources, aiming at  jointly evaluating, exploring and developing unconventional oil reservoirs in the southern portion … Read the full press release

Enel Green Power, the National Renewable Energy Laboratory and Idaho National Laboratory to explore the potential of EGP’s innovative Stillwater hybrid power plant

The renewable specialist starts its collaboration with two US National Laboratories NREL and INL to use empirical data from the Stillwater Geothermal/Solar Project The parties will jointly explore and quantify the benefits of integrating renewable energy technologies at the same … Read the full press release

Eni discovers gas and condensates in the Nyonie Deep exploration prospect in offshore Gabon

The total estimated potential of these discoveries is approximately 3 billion boe, with potential for further improvement. Milan, 4-8-2014 — /EuropaWire/ — Eni has made an important gas and condensates discovery in the Nyonie Deep exploration prospect located in block D4, approximately … Read the full press release

Eni Myanmar B.V, and the Myanmar Production and Exploration Company Ltd to explore two onshore blocks in the central part of Myanmar

The Joint Venture is between Eni, the Operator with a 90% participating interest through Eni Myanmar B.V, and the Myanmar Production and Exploration Company Ltd (10%). Milan, 4-8-2014 — /EuropaWire/ — Eni, following its participation in the competitive International Bid Round … Read the full press release

Astaldi: US$ 600 million financing agreement for the second functional lot (Phase 2A) of the Gebze-Orhangazi-Izmir motorway in Turkey signed

Rome, 30-7-2014 — /EuropaWire/ — Astaldi has announced that the US$ 600 million financing agreement for the second functional lot (Phase 2A) of the Gebze-Orhangazi-Izmir motorway in Turkey has been signed. Overall, the initiative involves a total investment of US$ 6.5 … Read the full press release

Versalis (Eni) partners with CB&I to market and provide engineering services for Versalis’ LDPE and EVA technologies in North America

“The marketing of our LDPE and EVA through our partnership with CB&I has come to be part of the strategy Versalis is pursuing to strengthen its positioning internationally”, said Daniele Ferrari, Chief Executive Officer of Versalis. San Donato, Milan, 28-7-2014 — … Read the full press release

Piaggio & C. S.p.A. has stipulated a 5-year 220 million euro syndicated line of credit

Pontedera, Italy, 16-7-2014 — /EuropaWire/ — Piaggio & C. S.p.A. has stipulated a 5-year 220 million euro syndicated line of credit. The facility may be increased to a maximum of 250 million euro and has been underwritten for an initial … Read the full press release

EnBW Energie Baden-Württemberg AG acquires 50 percent stake owned by Eni group in EnBW Eni Verwaltungsgesellschaft mbH

Karlsruhe, Germany, 14-7-2014 — /EuropaWire/ — EnBW Energie Baden-Württemberg AG acquires the 50 percent stake owned by Eni group, Rome, in EnBW Eni Verwaltungsgesellschaft mbH, Stuttgart, and thus indirectly 50 percent of Gasversorgung Süddeutschland GmbH (GVS) and 50 percent of terranets … Read the full press release

Terna: June electricity consumption in Italy dropped by 0.8% compared to same month last year

ROME, 9-7-2014 — /EuropaWire/ — In June 2014, the electricity required in Italy, equal to 25.9 billion kWh, dropped by 0.8%, compared to June of last year. Without the effects of the temperature, the variation in the electricity demand for June … Read the full press release

City of Pisa and Deutsche Telekom with its partner firm Kiunsys launch smart city pilot project to test intelligent parking system

Pisa and Deutsche Telekom launch smart city pilot project to optimize inner city parking Intelligent parking guidance system installed to avoid traffic jams and reduce CO2 emissions Big data service analyzes historical traffic data Hannover, Germany, 30-6-2014 — /EuropaWire/ — The lengthy … Read the full press release

Eni signs Production Sharing Contract with PetroVietnam for exploration of offshore Block 122 in Phu Khanh Basin, Vietnam

This new agreement confirms Eni’s interest to continue and consolidate its presence in Vietnam, where the company returned in 2012 and operates already three offshore exploration blocks. Hanoi, 27-6-2014 — /EuropaWire/ — Eni’s Ceo, Claudio Descalzi, today signed in Hanoi with … Read the full press release

Eni granted three prospection permits by the Algerian state company Sonatrach in onshore southern Algeria

The initiative strengthens the already excellent relations between Eni and Sonatrach and Eni’s strong presence in the country. San Donato Milanese (Milan), 27-6-2014 — /EuropaWire/ — Eni has been granted three prospection permits by Sonatrach, the Algerian state company. The permits … Read the full press release

DTR Corporation and Magneti Marelli S.p.A. to establish joint venture for the acquisition of CF Gomma

The shareholding proportion will be 60% for DTR and 40% for Magneti Marelli MILAN, 23-6-2014 — /EuropaWire/ — DTR Corporation and Magneti Marelli S.p.A. have signed an agreement for the establishment of a Joint Venture aimed at the acquisition of CF Gomma, … Read the full press release

Eni and CNOOC signed new production sharing contract for the exploration of one block offshore Hainan island in the South China Sea

MILAN, 23-6-2014 — /EuropaWire/ — The Block covers an area of about 2,000 sqkm in the Qiongdongnan Basin in conventional waters. The exploration period will last 6.5 years, subdivided in 3 phases. San Donato Milanese (Milano), 20 June 2014 – Eni signed … Read the full press release

Fiat approves bond issuances for total amount of up to 4 billion euros

Turin, 16-6-2014 — /EuropaWire/ — The Board of Directors of Fiat met today and approved the issuance of one or more bonds, for a total amount of up to 4 billion euros – or equivalent amount in other currencies – to be … Read the full press release

Fiat S.p.A. approves the merger of Fiat into its wholly owned subsidiary Fiat Investments N.V.

Turin, 16-6-2014 — /EuropaWire/ — The Board of Directors of Fiat S.p.A. (“Fiat”) announced today that it has approved the cross border merger terms (“merger plan”) governing the merger of Fiat into its wholly owned subsidiary Fiat Investments N.V. This subsidiary, which … Read the full press release

Fiat: Gian Maria Gros Pietro to resign as member of the Company’s Board of Directors; Glenn Earle appointed member of Board of directors

Turin, 16-6-2014 — /EuropaWire/ — Effective June 23, Gian Maria Gros Pietro, Chairman of the Management Board of Intesa Sanpaolo S.p.A., will resign as a member of the Company’s Board of Directors on the grounds of the upcoming entry into force … Read the full press release

Zumtobel to support two art projects with advice and lighting solutions at the Biennale Architettura 2014 in Venice

Dornbirn, Österreich, 12-6-2014 — /EuropaWire/ — Curated by Rem Koolhaas, the Biennale Architettura 2014 in Venice opened its doors last weekend. In the context of the most important exhibition of contemporary architecture the Zumtobel brand is involved as a sponsor, supporting two … Read the full press release

Banca Monte dei Paschi di Siena S.p.A. to dispose non performing loans portfolio to securitization vehicle financed by Fortress Investment Group LLC affiliates

SIENA, 10-6-2014 — /EuropaWire/ — Banca Monte dei Paschi di Siena S.p.A. (“BMPS”) signed yesterday a binding agreement for the disposal pro soluto of a non performing loans portfolio to a securitization vehicle financed by affiliates of Fortress Investment Group LLC. … Read the full press release

Terna appointed Matteo Del Fante as CEO and General Director

Rome, 30-5-2014 — /EuropaWire/ — At today’s (27/05/2014) meeting in Rome, for the first time under the chairmanship of Catia Bastioli, the new Board of Directors of TERNA S.p.A. was elected at today’s Shareholders’ General Meeting. The Board unanimously appointed Matteo Del … Read the full press release