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Italy lets diesel tax cut expire as Europe tackles fuel costs

The Meloni government has neither renewed the diesel tax cut nor launched the replacement scheme it had promised. EU leaders meet on 15–16 October, while European governments pursue different measures to ease fuel costs.

Euronews · 6h ago

Fuel prices in Italy: tax cuts end, diesel rises and hauliers threaten strikes

With tax breaks expiring and the decree on flexible excise duties delayed, diesel prices are rising again. The haulage sector warns of a strike as the government summons oil companies that have introduced initial capped prices.

Euronews · Oct 6

Italy's fuel crisis: SOCAR announces price cap at IP stations

State-owned Azerbaijani group SOCAR is introducing a gradual price cap on the IP network after buying Italiana Petroli; from Monday a maximum price for petrol and diesel will also apply at ENI filling stations.

Euronews · Sep 27

BP returns to Venezuela with Gulf partners as post-Maduro energy opening speeds up

Venezuela has awarded BP a licence to develop the offshore Loran gas field alongside state-backed partners from the UAE and Qatar, marking the British company's return to a country whose energy sector has been reopening to foreign investors since US forces captured Nicolás Maduro.

Euronews · Aug 14

Cypriot natural gas could start flowing from ExxonMobil's discoveries by 2033

Natural gas could start flowing from two undersea deposits ExxonMobil discovered off Cyprus by 2033, the company's Vice President of Global Exploration John Ardill said, helping to turn the east Mediterranean island nation into a new European energy hub

The Independent UK · Jun 30

Scottish-based oil firm’s contested Gaza gas project hits new obstacle

AN energy consortium led by a Scottish-based oil firm looking to help Israel extract gas in waters claimed by Palestine is at risk after a major…

The National (Scotland) · Jun 24

Egypt marks record year for gas discoveries amid domestic shortage

Egypt’s recent Eni-linked gas finds have lifted hopes of an upstream revival, but analysts say import pressure is unlikely to ease soon.

Euronews · May 27

The Italian maxi-plant changing the energy balance in Libya

Eni's maxi module starts from Ravenna to Libya: less waste, more gas and an increasingly strategic Italy-Libya axis in the Mediterranean

Euronews · May 7

European earnings preview: Who wins and who loses from the Iran war?

Eurozone growth has been cut, inflation is surging and the Middle East conflict has shattered the consensus growth story for European corporates. From Paris to Munich, earnings season begins next week.

Euronews · Apr 8

Gas discovery off Egypt's coast comes at a critical moment for Iran war

ENI and Egypt have announced a significant gas discovery in the Eastern Mediterranean — a potential boost for Cairo as the Iran war sends energy import costs rocketing.

Euronews · Apr 7