Showing posts with label Enel. Show all posts
Showing posts with label Enel. Show all posts

Friday, September 13, 2019

ENERGY: Cyprus receives intense international interest for gas supply tender - FINANCIAL MIRROR

13 September, 2019

The first phase of Cyprus Gas Company’s (DEFA) tender process for the supply of liquefied natural gas (LNG) has triggered considerable interest from major international players such as Shell, BP, Eni and Total.

According to DEFA, 25 suppliers, among the most dominant in the global LNG market, are seeking to supply gas to Cyprus and have submitted the prerequisites to qualify for the next stages of bidding and negotiation.

“The intense market competition for LNG supplies confirms that the strategy to acquire an FSRU was a decision toward the right direction,” a DEFA statement said.

Bidders/suppliers participating in the next round of bidding and negotiating are; Gunvor International B.V. Amsterdam, Naturgy LNG Marketing, Centrica LNG, Endesa Energia, Cheniere Marketing International LLP, Equinor ASA, Novatek Gas & Power Asia Pte, Shell International Trading Middle East, Enel Global Trading, Eni Trading & Shipping, Total Gas & Power Asia Private, Osaka Gas Kabushiki Gaisha, Powerglobe LLC, Repsol LNG Holding, Petronas LNG, BP Gas Marketing, Vitol, B.B. Energy (ASIA), Mytilineos, Uniper Global Commodities SE, Marubeni Corporation, SONATRACH and Public Gas Corporation (DEPA), Eni (Gas & LNG Marketing and Power), Glencore Energy UK and Mitsui & Co.

Wednesday, April 4, 2018

Exclusive - Italy's Edison launches spin-off of oil & gas unit: sources - REUTERS

APRIL 4, 2018 / 3:17 PM
Clara Denina, Ron Bousso

LONDON (Reuters) - Italian energy group Edison (EDNn.MI), part of French utility EDF (EDF.PA), is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail business, four industry sources said.

Edison has selected investment banks Rothschild (ROTH.PA) and Perella Weinberg to organise an auction for the exploration and production division, which could be valued at $2 billion (1.43 billion pounds) to $3 billion, one of the sources said.

The company has been looking to increase the size of its domestic electricity and gas retail business, betting on the market opening up to more competition, with retail energy customers increasingly able to chose their supplier.

Edison and EDF declined to comment. Rothschild declined to comment. Perella Weinberg did not respond to a request for comment.

Sunday, July 2, 2017

Italy’s energy strategy - IN CYPRUS / CYPRUS WEEKLY

July 2, 2017
Charles Ellinas

After going through an extensive public consultation process, Italy published its Energy Strategy earlier this month. It provides a framework for future energy developments in Italy with four key goals as follows:


  • Reduce energy costs and spending
  • Achieve environmental goals in line with COP21 and EU targets
  • Improve security of supply and system flexibility
  • Develop the energy sector.
It covers the period to 2030 and is expected to bring Italy’s Energy Strategy in line with the latest climate and energy plans and objectives approved at the European and international level.

Given Italy’s interest in East Med gas and its importance to the regions energy future,
I cover its new Energy Strategy in detail in this article.

Wednesday, January 18, 2017

European interest in Israeli gas deepens - GLOBES

18 Jan, 2017 18:33
Amiram Barkat

The Energy Ministry director general will meet counterparts from Italy, Greece, and Cyprus to discuss a gas pipeline from the Leviathan reservoir.
High-level contacts between Israel and European countries on laying a gas pipeline from the Leviathan natural gas reservoir are about to take place. Sources inform "Globes" that Ministry of National Infrastructure, Energy, and Water Resources director general Shaul Meridor will travel to Brussels next Monday to meet his counterparts from Italy, Greece, and Cyprus in the European Commission offices. The meeting is designed to pave the way for a summit between the four countries' energy ministers next month in Israel.

Wednesday, October 1, 2014

Greece Expects To Sign Major Oil Test Drilling Contracts By October 2015 | Reuters

Greece Expects To Sign Major Oil Test Drilling Contracts By October 2015
by Reuters |Wednesday, October 01, 2014


ATHENS, Oct. 1 (Reuters) - Greece expects to sign contracts for the first large-scale oil test drilling in its western and southern waters by October 2015, ministry officials said, as the debt-laden country attempts to develop its untapped energy potential.