Italy is raising the windfall tax on energy companies in its 2023 budget bill to fund additional help to consumers amid high energy prices and inflation. In the $36-billion (35 billion euros) budget law the government approved early on […]
As part of its plans to reduce the hardships produced by soaring energy costs on businesses and households, Italy is preparing to set aside €15 billion ($14.6 billion), according to a new Reuters report. The […]
Hard-right leader Giorgia Meloni was sworn in as Italy’s first female prime minister amid looming questions over her coalition partners’ stance towards Russia. The 45-year-old leader recited the ritual oath of office before Italian President […]
Eni SpA is working with Gazprom PJSC and Austria to restore Russian natural gas flows to Italy after supplies were halted on Saturday in an apparent scuffle over regulation. Options include a cash guarantee from […]
Skyrocketing energy bills are threatening to shutter over 100,000 businesses in Italy, according to Carlo Sangalli, head of the Italian business association Confcommercio. In an interview with news outlet Corriere della Sera, Sangalli said, “Already […]
ENB Pub Note: I agree with Tuomas on his excellent opinion piece. Sadly, the only thing that can keep Europe out of a total Depression is to approve Nord Stream 2. That was Putin’s goal […]
ENB Pub Note: Let us know your thoughts below in the form, and we will publish the findings. Thanks! Four leading Italian scientists have undertaken a major review of historical climate trends and concluded that declaring a […]
MILAN, Sept 14 (Reuters) – Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni’s (ENI.MI) chief executive said on Wednesday. Italy has already secured additional gas imports from Algeria and […]
On Wednesday oil prices plummeted, as global benchmark Brent crude fell below $90 per barrel, and American benchmark West Texas Intermediate (WTI) landed at around $85 per barrel. According to data from London’s Intercontinental Exchange, […]
When thinking about the impact of droughts on economic activity, the agricultural sector is the first that comes to our mind. This sector is indeed highly sensitive to weather variability, with the fall in crop […]
Copyright © 2025 | Sandstone Group