News | APHRAOH

#oilprice.com. × Italy’s Grid Operator to Invest $25 Billion to Back Renewables Rise | OilPrice.com. Italy's power grid operator Terna SpA plans to invest over $25 billion in the next ten years to integrate renewable energy sources and enhance grid transport capacity.

#oilprice.com. × Italy Plans $3 Billion Aid Package Due to High Energy Prices | OilPrice.com. Italy will allocate $3.14 billion to support households and small businesses facing high energy costs, with the aid package expected to last three months.

#oilprice.com. × Eni Misses Q4 Profit Estimate as Oil Prices and Refining Margins Dip | OilPrice.com. Eni reported a 46% drop in adjusted net profit for Q4 2024, due to lower oil and gas prices and refining margins, despite increased production.

#oilprice.com. × Development Banks Have $56-Billion Plan to Boost Africa’s Access to Electricity | OilPrice.com. International lenders have pledged an additional $8 billion to support a $48 billion World Bank and African Development Bank project aimed at bringing electricity to 300 million Africans by 2030.

#oilprice.com. × Italy to Begin Gas Refilling Next Month to Avoid Price Spikes | OilPrice.com. Italy plans to begin refilling its natural gas storage facilities early this year to avoid potential price spikes during the summer months.

#oilprice.com. × Italy Will Finalize Plan to Return to Nuclear Power by 2027 | OilPrice.com. Italy plans to finalize legislation by 2027 to reintroduce nuclear power generation using small modular reactors (SMRs) as part of its decarbonization strategy.

#oilprice.com. × European and African Countries Back Green Hydrogen Pipeline Project | OilPrice.com. Italy, Austria, and Germany are collaborating on the SouthH2 Corridor project to transport green hydrogen from North Africa to Europe.

#oilprice.com. × Italy’s Natural Gas Demand Slumps to 15-Year Low | OilPrice.com. Italian natural gas consumption fell by 2.5% in 2024 to its lowest level in 15 years due to high prices and increased energy efficiency.

#oilprice.com. × Saudi Arabia and Italy Sign Energy Cooperation Deal | OilPrice.com. Italy and Saudi Arabia on Tuesday signed a cooperation agreement in the energy sector, with an emphasis on renewable energy,

#oilprice.com. × Germany And Italy Have Replaced Russian Gas Via Ukraine | OilPrice.com. Central European gas flows have fully adapted to the end of Russian gas supply via Ukraine, with Germany and Italy making up the shortfall

#oilprice.com. × Italy Urges EU to Set Much Lower Cap on Natural Gas Prices | OilPrice.com. Italy's energy minister proposes extending the EU's natural gas price cap but with a significantly lower threshold to provide continued protection from high energy bills.

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