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W. Africa Crude-Ample supply weighs on differentials

W. Africa Crude-Ample supply weighs on differentials LONDON, March 27 (Reuters) - West African crude differentials stayed under downward pressure on Monday amid ample supply and weaker demand. * Strikes in France have led to the closure of some refining capacity . Normally, Europe including France's large refining system helps to absorb overhangs of West African crude.
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Japan's TEPCO to develop 1.9 GW of offshore wind power in Scotland

Japan's TEPCO to develop 1.9 GW of offshore wind power in Scotland TOKYO, March 27 (Reuters) - Tokyo Electric Power Company Holdings (TEPCO) 9501.T said on Monday that it had won the rights to develop up to 1.9 gigawatts (GW) of floating offshore wind capacity across two projects in Scotland together with Norway-based company Vargronn. Many once-conventional energy and power companies around the globe are switching their attention to renewable energy, such as solar, wind and biofuels, to cut pol
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Italy - Factors to watch on March 27

Italy - Factors to watch on March 27 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY ECB releases February data on Italian banks domestic government bond holdings (0800 GMT).
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Libya signs South Refinery contract with Honeywell

Libya signs South Refinery contract with Honeywell TRIPOLI, March 26 (Reuters) - A subsidiary of Libya's state-owned National Oil Corp (NOC) said on Sunday it had signed a contract with U.S.-based Honeywell HON.O for engineering work on the planned South Refinery project, likely to cost between $500 million and $600 million. NOC subsidiary Zallaf For Oil And Gas Co said in a statement the project would be carried out in two phases but did not issue a schedule for works.
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Italy to April 30

DIARY - Italy to April 30 Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event. SATURDAY MARCH 25 Rome, business lobby Confindustria presents economic forecasts report "The Italian economy between rising rates and high inflation" (0930 GMT); Industry Minister Adolfo Urso expected to attend (1100 GMT).
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Eni Launches Sustainable Supply Chain Finance Programme

BRIEF-Eni Launches Sustainable Supply Chain Finance Programme March 24 (Reuters) - Eni ENI.MI : LAUNCHES “SUSTAINABLE SUPPLY CHAIN FINANCE” PROGRAMME TO SUPPORT ACCESS TO CREDIT FOR COMPANIES COMMITTED TO SUSTAINABLE DEVELOPMENT CRÉDIT AGRICOLE AND UNICREDIT PICKED AS BANKING COUNTERPARTS Further company coverage: ENI.MI (Gdansk Newsroom)
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Neptune Energy Pushes On With $5 Bln Sale As Eni Talks Cool - Bloomberg News

BRIEF-Neptune Energy Pushes On With $5 Bln Sale As Eni Talks Cool - Bloomberg News March 23 (Reuters) - NEPTUNE ENERGY PUSHES ON WITH $5 BILLION SALE AS ENI TALKS COOL - BLOOMBERG NEWS Source text: https://bloom.bg/3Z8BVIT Further company coverage: ENI.MI
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Big Oil's climate targets

FACTBOX-Big Oil's climate targets Adds details on Exxon, Repsol, Chevron March 22 (Reuters) - The world's top oil and gas companies have set varying targets to reduce greenhouse gas emissions from their operations and the use of the products they sell. Scientists say the world needs to cut greenhouse gas emissions by around 43% by 2030 from 2019 levels to have any hope of meeting the Paris Agreement goal of keeping warming well below 2C above pre-industrial levels.
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Italy to April 30

DIARY - Italy to April 30 Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event. THURSDAY MARCH 23 Treasury announces sale of BTP Short and BTPei bonds, with relative amounts to be auctioned on March 28. Rome, Chamber of Deputies Speaker President Lorenzo Fontana receives Moldovan Ambassador to Italy Anatolie Urecheanu (1300 GMT).
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Plenitude, CDP JV Partners With CIP To Develop Three Offshore Wind Farms

BRIEF-Plenitude, CDP JV Partners With CIP To Develop Three Offshore Wind Farms March 22 (Reuters) - Eni SpA ENI.MI : JV GREENIT SIGNS PARTNERSHIP WITH COPENHAGEN INFRASTRUCTURE PARTNERS TO DEVELOP THREE 2GW OFFSHORE WIND FARMS IN ITALY WIND FARMS TO BE OPERATIONAL BETWEEN 2028-2031 Further company coverage: ENI.MI (Gdansk Newsroom)
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Italy's Meloni meets allies over top jobs at state-run firms

Italy's Meloni meets allies over top jobs at state-run firms By Giuseppe Fonte ROME, March 21 (Reuters) - Italian Prime Minister Giorgia Meloni was meeting allies on Tuesday to discuss who to pick for the top jobs at key state-run firms, political sources said. Several senior roles are up for grabs in the coming days, including the chairmen and CEOs of energy groups Eni ENI.MI and Enel ENEI.MI , bailed-out bank Monte dei Paschi di Siena (MPS) BMPS.MI and defence group Leonardo LDOF.MI .
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Angola LNG operating at reduced rates, tenders withdrawn- sources

Angola LNG operating at reduced rates, tenders withdrawn- sources By Marwa Rashad LONDON, March 21 (Reuters) - Angola's only liquefied natural gas (LNG) project, Angola LNG, has recently cancelled tenders due to production issues at its plant, trading sources told Reuters on Tuesday. The company has cancelled two sell tenders that were due to close on March 22 and 27 for April cargoes because of issues at the plant, the sources said.
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Big Oil's climate targets

FACTBOX-Big Oil's climate targets Updates BP, TotalEnergies, adds detail on what scientists says is needed in terms of emissions cuts March 21 (Reuters) - The world's top oil and gas companies have set varying targets to reduce greenhouse gas emissions from their operations and the use of the products they sell. Scientists say the world needs to cut greenhouse gas emissions by around 43% by 2030 from 2019 levels to have any hope of meeting Paris Agreement goal of keeping warming well below 2C ab
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Shell revives German refinery sale as Russian ownership cleared

Shell revives German refinery sale as Russian ownership cleared By Marek Strzelecki and Ron Bousso WARSAW/LONDON, March 21 (Reuters) - Shell SHEL.L has relaunched the sale of its stake in the PCK Schwedt C}RO7309414219 oil refinery outside Berlin after the German government last year took control of the plant from its Russian operator, industry sources told Reuters.
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Lukoil-backed Congo project to begin LNG output in December -media

Lukoil-backed Congo project to begin LNG output in December -media MOSCOW, March 20 (Reuters) - A senior executive at Russia's Lukoil LKOH.MM energy company said a project in the Congo in which it is involved will begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative will produce around 600,000 tonnes of LNG per year, and that Lukoil plans to boost total LNG output at the Marine XII oil and gas project i
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Italy - Factors to watch on March 20

Italy - Factors to watch on March 20 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy wants the International Monetary Fund (IMF) to unblock a $1.9 billion loan to Tunisia , fearful that without the cash, the country will be destabilised, unleashing a new wave of migrants towards Europ
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No license has been awarded to Eni, Lukoil in Congo, Eni spokesman says

No license has been awarded to Eni, Lukoil in Congo, Eni spokesman says MILAN, March 17 (Reuters) - No license has been awarded to Eni ENI.MI and partners to date, a spokesman for the Italian energy group said on Friday, regarding a report that Russia's Lukoil LKOH.MM and Eni had won two of Congo's offshore energy blocks. The alleged award, announced earlier on Friday by Russian news agencies , refers to a bid held in 2018, which was suspended in 2020 and has still not been completed, Eni's spok
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Lukoil-Eni Congo license bid moves forward, not yet awarded

UPDATE 3-Lukoil-Eni Congo license bid moves forward, not yet awarded Recasts with reports saying bid has moved forward, not completed MILAN/MOSCOW, March 17 (Reuters) - A joint bid between Lukoil and Eni for the rights to two of Congo's offshore energy blocks has moved forward, but has not yet completed, Interfax reported on Friday, citing a Lukoil executive and correcting previous agency reports that the contract had already been awarded .
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ENI, UniCredit Sign Partnership Around Open-es

BRIEF-ENI, UniCredit Sign Partnership Around Open-es March 17 (Reuters) - Eni ENI.MI : ENI AND UNICREDIT PARTNER AROUND OPEN-ES, AN OPEN ALLIANCE FOR SUSTAINABLE GROWTH AND COLLABORATION Further company coverage: ENI.MI (Gdansk Newsroom)
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Italy to April 30

DIARY - Italy to April 30 Inclusion of diary items does not necessarily mean that Reuters will file a story based on the event. SATURDAY MARCH 18 Naples, "Feuromed, Euro-Mediterranean Economy Festival" ends (0800 GMT); on Saturday Foreign Minister Antonio Tajani, UniCredit CRDI.MI Chairman Pier Carlo Padoan deliver opening addresses; expected attendees include at first round-table discussion "PNRR and the re-globalization" European Parliament Industry Committee Vice President Patrizia Toia, Euro
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