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Italy

Monday, April 13, 2015

Italy Oil & Gas News

Shell sells 185 UK petrol stations as retail divestments continue
Shell (RDSa.L) has agreed to sell 185 service stations across Britain to two independent dealers, it announced on Monday, further reducing its presence in the European retail energy market. Shell announced downstream and retail divestments last year in countries including Italy, Norway and Germany as part of cost cuts prompted by weak oil prices. Shell has agreed to sell 90 of 185 stations to ...

Shell set to sell 185 UK petrol stations
Oil giant Royal Dutch Shell has agreed to sell 185 service stations in the UK to two Motor Fuel Group and Euro Garages. The group, which has announced it will scale down its operations in Italy, Germany and Norway in a bid to cut costs to offset a decline in oil prices, said 68 of its 185 stations would be sold to Euro Garages, while 90 will be taken over by Motor Fuel, which currently manages ...

Italy begins cull of bacteria-infected olive trees in the south after EU alarm, French boycott
Forestry officials in southern Italy have cut down the first of thousands of olive trees infected with deadly bacteria in a controversial bid to prevent its spread.

First bacteria-infected olive trees felled in Italy
ROME (AP) — Forestry officials in southern Italy have cut down the first of thousands of olive trees infected with deadly bacteria in a controversial bid to prevent its spread.

Italy to cut down thousands of olive trees hit by deadly bacteria
The price of olive oil is expected to rocket as forestry officials in southern Italy yesterday began cutting down thousands of olive trees infected with a deadly bacteria.



Sunday, April 12, 2015

Italy Oil & Gas News

Oil price down, coffers full: now Big Petroleum is in the mood for mergers
The market conditions that saw the creation of ConocoPhillips and ExxonMobil in the 1990s are back. After Shell, who will be next to make a big deal?



Wednesday, April 1, 2015

Italy Oil & Gas News

After dry spell, Italy hails M&A boom
Megers and acquisitions in Italy in the first three months of 2015 are already double the value of such transactions for all of the previous year, with hungry investors encouraged by Prime Minister Matteo Renzi's reforms. Italy was the third most-targeted country in Europe in the first quarter of the year, accounting for 11.6 percent of European M&A activity, ahead of Germany and the Nordics ...



Sunday, March 29, 2015

Italy Oil & Gas News

Two tankers load oil at eastern Libyan ports for export -officials
A tanker bound for Italy was loading 600,000 barrels of oil at the Libyan port of Hariga on Sunday, an oil official said, the eighth loading at the eastern terminal this month as exports continue despite fights between armed factions. Rising exports from the ports of Hariga and Zueitina offer some hope for Libya's oil sector, which has been battered by Islamist militant attacks and fighting ...



Friday, March 27, 2015

Italy Oil & Gas News

Italy's top judges burn night oil mulling Knox fate
Judges at Italy's top court worked into the evening Friday mulling whether to uphold the murder conviction of Amanda Knox in what could be the final act of an eight-year legal drama. American Knox and her Italian ex-boyfriend Raffaele Sollecito were convicted last year for a second time of taking part in the 2007 killing of Meredith Kercher, a British student with whom Knox, then 20, shared a ...



Monday, March 23, 2015

Italy Oil & Gas News

Olive tree disease in Italy alarms EU
Brussels called for "complete vigilance" Monday to stop the spread of a strain of bacteria killing olive trees in southern Italy, the European Union's second biggest producer of olive oil. EU Health Commissioner Vytenis Andriukaitis said he would travel to Italy soon to study the effectiveness of measures to halt the epidemic of xylella fastidiosa, which emerged in 2013 and also threatens citrus ...






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