AGP Executive Report
Last update: 10 hours agoNuclear Return in Italy: Italy’s lower house has backed legislation to restart nuclear power use, a move aimed at easing energy costs and boosting supply security as public support grows. Gas & Infrastructure: Saipem has installed a new gas recovery module for the Bouri Gas Utilization Project offshore Libya, supporting Eni’s JV push to cut flaring and reach zero flaring by 2030. Oil & Markets: Azerbaijan’s Azeri Light crude price at Italy’s Augusta port slipped below $100/bbl, underscoring how quickly global benchmarks can move. Refining & Trade: SOCAR has completed its takeover of 99.82% of Italiana Petroli, expanding its European refining and retail footprint and strengthening crude and gas supply links into Italy. Energy Policy Watch: The EU is weighing energy spending flexibility and fiscal room as member states face higher energy costs, with Italy pressing for room under EU rules.
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