CNBC. An Italian court has sentenced the chief executive of Italian oil and gas group Eni to a prison sentence and a ban from holding public office for violating environmental norms, a court document showed on Monday.
A ruling by a court in the north-eastern town of Rovigo said Eni CEO Paolo Scaroni had been sentenced to three years in prison and was banned from holding public office for five years.
Scaroni told CNBC he was shocked by the decision, which he said referred back to events that took place between 2002 and 2005.
"I am in no way involved in…
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BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.
ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.
Renewable energy sources generated approximately 33 per cent of Great Britain’s electricity over the first quarter of 2019, according to new figures published by energy consultancy EnAppSys, with wind energy accounting for over 60% of renewable generation.
To further explore opportunities for bilateral energy expansion, Turkish Energy and Natural Resources Minister Fatih Dönmez and German Federal Minister for Economic Affairs and Energy Peter Altmaier met in Ankara for the second Turkish-German Energy Forum in October last year to sign a letter of intent to enhance the Turkish-German energy partnership.