Italy's Edison said on June 26 it had signed a memorandum of understanding with Slovakia's main energy operator SPP to cooperate on the supply of natural gas and LNG.
Under the agreement, SPP and Edison—which owns a diversified gas portfolio in Italy—will explore possible synergies to allow Slovakia, which has a heavy energy dependence on Russia, to access new gas supply routes from southern and western Europe.
The memorandum with Edison follows similar agreements signed by energy group Eni and Italy's gas grid operator Snam with SPP last April.
Recommended Reading
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
2024-07-11 - Here is a selection of upstream and midstream dividends declared in the week of July 8.
Wood Mackenzie Appoints Zhou as Head of Power, Renewables Business
2024-06-05 - Xizhou Zhou most recently led the global power and renewables division at S&P Global’s commodity insights business and the Asia Pacific gas, power and renewables business.
Bethancourt Appointed as Devon Energy’s Board Chair
2024-06-05 - John Bethancourt joined Devon Energy’s board in 2014 following his retirement from Chevron’s executive team.
TotalEnergies Buys UK Power Plant from EIG for $575MM
2024-06-06 - TotalEnergies signed an agreement with EIG, an institutional investor in the global energy sector, for the acquisition of all the shares of West Burton Energy for an enterprise value of £450 million (US$575 million).
UGI to Offer $600MM in Senior Notes Due 2028
2024-06-06 - UGI intends to use the net proceeds from the offering to refinance the company’s existing indebtedness, including under UGI’s senior credit facility and its subsidiaries, and for general corporate purposes.