POLICY

Italian government legislation has juniors weary

THE Italian Senate passed a bill to suspend exploration activities in permits that have already been approved and awarded, impacting junior ADX Energy which has cut its permits back by 55% in anticipation despite telling the market this morning they "will be judged appropriate for E&P operations".

 Italian Senate: image acquired from Italian Senate

Italian Senate: image acquired from Italian Senate

  "In order to minimise the risk ADX has requested a reduction in permit area by approximately 55% to minimise perceived impact," it said.    The reduced area will include the Nilde oil field, the...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.