Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
European gas: From bad to much worse
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
Letter from the Middle East: Aramco provides big global gas reveal
The Saudi energy leader’s announcement of first production at Jafurah and the launch of operations at the Tanajib Gas Plant marks a turning point not just for the company, but for the world’s energy landscape
EU methane regulation could backfire
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
Letter from Europe: Gas crossroads
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
Gas deal keeps Lebanon’s offshore hopes alive
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
Turkey locks in more Azeri gas
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
Awakening Greece’s gas prospects
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
Mideast gas sector needs $200b of investment
Cash will be needed to boost production by 30% to meet region’s rapidly rising power demand, executives told the inaugural Middle East Gas Conference in December
Outlook 2026: Taking action on flaring and methane emissions
Less than two years after its launch, the World Bank’s Global Flaring and Methane Reduction Partnership is supporting abatement in 17 countries, but with flaring at a near-two-decade peak and methane emissions stubbornly high, there is work to do
Guido Brusco, Eni’s chief operating officer for natural resources
Italy IOCs Gas
Simon Ferrie
2 July 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Eni sees gas as long-term energy solution

The Italian IOC sharpens focus on gas but sees ‘no one solution’ to the energy transition

“The world’s demand for oil is expected to decline in the future,” Guido Brusco, Eni’s chief operating officer for natural resources, told Petroleum Economist. But “80% of global energy demand is satisfied by fossil fuels and it is hard to think that in the next ten or 15 years that will drop to the low levels forecast by some agencies.” However, Brusco does expect the widespread replacement of other fossil fuels with gas, as it is the cleaner alternative. He stressed that gas has a lower carbon footprint, plus the flexibility to support baseload power generation, "as the world needs to manage the intermittency of renewables". The combination of gas-fired generation and carbon-capture techno

Also in this section
OPEC+ boosted production before crisis
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
Energy dominance as diplomatic leverage
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
Petroleum Economist: March 2026
6 March 2026
The March 2026 issue of Petroleum Economist is out now!
Next wave of floating LNG growth in developing markets
6 March 2026
After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search