Italy works to keep Libya options open

March 21, 2011 Leave a comment
by Guy Dinmore in Rome, published: March 21 2011

In the century since Italy invaded Libya and decimated its population under a brutal military occupation, Rome has seen its fortunes rise and fall repeatedly in its one-time colony. Read more…

Italy’s Eni says no to sanctions against Libya

March 16, 2011 Leave a comment
By Guy Dinmore in Rome and Joshua Chaffin in Brussels, Published: March 16 2011

Eni, Italy’s state-controlled energy company, has urged Europe not to extend sanctions against Libya to include its oil and gas assets, warning that such steps would be “shooting ourselves in the foot”. Read more…

Italy blocks ship of migrants fleeing Libya

March 15, 2011 Leave a comment

By Guy Dinmore and Eleonora de Sabata in Rome, Published: March 15 2011

A Moroccan ferry carrying 1,800 people fleeing Libya was reported to be standing off Sicily on Tuesday after the Italian authorities denied it permission to enter port for refuelling. Read more…

Italy puts Libya bank under special administration

March 14, 2011 Leave a comment

By Guy Dinmore in Rome, Published: March 14 2011

Italy has imposed controls on Libya’s Banca UBAE, but the Rome-based bank – which handles payments for Libya’s oil and gas exports – was told it would be allowed to continue “normal” operations. Read more…

Berlusconi launches reforms of judiciary

March 10, 2011 Leave a comment

by Guy Dinmore and Giulia Segreti in Rome, Published: March 10 2011

Silvio Berlusconi, currently facing four trials on corruption and sex-related charges, has proposed sweeping reform of the judiciary to curb what he calls hostile political interference by leftist magistrates. Read more…

Eni CEO defends decision to stay in Libya

March 9, 2011 Leave a comment
By Guy Dinmore in Rome, Published: March 9 2011

The lights are still on in Libya thanks to continued gas production there by Eni, Italy’s state-controlled energy company, according to its chief executive.

In spite of the turmoil in Libya and the evacuation of many of Eni’s expatriate workers, Eni – led by Paolo Scaroni – has continued to work with the National Oil Company to produce oil and gas, although at considerably reduced levels.

Read more…

Shares leap in Italian telecoms firm with Libyan holding

March 7, 2011 Leave a comment

By Giulia Segreti and Guy Dinmore in Rome, Published: March 7 2011

Retelit, a small Italian telecommunications company, jumped on the Milan stock exchange on Monday amid reports that the Italian government would freeze a 14.8 per cent shareholding controlled by one of Muammer Gaddafi’s sons. Read more…

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