The Geoeconomic Dilemma of Italy-Russia Energy Ties

Italian state-owned oil and natural gas producer ENI recently halted a joint project with Russia's state oil company Rosneft in the Black Sea, according to Russian media reports (Construction.ru, March 30). Drilling operations by the two companies at the Maria-1 well had started in December, but ENI CEO Claudio Descalzi said, on March 27, that they had not found “very …

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