Berlusconi in power policy rethink

Article reports that Italy is reviewing a ban on most offshore oil and gas development, March 2011, which was passed only in 2010 and to the bafflement of the energy industry, in a move that shows how the Italian government is struggling to formulate a coherent energy strategy.

Unforeseen global events have shaken the energy sector of the eurozone’s third-largest economy, which is dependent on imports and pays some of the highest electricity bills in Europe.