Italian government approves decree extending diesel excise cut and adding domestic oil and gas measures
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What happened
The Council of Ministers approved a decree on 2026-09-10 that both prolongs the diesel excise cut and introduces provisions aimed at accelerating domestic oil and gas output.
Why it matters
The decree combines a consumer fuel-price measure with upstream production policy, creating immediate follow-up on legal text, permitting procedures, and budget effects. It also signals that Rome is using domestic production as one tool in managing import exposure and energy costs.
On 2026-09-10, the Italian government approved a decree that extends the diesel excise reduction and adds measures intended to speed domestic oil and gas production. The package links retail fuel-price management to upstream supply policy, giving the Energy Ministry and regulators immediate follow-up tasks on implementing rules, permits, and coordination with fiscal authorities. The decree is a concrete policy change rather than a general strategy statement, and its near-term effects will depend on publication text, implementing guidance, and market response.
Watch for
Gazzetta Ufficiale publication of the decree text and annexes by 2026-09-12 Ministry of Environment and Energy Security circular specifying which permitting steps for oil and gas projects are shortened by 2026-09-13 MEF release quantifying the budget cost of the diesel excise extension by 2026-09-13 Statements or filings from ENI on whether projects in Italy can move faster under the new decree by 2026-09-13