1974 - From Russia with heat.Back to the timeline
January – Work began in Sarroch (Cagliari) on the construction of a new plant for the production of standard paraffin at the Saras chemical complex.
26 March – The Egyptian state-owned oil company, EGPC, signed a new agreement with IEOC (International Egyptian Oil Company) and an American company, Conoco, to carry out exploration operations in the Nile Delta area.
April – The Holland-Italy natural gas pipeline was completed.
May - The first supplies of gas from the USSR amounted to 747 million cubic metres.
21 September – An agreement was signed with the Libyan government for the exploration and production of hydrocarbons in new exploration areas.
December – A new petroleum products denaturisation plant came on line at the Stanic refinery in Bari.