Latest news
Spain: reductions in renewable energy sector lead to 1.7 billion euros losses
Spain's reductions in subsidies for renewable energy will affect company gains by approximately 1.7 billion euros ($2.34 billion) this year, according to the statement made by the country's competition regulator CNMC in a report on Monday.
read more... 08/04/2014
Daily: European power prices deviate, German up, French down
Brent and U.S. crude oil futures dropped on Monday, being hit by an agreement by Libyan rebels which seized four eastern oil ports to halt an eight-month blockade.
read more... 08/04/2014
E.ON employs CITI as consultant for Spanish asset vending
E.ON, Germany's major utility, has employed CITI to counsel it on the vending of its assets in Spain, in an offer to back off weak energy markets in southern Europe, according to three people familiar with the issue.
read more... 07/04/2014
BG Group transferred worldwide LNG, oil trading headquarters to Singapore
BG Group has transferred its headquarters for worldwide oil and liquefied natural gas (LNG) trading from the United Kingdom to Singapore in order to be nearer to clients in the emergent Asian region, as stated by the company on Monday.
read more... 07/04/2014
Gazprom will honor gas agreements with Germany
Gazprom will keep contractual obligations towards Germany relative to gas supply, even though Berlin backs stricter sanctions to dissuade Moscow from more destabilization of Ukraine, according to the declaration of the Russian exporter in a newspaper.
read more... 07/04/2014