Finnish utility Fortum declared on Wednesday it intends to vend its Norwegian electricity distribution business and its share in Fredrikstad Energi and Fredrikstad Energi Nett to Hafslund based in Norway.
read more... 09/04/2014
Lebanon anticipates ending its first licensing round for offshore gas exploration regions in almost four months after prevailing over a legislative barrier by the end of April, as stated by the energy minister on Monday.
read more... 08/04/2014
Swiss energy firm Alpiq declared on Tuesday it had bought British electrical service company Flexitricity, since it want to tap into electricity demand management market.
read more... 08/04/2014
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
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