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European Commission authorized Finnish cash for LNG terminal

The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.

read more... 21/03/2016

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Italian SNAM mulls Italgas demerger

Italian gas-transportation company SNAM is envisaging a possible a spin-off of its Italgas domestic distribution unit worth more than 5 billion euros ($5.7 billion).

read more... 18/03/2016

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Russia's Novatek finalizes transaction to sell Yamal LNG stake

Russia's No.2 natural gas producer Novatek declared on Tuesday it has accomplished the transaction to vend a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund for 1.09 billion euros ($1.2 billion).

read more... 16/03/2016

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European Commission gives the green light for French-Chinese nuclear project in UK

The European Commission has given its green light for the construction and operation of the Hinkley Point C nuclear project in UK.

read more... 15/03/2016

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Daily: European prompt power prices evolve differently, with French contract up due to colder weather

Crude oil prices declined about 3 percent on Monday on worries that a six-week market rebound has gone beyond fundamentals as U.S. crude inventories continued to increase and after Iran dashed hopes in joining producers group in order to freeze output. WTI crude futures eased $1.32, or 3.4 percent, to settle at $37.18 a barrel, while Brent fell 86 cents, or 2 percent, to close at $39.53.

read more... 15/03/2016

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