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Italy’s Edison suspends negotiations to acquire two Israeli gas fields
Italy's Edison is reexamining the purchase two Israeli gas fields because of increasing regulatory insecurity and talks have already been suspended, as stated by a source at the company.
read more... 10/02/2015
Daily: Crude oil prices rally for the third consecutive day on OPEC forecasts for larger crude demand
Crude oil rebounded for a third consecutive session on Monday on OPEC’s forecasts for stronger demand for this year than previously thought and on expected lower supply from countries outside the producer cartel. Benchmark Brent oil futures rose by 54 cents, or nearly 1 percent, to close at $58.34 a barrel, after jumping to $59.61 at one point. WTI crude futures increased by $1.17, or 2.3 percent, to close at $52.86 after a session peak at $53.99.
read more... 10/02/2015
France demands EDF for tax transparency in foreign operations
The French government has required state-owned utility EDF to be clear about its foreign operations to guarantee that none were established to avoid taxes, as stated by the finance ministry on Sunday.
read more... 09/02/2015
Latvia intends to divide gas utility aiming to liberalize market
Latvia plans to split utility Latvijas Gaze next year, according to the economy minister on Friday, in order to be in line with EU liberalization efforts and with the aim to reduce dependence on Russian natural gas imports.
read more... 09/02/2015
Lundin Petroleum finds gas in Norway’s Zulu prospect
Swedish oil and gas company Lundin Petroleum has discovered gas in an exploration well at its Norwegian Zulu prospect northeast of the giant Johan Sverdrup field in the North Sea, as stated by the firm on Friday.
read more... 09/02/2015