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Swedish Vattenfall cancels the sale of Germany’s Gasag

Swedish utility Vattenfall and German peer E.ON announced that they cancel the sale process of their joined participation in Gasag, the eastern German gas supplier, as consequence of its weak bid.

read more... 10/05/2010

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Gas trading volume doubled in Germany last year

According to British consultancy Prospex, German gas trading volume increased more than twice in 2009, reaching 955.2 TWh, up from 407.8 TWh in 2008, mainly due to faster merging of gas transmission zones.

read more... 07/05/2010

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A possible merger between Gazprom and Naftogaz

Russian Prime Minister Vladimir Putin proposed at a meeting of the intergovernmental committee, a merger between Russian giant gas company Gazprom and Ukrainian energy company NAK Naftogaz.

read more... 04/05/2010

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Gazprom’s activity on the electricity market

Gazprom, Russian’s biggest gas supplier, intends to make modifications in its portfolio by changing its assets with those of energy sector investors, including and those of Finland's Fortum, in order to regroup all its energy units in one big utility.

read more... 30/04/2010

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Russia and Italy accepted France to join the South Stream pipeline project

After the official meeting that had taken place between Russian Prime Minister, Vladimir Putin, and Italian Prime Minister, Silvio Berlusconi, a decision has been made concerning the France’s EDF participation in the South Stream project.

read more... 27/04/2010

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