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
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
Spain could be transformed into a gas exporter by 2031 while producing 20% of the oil it consumes, according to a report released by consultancy Deloitte.
read more... 01/04/2014
Europe’s reliance on Russian gas supplies might be reduced with the help of Spain’s complex gas infrastructure at the time when the plans to transport gas across the Pyrenees will turn into reality, as stated on Thursday by Antoni Peris, the chairman of the Spanish gas association.
read more... 28/03/2014
The Spanish government aims to increase the aid for under-used gas-fired power plants in order to avoid utilities’ closures around the country.
read more... 26/03/2014