Tag: Energy
Italian Regulator Opens Energy Price Hikes Probe
Italy's competition watchdog is investigating seven energy groups, including Enel, Eni and France's Engie, for allegedly illegally ramping up electricity and gas prices, it...
EU Commission Approves €13.5 Billion French Energy Scheme
The European Commission has approved, under EU State aid rules, a French scheme to partially compensate energy-intensive companies for higher electricity prices resulting from...
Australian Competition Watchdog To Probe Energy Market
The Albanese government will receive advice on possible interventions in the energy market as early as next week, including potential price caps, bargaining provisions...
Mexico Competition Watchdog Advises On New Energy Regulations
Mexico’s competition regulator COFECE issued an opinion on controversial draft regulations energy regulator CRE published via the website of regulatory reform agency CONAMER, adding...
Chevron Completes Acquisition of Renewable Energy Group
Chevron Corporation completed its previously announced acquisition of Renewable Energy following approval by REG stockholders.
"We have brought together companies with complementary capabilities, assets, and customer relationships...
EU Energy Regulator Warns Against Capping Gas Prices
The European electricity market has worked to mitigate energy prices to the tune of €34bn, according to a key report published on Friday (29 April) by...
EU Lets Spain, Portugal Cap Cost Of Gas
The European Commission has agreed to allow Spain and Portugal to place a temporary cap on reference prices for natural gas and coal used...
Companies Urge Spain, Portugal Not To Act Alone On Power Prices
Power trading platforms are urging the Spanish government not to intervene unilaterally in the system that sets the price of electricity, in its bid...
Swedish Lundin Energy Considers Merger
Swedish oil and gas company Lundin Energy is considering a potential sale, Bloomberg News reported on Monday, citing unnamed sources.
Lundin, which has a market...
Energy Group Concerned Over Move To Merge Mexican Regulators
The Mexican business environment for energy sector players could be hampered by plans to fold autonomous regulators and the competition watchdog into existing ministries,...