Italy's biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market.
Kathimerini understands that Europe's third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter's portfolio in the Greek gas grid.
China's National Petroleum Corporation (CNPC), the largest producer and supplier in the sector, said it had explored new oil and gas reserves.
The company has discovered more than 1 billion tonnes of oil reserves in northwest China. The new proven oil reserves are 358 million tonnes, while the estimated oil reserves can reach 693 million tonnes.