Search results for: Gas Natural Fenosa

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  • 8 February 2018

    Spanish LNG operator Gas Natural Fenosa reported a net profit of 1.36 billion euros ($1.67 bln) in 2017,  a rise of 1 percent as compared to the year before, boosted by higher prices and demand. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 3.9 billion euros, down 16.1 percent on year, due to interruptions in the gas […]

  • 7 November 2017

    Spanish LNG operator Gas Natural Fenosa reported drops in profit for the third quarter and the nine-month period of 2017. 

  • 10 February 2017

    Spanish LNG operator Gas Natural Fenosa increased its investment in 2016, acquiring two LNG carriers during the year, despite a decline in net profit.

  • 17 May 2016

    Gas Natural Fenosa, a Spanish natural gas supplier, intends to expand its LNG fleet by chartering four new carriers and incorporating one floating regasification unit.

  • 27 April 2018

    Spanish LNG operator Gas Natural Fenosa reported a net profit of €320 million ($387.3 million) for the first quarter 2018, a 7.4 percent increase compared to the first quarter in 2017. 

  • 2 November 2016

    Spanish LNG operator Gas Natural Fenosa reported a 15 percent lower net profit of 930 million euros (US$1.03 billion) in the January-September period when compared to a year ago. Earnings before tax and amortisation (Ebitda) for the nine-month period were 3.64 billion euros, down 6.8 percent on year, Gas Natural Fenosa said in a statement […]

  • 16 May 2017

    Spanish LNG operator Gas Natural Fenosa reported a first-quarter profit of €298 million (US$328.3), a 9.4 percent drop compared to the corresponding quarter in 2016.

  • 18 June 2018

    Spanish LNG player Gas Natural Fenosa and the Algerian company Sonatrach have signed an agreement to renew the gas procurement contracts from Algeria to Spain spanning to 2030.

  • 9 October 2017

    Spanish LNG operator Gas Natural Fenosa has moved its legal headquarters from Barcelona to Madrid due to ongoing tensions and legal uncertainty in Catalonia. “Considering the social and political events that have been occurring in recent weeks in Catalonia and due to the legal uncertainty that this causes, the company´s board of directors has agreed, as long […]

  • 26 July 2017

    Spanish LNG operator Gas Natural Fenosa reported a €550 million ($640.4 million) profit for the first six months of 2017, 14.7 percent lower than in the first half of 2016. 

  • 15 January 2018

    Spanish LNG operator Gas Natural Fenosa has launched a new brand for its natural gas distribution business in Spain. The new company called NEDGIA  has more than 5.3 million supply points and more than 51,000 kilometers of networks in 1,100 municipalities across Spain, according to a statement by Gas Natural Fenosa. The company reflects the […]

  • 22 February 2018

    Spanish energy giant Repsol has agreed to sell its 20 percent stake in compatriot utility Gas Natural Fenosa to CVC Capital Partners investment fund. The deal is worth 3.82 billion euros ($4.69 billion). Repsol will sell the stake to Rioja Bidco Shareholdings, controlled by CVC, for a price equivalent to around 19 euros per share. […]

  • 18 January 2018
    Project & Tenders

    Spanish LNG operator Gas Natural Fenosa signed a 10-year liquefied natural gas (LNG) supply deal with compatriot shipping company Baleària

  • 14 May 2014

    Gas Natural Fenosa, through its distributor Gas Natural Distribución, will invest €1.7 million to supply gas to the town of Castelló d’Empúries in Empuriabrava (Girona). The power company has already started building the 9.3 kilometre network which will bring service to 5,900 households in the first year. Castelló d’Empúries Mayor Xavier M. Sanllehí, and Girona […]

  • 28 June 2018

    Spanish LNG operator Gas Natural Fenosa has decided to follow the change in the market and change its name to Naturgy after 175 years. 

  • 6 May 2013

    The GAS NATURAL FENOSA wholesale marketing subsidiary, Gas Natural Comercializadora, has won an international public tender to supply natural gas to Portugal, tendered by the Portuguese company Transgâs Armanzenagem. The Spanish multinational will provide 431 gigawatts (GWh) of natural gas per hour, which will fill the Carriço underground storage facility Caverna TGC-2, in the Pombal […]

  • 27 July 2016

    Spanish LNG operator Gas Natural Fenosa reported a lower net profit of 645 million euros ($709m) in the first half of this year when compared to the same period a year ago. The company’s net profit was 6.5% less in “like-for-like terms, i.e., disregarding the effect of currency depreciation and the non-recurring positive impacts of the […]

  • 19 February 2013

    GAS NATURAL FENOSA of Spain obtained a net profit of 1.441 billion euros in 2012, which is 8.8% higher than in the previous year, despite having a lower contribution from capital gains from the sale of assets that took place in the previous period. Consolidated EBITDA totalled 5.080 billion euros in 2012, which was 9.4% […]

  • 12 September 2013
    Project & Tenders

    Gas Natural Fenosa said it has signed an agreement with KOGAS of South Korea to supply the world’s largest corporate buyer of LNG with 1-1.5 bcm of gas over the next two years. The deal strengthens the position of Gas Natural Fenosa as a global LNG operator and reinforces its growth in Asia, the company said […]

  • 7 May 2013

    Gas Natural Fenosa’s net profit was 411 million euros, while its EBITDA grew by 2.2% to 1.329 billion thanks to its international business. The EBITDA from the energy multinational’s international business grew by 8.1% and represented 44.1% of the consolidated total at the close of the first quarter of this year. In contrast, the EBITDA […]

  • 7 February 2018

    Spanish LNG operator Gas Natural Fenosa named Francisco Reynés as new chief executive and chairman of the company’s board in a major leadership reshuffle. Reynes will replace Isidro Fainé Casas who served as president of Gas Natural Fenosa since 2016. Casas has been appointed honorary chairman, the company said in its statement. Gas Natural Fenosa’s current chief executive Rafael […]

  • 31 May 2018

    Spanish LNG operator Gas Natural Fenosa dropped its plans to build an LNG import terminal in the port of Zaule in Trieste.