Here are news stories, press reports and events to watch which may affect the auto industry, transportation and energy markets on Friday.
WORLD OIL PRICES
Brent crude rose for the seventh straight session on Friday, climbing towards $117 a barrel on hopes for stronger global demand for oil after the U.S. Federal Reserve launched an aggressive programme to stimulate the economy.
E.ON, BASF, GAZPROM
The second line of the Nord Stream gas pipeline linking Russia and Germany will become operational in early October, the chairman of the shareholders’ committee and former German Chancellor Gerhard Schroeder said on Thursday.
Poland’s energy market regulator rejected a request by the country’s gas monopoly to lift its customer prices to offset higher costs for Russian gas purchases.
Italian carmaker Fiat said on Thursday the group’s product portfolio and investments in Italy needed to be the object of constant review to bring them into line with changing market trends.
Italian state-controlled finance group Cassa Depositi e Prestiti has sold a 1.7 percent stake in Eni for 1.096 billion euros ($1.41 billion), part of government-driven plans for Eni to exit gas network company Snam.
South Sudan will split a massive oil block largely held by Total into three parts, giving one to the French company and the others to two firms, officials
said, in the biggest shake-up of the nation’s concessions since it seceded from Sudan.