BRUSSELS, July 6 (UPI) -- The European Union is expected to impose harsh penalties on two of the largest regional gas utilities over illegal trade agreements.

PARIS, July 22 (UPI) -- French energy firm Gaz de France canceled its bid to become the seventh member of the construction team for the Nabucco gas pipeline, statements said.

PARIS, March 31 (UPI) -- French utility Suez said it won't buy a stake in British Energy, removing itself from a list of suitors for BE, The Glasgow Herald reported.

PARIS, Feb. 26 (UPI) -- The merger between Gaz de France and Paris-based Suez is on track.

PARIS, Feb. 24 (UPI) -- Gaz de France and Franco-Belgian utility Suez are mulling a tie-up to fight off a hostile bid by Italy's Enel for the big French company. The move by Enel, a major electricity producer, sent Suez shares up sharply, the Financial Times said Friday.