Topic: Joaquin Almunia

A deputy director at the Russian energy company Gazprom said Thursday the company will reduce the price it charges Lithuania for natural gas by 20 percent.

The European Commission says it is rejecting Google's latest proposals to settle a 3-year-old antitrust case, calling them "not acceptable."

The European Commission said this week it is moving ahead with a probe of financial breaks given to German industry under the country's green energy law.

The European Union and Gazprom have agreed to seek a settlement of antitrust claims pending against the Russian energy supplier, the two sides said this week.

The European Commission said Wednesday it has fined eight financial firms $2.3 billion for interest rate manipulation it characterized as collusion.

Financial aid to Lithuania for a liquefied natural gas terminal will help the country diversify its energy sector, a director in the European Commission said.

Austrian leaders this week hailed an EU decision to exclude nuclear power from new guidelines for member states in establishing renewable energy subsides.

The European Commission said Thursday is suspects Russian energy company Gazprom abused its position in the European natural gas sector.

The European Commission says new concessions offered by Google could end its long-running antitrust investigation against the search giant.

The European Commission approved the proposed merger between US Airways Group Inc. and American Airlines parent AMR Corp, the commission said Monday.