Biogas has role in switch to greener future, Naturgy chief says MADRID, July 10 (Reuters) - Gas produced from organic waste is important to Europe's transition to a low-carbon economy and could help ensure companies don't leave the region, the executive chairman of Spanish energy company Naturgy NTGY.MC said on Wednesday. "We need to find solutions to decarbonise that do not lead to relocations," Francisco Reynes told an event in Madrid.

Spain's competition watchdog probes Endesa for potential anti-competitive practices MADRID, July 10 (Reuters) - The Spanish competition watchdog is investigating energy firm Endesa ELE.MC for potential abuse of its dominant position in the electricity distribution market, the CNMC said on Wednesday. The CNMC competition authority said it has received several complaints against the company claiming that it discriminated against competitors by favouring its own subsidiaries in situations including

BUZZ-Top of the Street: Kingfisher, Naturgy, paper & packaging firms A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** RBC raises Naturgy NTGY.MC to "sector perform" from "underperform" following a stock price correction after TAQA and Criteria dropped a plan to jointly bid for the Spanish utility ** Deutsche Bank raises British home improvement retailer Kingfisher KGF.L to "buy" from "hold", citing "robust" income growth, increased consumer confidence, po

Spanish stocks - Factors to watch on July 9 July 9 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: REPSOL REP.MC Repsol and Eni ENI.MI have made a significant oil and gas discovery in the Sureste Basin, about 63 kilometres off the coast of Mexico, the Italian energy group said on Monday.

BRIEF-Naturgy Signs Renewable Gas Supply Agreement With Grupo Lecta July 8 (Reuters) - Naturgy Energy Group SA NTGY.MC : SIGNS WITH GRUPO LECTA A RENEWABLE GAS SUPPLY AGREEMENT AGREEMENT WILL FACILITATE EFFICIENT DECARBONISATION OF INDUSTRIAL GROUP'S ACTIVITY Further company coverage: NTGY.MC (Gdansk Newsroom)