E.ON has sold its entire 63% stake in the Westfalen Weser utility to its 36 municipal co-owners for Eu360 million ($469 million).

Phoenix Natural Gas has closed a £140 million ($213 million) refinancing of its bank debt with National Australia Bank.

Otto Energy has closed a $37.4 million loan with BNP Paribas to fund its share of the costs of the Galoc field phase II development in the Philippines.