Energy

Russia’s state-owned energy giant Gazprom has extended its support of the Russian Olympic Committee to include the 2016 Olympic Games and 2018 winter Games.

German Bundesliga football club Bayer 04 Leverkusen is considering its options after a court ruled that it must pay back €15.9m ($20.3m), plus interest, to the insolvency administrator of a former sponsor.

Baku 2015 has signed up the State Oil Company of the Republic of Azerbaijan (SOCAR) as the fifth official partner of the inaugural European Games multi-sport event.

Ligue 1 football champion Paris Saint-Germain has agreed a partnership with Aurel BGC, the French affiliate of US financial services firm BGC Partners, and confirmed a deal with French energy company GDF Suez.

Energy company Qatar Petroleum International has extended its contract as the exclusive sponsor of the world’s richest horse race for purebred Arabians, the Qatar Arabian World Cup, to take in the 2014 edition at Longchamp, Paris on October 5.

French Ligue 1 football club Paris Saint-Germain has extended its partnership with multinational electronics company Panasonic.

Welsh Pro 12 rugby union team the Scarlets have agreed an extended partnership with solar energy specialist Dragon Energy Solutions for the 2014-15 season.

Danish wind turbine company Vestas has taken on 100 per cent of the sponsorship and operational budget for Team Vestas Wind, a late entry into the 2014-15 Volvo Ocean Race, which sets sail 4 October.

Danish wind turbine company Vestas has taken on 100 per cent of the operational budget for the entry of Team Vestas Wind into the 2014-15 Volvo Ocean Race.

German Bundesliga top-tier football club Augsburg has extended its partnerships with local energy company Stadtwerke Augsburg (SWA) and car parts supplier Reinhard Kastner.

Italian basketball team Aquila Basket Trento has secured domestic energy company Dolomiti Energia as its main sponsor ahead its first season in Serie A, the sport’s top division in the country.

College sports organisation the Pac-12 Conference has signed a three-year partnership with energy company Chevron.

Spanish energy company Repsol has renewed its long-term sponsorship ties with Portuguese Primeira Liga champion Benfica.

Spanish oil and gas company Repsol has agreed a three-year extension to its long-running title sponsorship of the factory Honda team, the dominant force in motorcycling’s MotoGP championship.

Energy company SuisseGas has agreed a deal to become the new main sponsor of Italian Serie A football club Atalanta.

Spanish electric utility company Endesa has agreed a two-year extension to its title sponsorship of the Liga ACB, the top division of Spanish basketball.