Engie to cut gas prices in France by 3.3% in May

20/04/2017 09:23 Natural Gas


French utility Engie will reduce consumer gas prices in France by 3.3 percent starting from May 1, as reported by Le Figaro.

Since the opening of the French gas market in 2007, former monopoly Engie continues to sell gas to retail customers at tariffs established by energy regulator CRE, but also sells gas at unregulated prices to retail and corporate customers.


Le Figaro announced that Engie has filed a request to the CRE to cut the prices, stating that approximately 6 million households would be affected by this move.


A spokeswoman with Engie did not comment.

Corporacion America vends Uruguay wind parks to Spain's Saeta

25/05/2017 08:34:00

Argentine holding firm Corporacion America declared on Wednesday it vended two wind parks in the bordering country of Uruguay to Spanish renewable energy producer Saeta Yield for $230 million.


Shell and Exxon may appeal over scheduled Groningen gas production cut

25/05/2017 08:15:00

A joint venture between Royal Dutch Shell and Exxon Mobil declare on Wednesday it was thinking about appealing against a Dutch government plan to cut output at the Groningen gas field by 10 percent.


Shell shareholders reject the proposal on emissions target

24/05/2017 09:48:00

Royal Dutch Shell shareholders on Tuesday voted 94% against a proposal made by an ecological group requesting the oil company to establish and publish yearly objectives to cut carbon emissions.