Latest news
Italy’s Edison seals 20-year agreement to purchase US LNG from Venture Global
Italian utility Edison declared on Wednesday that the company, owned by France's EDF, cut a deal with U.S.-based Venture Global on selling and purchasing the liquified natural gas (LNG).
read more... 03/10/2017
France plans to invest 20 billion euros in energy transition
The French government intends to make an investment of around 20 billion euros in energy transition, out of which 9 billion euros are aimed to improve energy efficiency, 7 billion for renewables, and 4 billion to accelerate the switch to cleaner vehicles.
read more... 27/09/2017
France: EDF will protect its business position in energy sector investigation
The French minister of environment Nicolas Hulot declared in July that about 17 reactors could be closed in France by the year 2025, as it tries to reduce the part of nuclear power in its electricity mix.
read more... 21/09/2017
Total hopes to obtain 2 million gas and power customers in France
French oil and gas company Total will begin to retail gas and electricity in France by the end of this year and hopes to win about two million customers, as stated on Wednesday by chief executive Patrick Pouyanne.
read more... 31/08/2017
Daily (28.07.2017): Brent prices soared to 2-month high on Thursday - $51.49 a barrel
Oil prices continued to rise on Thursday with support from a huge slide in U.S. crude inventories. Kuwait, UAE and Saudi Arabia, fellow members of the OPEC, have also promised export cuts. U.S. fuel exports are on track to hit another record in 2017, making foreign fuel markets increasingly important for the profit margins of U.S. refiners. Also, Europe's major energy firms are turning a corner after a 3-year slump, Royal Dutch Shell, France's Total and Norway's Statoil reported sharp rises in cash flow from second quarter operations. Brent crude jumped by 1% to $51.49 a barrel, while WTI price jumped by 0.8% to close at $48.75 a barrel.
read more... 28/07/2017