Latest news
EDF and Chinese partners on the edge to conclude Hinkley Point nuclear deal
EDF and Chinese partners are on the edge to conclude a deal to build the Hinkley Point nuclear power plant and are preparing to ink a heads of terms agreement during next week’s visit by Chinese president Xi Jinping in Britain.
read more... 15/10/2015
E.ON sells Norwegian E&P activity for $1.6 billion to DEA Deutsche Erdoel AG
E.ON has inked an accord to sell 100 percent of its shares in E.ON E&P Norge AS (E.ON E&P Norge) to DEA Deutsche Erdoel AG (DEA). The deal is valued at $1.6 billion, counting $0.1 billion of cash on the balance sheet. It is expected to close by the end of 2015, since it is subject to normal regulatory approvals.
read more... 15/10/2015
Engie signed its first retail LNG deal in the United Kingdom
ENGIE has just inked its first retail LNG sales agreement in the UK with FLOGAS Britain, one of the biggest alternative energy solutions suppliers to industrial clients in the UK. Over a period of 18 months, ENGIE will supply 8,000 tonnes of LNG to FLOGAS Britain from Isle of Grain terminal (South-East coast of the UK). Altogether, 400 Flogas Britain trailers will be loaded to supply industrial firms that are not linked to the natural gas grid. Operations will launch in the next few weeks.
read more... 16/09/2015
China to build a new prototype of nuclear reactor in UK
The British Prime Minister David Cameron is poised to sign a new deal with China, allowing it to build a new prototype nuclear reactor in Bradwell, Essex - which would become the first Chinese-operated facility in the West.
read more... 08/09/2015
Russia and Argentina seal deal for gas exploration
Russia’s energy giant Gazprom and Argentina’s state-controlled oil company YPF have sealed an agreement for exploration of gas reserves in Argentina in an effort to boost local production and to cut back on energy imports.
read more... 08/09/2015