Latest news
Italy’s Eni strikes a major deal with China’s CNPC
Eni, the Italian energy giant, unveiled that it has sold a 20% stake in natural gas project off the coast of Mozambique, its largest discovery up till now, to China National Petroleum Corp (CNPC).
read more... 15/03/2013
EDF and UK to sign a 35-year nuclear deal
UK is planning to close a 35-year deal with French major energy group EDF which will allow the French energy utility to start building the country’s new generation of nuclear power plants.
read more... 12/03/2013
UK’s Centrica to strike the first LNG deal with U.S.
Centrica, UK’s biggest household energy supplier envisages signing a long-term LNG import deal with U.S. companies, as UK is facing difficulties finding new natural gas supply sources to meet its increasing import demand as global price variations and new gas discoveries are favoring carrying the gas to Asia instead of Europe.
read more... 11/03/2013
EDF Energies Nouvelles to acquire the wind energy portfolio of Séchilienne Sidec in France
EDF Energies Nouvelles (EDF EN) has bought the wind energy portfolio for a total of 56.5MW from the independent energy producer Séchilienne-Sidec. The deal is part of Sechilienne- Sidec’s drive to focus on biomass and solar power generation. The achievement is part of EDF's goal to further develop its business while consolidating its presence in France.
read more... 14/02/2013
Rosneft envisages doubling China oil deliveries in exchange for an oil-for-loan deal
The Russian oil major Rosneft is eyeing a $30 billion loan from China and is in talks with state-owned China National Petroleum Corp in exchange for doubling oil supplies to Beijing, in a move that could divert supplies away from Europe.
read more... 14/02/2013