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EDF and China’s CGN obtain EU authorization for Hinkley

The projected partnership between EDF and China’s CGN for nuclear projects in the UK has been given the approval by the European Commission.

read more... 11/03/2016

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GE purchases and combines Alstom to function as GE Power

General Electric (GE) has purchased the electricity and grid operations unit from French Alstom and combined it to form GE Power, subsequent to regulatory approvals in more than 20 countries and regions.

read more... 05/11/2015

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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

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Britain gives deadline for onshore wind subventions

Onshore wind farm projects qualified for British government supports will need to have gained planning approval before June 18, as stated by the Department of Energy and Climate Change (DECC) on Thursday.

read more... 09/10/2015

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EU approves help for Finland’s first LNG terminal

Finland has obtained approval from the European Commission to offer €23 million (£16.6m) worth of state support for a Liquefied Natural Gas (LNG) terminal.

read more... 24/09/2015

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