Latest news
France published a decree to impede foreign takeovers of strategic companies
The French government has proclaimed a decree permitting it to impede any foreign takeovers of French firms in "strategic" industries, such as energy, transport, water, telecommunications and health sectors, this way putting up a barrier to General Electric's intended $16.9 billion offer for Alstom's energy assets.
read more... 15/05/2014
German cabinet approves plans for renewable energy rebate for industrials
The cabinet of German Chancellor Angela Merkel endorses on Wednesday a draft law that offers energy-intensive companies a partial discount on green energy surtax after months of arguments with Brussels.
read more... 08/05/2014
Siemens and French government get involved in Alstom agreement
Siemens and the French government got involved in the plan of General Electric to purchase the power division of Alstom on Sunday with an another European offer and a promise to take action in France's national interest.
read more... 28/04/2014
Britain: about 33 billion pounds might be injected by shale gas explorers
The expansion of shale gas in Britain could generate over 64,000 jobs and offer local businesses a capital injection of 33-billion-pound ($55.37 billion), as stated in an Ernst & Young report commissioned by the UK Onshore Operators Group.
read more... 24/04/2014
Chinese conglomerate puts single offer for Bosnia’s 450 MW coal-fired unit
The single bidder in the project to construct a coal-fired power generation unit of 450 megawatts in Bosnia remained a Chinese group, just after Hitachi retreated from the competition, as stated on Tuesday by Bosnia's power utility EPBiH.
read more... 23/04/2014