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GDF Suez and Toshiba to go forward with Europe’s major nuclear power project in UK

France's GDF Suez and Japan's Toshiba will proceed with plans to expand Europe's largest nuclear power project in northwest England, after finalizing the transaction, according to their joint venture on Monday.

read more... 01/07/2014


Hungary’s MOL monitors more retail purchases after Eni transaction

Hungarian oil and gas conglomerate MOL intends to make more acquisitions in order to increase its retail market share in central Europe, where an economic recovery is ongoing and motor fuel sales are expanding, as stated by MOL's downstream manager.

read more... 21/05/2014


Timchenko’s Stroitransgaz set for 3.5 billion euro South Stream deal

A conglomerate run by Stroitransgaz, managed by Gennady Timchenko, an important businessman touched by U.S. sanctions, won a transaction of about 3.5 billion euro to construct a segment of the South Stream natural gas pipeline traversing Bulgaria, as stated by industry sources on Friday.

read more... 24/03/2014


Britain: 12 GW of power plant capacity to be taken offline by the end of 2023

About 12 GW of power plant capacity might be taken offline in Britain by the end of 2023, because of tougher European Union pollution laws, according to Reuters estimates published on Wednesday. Britain’s main goal is to ascertain a varied, low-carbon and efficient energy mix so as to cut emissions and offer consumers the best transaction, as stated by a spokeswoman from the UK’s Department of Energy and Climate Change.

read more... 13/03/2014


LNG deal between Estonia and Finland

A transaction between Estonia and Finland has been signed on Friday aiming the construction of two liquefied natural gas (LNG) terminals on each side of the Gulf of Finland and a pipeline linking the two countries, as stated by Juhan Parts, the Estonian Economy Minister.

read more... 03/03/2014