Latest news

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


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


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


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


Brazil approves $70 billion BG-Shell fusion

BG Group Plc on Friday confirmed that it has obtained final unconditional approval from Brazilian competition authority CADE for its purchase by bigger competitor Royal Dutch Shell.

read more... 27/07/2015