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EDF’ s Edison will acquire Eni’s Italian energy retail business

Italian energy group Edison, a unit of French utility EDF is interested in acquiring oil company Eni’s retail business.

read more... 29/11/2016

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Daily: French spot electricity price surges over 70 euros as temperatures fell

Crude oil prices firmed more than 2 percent on Monday in volatile trading, recovering losses as the market reacted to uncertain conditions that top producers will be able to agree on output reductions at a meeting on Wednesday. U.S. West Texas Intermediate crude futures rose $1.02, or 2.21 percent to settle at $47.08 a barrel. Brent crude gained $1.00, or 2.12 percent, to close at $48.24 a barrel. In post-settlement trading, oil futures paired gains on reports that OPEC experts did not agree on the details of a deal to curb production.

read more... 29/11/2016

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Finland has announced it will completely phase out coal by 2030

Finland has announced plans to phase out coal by 2030 in an attempt to considerably reduce greenhouse gas emissions.

read more... 28/11/2016

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EDF sites investigated by French competition authorities

French electricity utility EDF's headquarters and other locations have been investigated by the competition authorities looking into a potential manipulation of a dominant position in the energy market, the state-run utility declared on Friday.

read more... 28/11/2016

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BP acquires stake in Eni's giant Zohr gas field offshore Egypt

BP has decided to acquire 10 percent of Eni's Shorouk concession offshore Egypt, which comprises the giant Zohr gas field, for $375 million, joining other oil majors in raising bets on the developing gas market.

read more... 28/11/2016

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