Latest news
Polish state-controlled companies decide to invest $620 million in coal group
Six Polish state-controlled companies have decided to invest $620 million in a newly-established state coal mining conglomerate PGG, as they stated on Tuesday, as part of an effort to save the European Union's biggest coal miner Kompania Weglowa from insolvency.
read more... 27/04/2016
Macron declares EDF will decide in September on UK nuclear plants
French state-controlled utility EDF will postpone the final investment decision on its project to construct two nuclear plants in Britain until September, as stated by French Economy Minister Emmanuel Macron in a newspaper interview.
read more... 25/04/2016
Poland’s PGNiG inks $870 million framework gas supply deal with chemical firm Grupa Azoty
Poland's state-run gas company PGNiG inked a framework deal to deliver natural gas to state-controlled chemical firm Grupa Azoty, with the estimated value of the agreement at PLN 3.3 bln ($870.09 million) and estimated volume of some 4.5 bln cubic meters, according to PGNiG.
read more... 14/04/2016
Polish electricity companies could pay dividends for 2015
Poland's state-controlled power firms - PGE, Enea and Energa could pay out dividends this year in spite of their projected investment in troubled coal mining companies, as stated by a deputy energy minister on Thursday.
read more... 25/03/2016
Petrobras secures a $10 billion loan from China
Brazil’s state-controlled oil producer Petroleo Brasileiro (Petrobras) has secured a $10 billion loan from China Development Bank Corp to help pay most of its 2016 debt.
read more... 01/03/2016