The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
On Wednesday, the Russian President, Dmitry Medvedev, met with his counterpart from Ukraine, Viktor Yanukovich, to discuss the tariff reduction on imported gas, so fundamental for Ukrainian economy.
read more... 21/04/2010
Dmitry Medvedev, the Russian President, gave the start to the construction of an important gas pipeline that will bypass Ukraine, after the conflict caused by supply disruptions in the past. This project will give the chance to win an important gas market share in Europe.
read more... 14/04/2010
US gas prices have seen a decrease this week, which is not really profitable for LNG shippers to import from European countries, as higher as the European prices proposed better netbacks, according to traders and analysts on Thursday.
read more... 09/04/2010
Enel has stopped for 15 days generation of electricity at one of its most important power plant in Italy, a coal-fired giant at Civitavecchia, after the death of a 34 year old employee during maintenance works on April, 3.
read more... 07/04/2010