The EDF version of so-called EPR nuclear reactors may be the first connected to the grid, overthrowing others also manufactured by Areva in Finland and China, according Henri Proglio, chief executive of state-controlled French utility EDF.
read more... 01/08/2014
Bulgaria, one of five EU states that rely entirely on Russia for nuclear fuel, is ready to take a step towards increasing its suppliers when Westinghouse Electric Company purchases a stake in a state-controlled company building new atomic units.
read more... 07/07/2014
Turkey's state-controlled oil company Turkish Petroleum Corp (TPAO) has decided to buy 10 percent stake of the French energy firm Total in Azerbaijan's Shah Deniz gas project, as declared on Thursday by two sources familiar with the matter.
read more... 30/05/2014
French nuclear reactor builder Areva, controlled by state, is dealing with a weak global nuclear market and lack of investment possibilities, as stated by the chairman of its supervisory board in the daily Les Echos on Wednesday.
read more... 29/05/2014
Italian power engineering firm Ansaldo Energia, controlled by the state, has consented to purchase British nuclear decommissioning company Nuclear Engineering Services (NES) for approximately 36 million euros ($49 million), as stated by Italy's state fund FSI.
read more... 23/05/2014