Latest news
German TSOs to develop Ultranet power line
Western and southern German TSOs Amprion and TransnetBW on Wednesday submitted a bid to develop a north-south power transmission line that is a key part of the country's effort to shift from nuclear and thermal energy.
read more... 18/12/2014
Repsol to purchase Talisman Energy for large premium
Spain's Repsol has decided to purchase Talisman Energy, Canada's fifth-biggest independent oil producer, for $8.3 billion since the decline in oil prices urges firms to take the plunge on huge M&A transactions.
read more... 17/12/2014
Ukraine: Chevron intends to withdraw from $10 billion shale gas agreement
U.S. energy major Chevron intends to pull out of a $10 billion shale gas deal with Kiev, according to the declaration made on Monday by a senior Ukrainian presidential representative.
read more... 16/12/2014
China will aid Serbia to construct a coal-fired power plant of 350 MW
Serbia and China will ink an agreement estimated at over $600 million next week to adjoin a new unit at the Kostolac coal-fired power plant, the first major investment in more than two decades in Serbia's old energy infrastructure, as stated by the plant's manager.
read more... 15/12/2014
Czech company EPH struggles for E.ON’s Italian assets
Privately-held Czech energy group EPH would like to acquire several Italian assets put on sale by German utility E.ON, potentially pitting it against France’s EDF in a 2 billion euro ($2.5 billion) battle, as stated on Thursday by two sources familiar with the situation.
read more... 12/12/2014