Latest news
France declares EU members are close to agreement on carbon market reform
Agreement between members on reforming the European Union’s carbon market is very close, as stated on Monday by Pierre-Marie Abadie, manager of energy affairs at France’s Ministry of Ecology, Energy and Sustainable Development.
read more... 03/06/2014
France published a decree to impede foreign takeovers of strategic companies
The French government has proclaimed a decree permitting it to impede any foreign takeovers of French firms in "strategic" industries, such as energy, transport, water, telecommunications and health sectors, this way putting up a barrier to General Electric's intended $16.9 billion offer for Alstom's energy assets.
read more... 15/05/2014
Verbund: gas and coal plants to be mothballed or closed
Gas and coal-fired plants in Austria and France would be mothballed or closed by the Austrian utility Verbund after a year spent analyzing its alternatives, due to their unprofitability.
read more... 15/05/2014
France: Total vends a stake of 30% in Moroccan subsidiary
France's Total has vended a 30 percent stake in Moroccan division Total Maroc to the Saudi Zahid Group for an unrevealed amount and Total Maroc intends to sell another 15 percent stake on Casablanca's bourse, as stated by the company. This could lead to a revitalization of Casablanca's stock market, which has been affected by the crisis in the euro zone and the lack of foreign investors.
read more... 12/05/2014
France: $5.6 billion offshore wind tender awarded to group led by GDF
The French government has awarded a tender of 4 billion euro ($5.57 billion) to a consortium managed by French gas and power conglomerate GDF Suez on the construction and running of two offshore wind farms, as stated on Wednesday by French Energy Minister Segolene Royal.
read more... 08/05/2014