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Greece: PPC says China's State Grid top bidder for grid stake

Greece's power utility Public Power Corp. (PPC) declared on Wednesday that China's State Grid was the top bidder for a 24 percent stake in the nation's electricity grid operator ADMIE, offering 320 million euros ($349 million).

read more... 27/10/2016

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DONG Energy intends to switch to clean-energy options

Danish company DONG Energy has recently announced that it plans to move its portfolio closer to clean-energy options like bioenergy and offshore wind, and that it considers to sell its oil and gas business.

read more... 27/10/2016

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Gazprom will think about cancelling shareholder deal over Nord Stream extension

Russia's Gazprom will consider annulling a deal with European associates to enlarge the Nord Stream gas pipeline at a board meeting on November 9, it declared on Wednesday, following resistance to the plan in several European nations.

read more... 27/10/2016

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EDF: French government says no to suspending ARENH mechanism

Bad news for EDF. The government will not allow utility EDF to suspend the ARENH mechanism under which it is required to sell part of the nuclear power it produces to its competitors.

read more... 26/10/2016

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Bulgaria to pay compensation to Russian Atomstroyexport for ditched nuclear project

Bulgarian state energy company NEK said on Wednesday that is ready to pay about 600 million euros to Russia's Atomstroyexport for the equipment already manufactured for the scrapped Belene nuclear power plant project.

read more... 26/10/2016

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