Latest news
Tauron CEO declared Poland needs to fuse its electricity groups
Poland has to merge some of its four largest state-run electricity firms soon to create bigger players able to compete on the European market, as stated by the CEO of the country's second major power producer Tauron on Friday.
read more... 02/11/2015
ENGIE and Mitsubishi Heavy Industries inked a MOU to improve their collaboration in energy sector and technology
Gérard Mestrallet, Chairman and CEO of ENGIE and Shunichi Miyanaga, President and CEO of Mitsubishi Heavy Industries, Ltd. (MHI) inked a Memorandum of Understanding (MoU) to improve their cooperation all along the energy value chain and technology.
read more... 12/10/2015
Shell CEO declares BG Group purchase is on course
Royal Dutch Shell's chief executive officer, Ben van Beurden, declared on Thursday the $70 billion purchase of British competitor BG Group is on track and fits into Shell's plans to raise the share of natural gas in its portfolio.
read more... 19/06/2015
Gazprom wants to have responses on Sakhalin-2 growth in 2016
Gazprom, a shareholder in Russia's single liquefied natural gas (LNG) plant, Sakhalin-2, wants to be able to respond to questions about the plant's growth next year, as stated by Deputy CEO Alexander Medvedev on Tuesday.
read more... 17/06/2015
Verbund CEO considers that electricity prices might double in long term
The chief executive of the utility Verbund focused on hydropower thinks that German-traded electricity tariffs might double to 60 euros ($67.08) per megawatt-hour (MWh) in the long term, as soon as German nuclear power plants go offline as scheduled.
read more... 15/06/2015