Latest news
Chinese offer for Italy grids increases concerns
China's state power grid is one of two bidders for a significant stake in Italy's energy grids, but such a connection might cause problems since the Chinese and Italians both intend to purchase assets around Europe, according to sources familiar with the matter.
read more... 08/07/2014
France: Total’s LPG distribution business to be purchased by UGI
U.S. utility UGI is to acquire Total's liquefied petroleum gas (LPG) distribution business in France for approximately 400-450 million euros ($545-$613 million), denoting another step in the efforts of the French oil huge conglomerate to get rid of assets in older markets to enhance profits.
read more... 03/07/2014
EDF on the point to vend Edison wind assets to F2i
France's EDF intends to sell a 70 percent stake in Italian unit Edison's wind farms to local infrastructure fund F2i at the end of June, as stated by two sources on Wednesday.
read more... 05/06/2014
EU ought to cut list of industries that obtain free carbon permits
The European Union has to cut the list of heavy industries receiving free carbon permits after 2020 to aid the remaining firms to compete in global markets, as stated on Wednesday by Jos Delbeke, the bloc’s top climate representative.
read more... 29/05/2014
Daily: Brent and U.S. crude oil decline due to Ukraine, Libya supply worries
Brent crude oil traded slightly over $110 a barrel on Tuesday amid supply disruption worries as Ukrainian forces confronted separatists in Donetsk for a second day and since oil output in Libya was cut to 160,000 barrels per day (bpd) as a result of chaos in the country.
read more... 28/05/2014