A consortium led by French utility Engie SA is to acquire the Portuguese hydropower portfolio of Energias de Portugal SA, with a total capacity of 1.7 GW, for EUR 2.2 billion (USD 2.4bn).
read more... 23/12/2019
Russian regulator Rostechnadzor has issued a 15-year operating licence extension for unit 3 of the Smolensk nuclear power plant, the last of three RBMK-1000 reactors at the site in western Russia. The move means the whole plant has permission to operate for a total of 45 years.
read more... 18/12/2019
French oil company Total will invest USD 2.5 billion in Angolan offshore block 17 by 2023, which will allow the Angolan subsidiary to add more than 100,000 barrels of crude to its daily production.
read more... 17/12/2019
Lebanon's economic crisis has led to nationwide protests over the last two months. The country needs its exploration programme to work to reduce its energy import bill.
read more... 16/12/2019
A total of nine ferries and two cruise ships powered by liquified natural gas (LNG) will soon be operational in the country, two of the segments that heavily invested in the fuel.
read more... 16/12/2019