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SUEZ 2008
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NAM and GDF SUEZ commence exclusive negotiations for a package of assets on the Dutch Continental Shelf
September 5, 2008 - Nederlandse Aardolie Maatschappij BV (NAM) and GDF SUEZ have agreed to...
GDF SUEZ enters Exploration-Production in Azerbaijan
September 4th, 2008 - GDF SUEZ has just acquired a 15% stake in an offshore...
Joint press release GDF SUEZ - Publigaz
Brussels, 3 September 2008 - This Wednesday 3 September, the SCRL (limited cooperative society)...
GDF SUEZ signs an agreement to acquire an energy company in the US
Portfolio of 16 energy facilities, primarily hydro and located in New England Reinforces...
2008 First half results
September 1st, 2008 - Strong growth in results, industrial and commercial developmentsin every...
GDF SUEZ wins power and desalination project in Bahrain
Largest desalination plant with reverse osmosis technology in the Middle EastAlready 3rd major...
Electrabel, GDF SUEZ Group, and Jan De Nul request two concessions for the building of offshore wind farms
Brussels, August 27th, 2008 - Electrabel has in association with Jan De Nul...
GDF SUEZ wins bid for the privatisation of Turkey’s third largest distributor of natural gas
Izmit - GDF SUEZ has won its bid for the privatisation of Izgaz, a Turkish company...
Qatar – GDF SUEZ Energy International closes financing for Ras Laffan C project
GDF SUEZ Energy International, in a consortium with Mitsui, Shikoku Electric Power Company, and...
Oman: GDF SUEZ Energy International sees IPO Sohar Power Company oversubscribe 21 times
The Initial Public Offer (IPO) of Sohar Power Company (SPC) successfully closed on July 30, 2008....
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RWE
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“e-mobility Berlin”: Daimler and RWE embarking on the age of electro-mobility
Berlin “filling up” with electricity. With “e-mobility Berlin”,Daimler AG and RWE AG are today launching the world’s largest joint project for environ-mentally friendly electric cars. These provide locally emission-free driving, thus making a considerable contribution towards protecting the environment and reducing dependency on fossil fuels.
RWE Dea enters into Irish PEL 01/06 licence
RWE Dea AG has reached agreement with Serica Energy to farm-in to Serica’s exploration licence PEL 01/06 covering three blocks in the southern Slyne Basin off the west coast of Ireland. Completion is subject to the receipt of the required Irish government approvals.
RWE enters energy partnership in Kazakhstan
RWE is entering into an energy partnership with Kazakhstan’s State Assets Management Holding “Samruk”. During the visit of the German Federal President Horst Koehler to Kazakhstan, RWE Supply & Trading today signed a Memorandum of Understanding (MoU) with ”Samruk”.
RWE Innogy invests into small wind power technology
RWE Innogy GmbH in Essen, Germany, is taking a minority shareholding and making a £6m GBP (EUR 7.5m) capital injection into Quiet Revolution Ltd, an innovative small wind turbine company based in London UK.
RWE Dea launches initiative to improve air quality
RWE Dea has announced plans to use electric motors to power the compression units of new gas storage facilities in upper Bavaria. In doing so, the company plans to allay the fears of citizens in the region that the current seismic testing being conducted and possible subsequent extensions of the storage facility might cause additional emissions.
German Federal Chancellor Angela Merkel and North Rhine-Westphalia’s State Premier Juergen Ruettgers lay the foundation stone for RWE hard coal power plant in Hamm
The foundation stone for the new hard coal power plant of RWE Power was laid today in Hamm. German Federal Chancellor Dr. Angela Merkel and the State Premier of North Rhine-Westphalia, Dr. Juergen Ruettgers, joined Dr. Juergen Grossmann, the CEO of RWE, Dr. Johannes Lambertz, CEO of RWE Power and Manfred Huelsmann representing the power generation joint venture, the so-called GEKKO Group, and RWE’s Central Works Council Chairman Guenter Reppien at the ceremonial event.
Site decision has been made: RWE plans to build a power plant in Huerth featuring coal gasification and CO2 capture
The RWE project to build a large-scale, high-tech power plant with integrated gasification combined cycle (IGCC), plus CO2 capture, transportation and storage (CCS), is an important milestone for the Group. The new power plant, which will be fuelled by local lignite resources, is to be constructed on the Goldenbergwerk site in Huerth near Cologne. As the foundation stone was ceremonially laid today for the hard-coal-fired power plant in Hamm, Dr. Juergen Grossmann, CEO of RWE AG, explained: “We will do everything in our power to ensure this innovative project is now swiftly expedited. With our expertise in clean power technologies, we want to show the energy to lead in this field.“
RWE Innogy convenes Advisory Board
Founded at the beginning of this year, RWE Innogy GmbH is the company for renewables within RWE Group. In future, RWE Innogy will enjoy support from the work of an advisory board. The nine-member forum has the task of providing strategic and specialist advice to RWE Innogy's management on all aspects of renewable energy sources.
Third power auction closed
56 companies took part in the third power auction held by RWE this year. They purchased the complete lot of nearly 400 MW power on offer.
RWE confirms its 2008 forecast: Recurrent net income to increase by more than 10%
The RWE Group’s earnings prospects for 2008 remain positive. The figures for the first half of the year do not yet fully reflect this. Based on the favourable overall organic earnings perspective, RWE confirms its forecast of increasing recurrent net income for the fiscal year by more than 10 percent. The company has managed to stop customer losses in its German electricity supply business.
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FT.com
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Xstrata buys stake in Indophil Resources
Mining group Xstrata bought a large stake in Indophil Resources as it seeks to gain control of one of the world's largest unexploited copper mines
Vale seeks 20% iron ore price rise from China
Vale of Brazil, the world's largest iron ore producer, is putting pressure on Chinese steelmakers to pay up to 20 per cent more for their contracted ore
GDF Suez to buy Dutch North Sea assets
French energy group GDF Suez said it was in exclusive talks to buy over €1bn worth of offshore oil and gas assets from a Dutch venture owned by Royal Dutch Shell and ExxonMobil
Xinwen Mining buys Australian coal assets
Xinwen Mining Group has agreed to pay A$1.5bn for coal exploration permits in Australia in a deal that underlines China's continued interest in Australia's resources sector
Marubeni consortium wins Senoko auction
A consortium led by Japanese trading house Marubeni Corp won an auction to buy Singapore's Temasek-owned Senoko Power in a deal valued at $2.8bn
Strained relations thaw over TNK-BP
Tony Hayward, BP's chief executive, described his fight with the Russian partners of TNK-BP as that of the 'immovable object meeting the irresistible force'
BP sees future with Russian partners
BP expects to remain partners with the Alfa-Access-Renova group of Russian tycoons for years in spite of the dispute over their TNK-BP joint venture, the oil company said
EDF revives British Energy bid
French utility moves closer to buy UK nuclear generator after talks with investors begin to bear fruit
An uneasy pact made in Prague
The deal essentially sees BP bow to the Russian clamour for an independent chief executive, while dropping demands for the removal of two shareholder managers
Oil man warns of fresh delay at Kashagan
Timur Kulibayev, son-in-law of the Kazakh president, said bad weather conditions in the north Caspian Sea would prevent the Eni group from launching the troubled field on time
Key to success
Question of who will succeed Robert Dudley as chief executive of TNK-BP
Cast of stakeholders worth a fortune
Mikhail Fridman, Alfa Group chairman, is no stranger to corporate battles
BP settles TNK dispute with Russian partners
BP has sign an agreement aimed at preserving its 50 per cent stake in TNK-BP - Russia's third-largest oil company - after a power struggle with its local partners that focused attention on the rights of foreign investors in Russia
BP poised to settle TNK dispute
BP is on Thursday expected to sign an agreement aimed at preserving its 50 per cent stake in TNK-BP - Russia's third-largest oil company - after a power struggle with its local partners that focused attention on the rights of foreign investors in Russia
Former KBR chief faces jail over bribe case
Albert Stanley faces seven years in prison and a $10.8m restitution payment after he pleaded guilty to participating in a decade-long scheme to bribe Nigerian government officials and to receiving kickbacks
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