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RWE on track with E.On energy deal

RWE on Tuesday hailed “good progress” towards completing its ambitious asset swap agreement with rival E.On, as the German utility…

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Weak Turkish lira may favour SOCAR expansion plan

SOCAR wants to reach a 20% share of Turkey’s gas market, and the country’s recent economic woes are likely to help it The drop in the value of the Turkish lira could help State Oil Company of Azerbaijan Republic (SOCAR)…

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RWE on track with E.On energy deal

RWE on Tuesday hailed “good progress” towards completing its ambitious asset swap agreement with rival E.On, as the German utility unveiled first-half results that were broadly in line with market expectations. Adjusted earnings before interest, taxes, depreciation and amortisation were…