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Romanian Post sues three power suppliers for unfulfilling their contracts
The electricity supply of the 1,719 postal sub-units belonging to the National Company “Poşta Română” (CNPR) is provided by the…
Gazprom postpones by two years the launch of Yuzhno-Kirinskoye gas field
Russian energy giant Gazprom plans to launch the Yuzhno-Kirinskoye gas field offshore Russia’s Sakhalin island in the Pacific in 2023,…
Brazil announces bold plan to privatize state assets
Brazil launched a massive plan to auction off highways, ports and utilities in an attempt to raise government revenue and…
Apple focusing on self-driving technology, gives up building cars
Apple Inc. is scaling back its plans to build self-driving cars, focusing instead on the software and technology for autonomous…
Enel starts construction of Ayanunga hydro plant in Peru
Enel, through its renewable energy subsidiary Enel Green Power Peru (EGPP), has started construction of its 20 MW run-of-river hydropower…
BSE shareholders have doubled their investment during the past four years
Investors who bought four years ago shares of the issuer The Bucharest Stock Exchange (BSE), which was listed on its…
Brazil to sell Eletrobras control in boldest privatization yet
Brazil on Monday floated a proposal to cede control of the country’s biggest power utility, Eletrobras, in the boldest privatization…
Fondul Proprietatea accuses weakening of corporate governance in Nuclearelectrica
Fondul Proprietatea expresses its strong disapproval and significant concerns regarding the two new points proposed by the Ministry of Energy…
Sempra Energy to buy Oncor for $9.45 billion in blow for Berkshire
Sempra Energy said it will buy Oncor for $9.45 billion in cash after Energy Future Holdings Corp, which indirectly owns…
Rosneft continues expanding, on Monday it took over Essar Oil of India
Essar Oil announced it has finalized the sale of its assets in India to a consortium led by Russian oil…