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26.09.2017 17:41Gazprom Topples ExxonMobil for 1st Place: S&P Global Platts Top 250 Global Energy Company Rankings
The results of the 2017 S&P Global Platts Top 250 Global Energy Company Rankings , now in its 16th year, show a two-pronged changing of the guard, the most profound in the Rankings history. First, Russia's Gazprom snagged the number 1 spot, ending21.09.2017 14:46Google Acquires Part of HTC Corp.’s Business for USD 1 Bn
Google and HTC Corp. announced a $1.1 billion cooperation agreement Wednesday night, as the U.S. tech giant moved to bolster its hardware offerings. The agreement had been expected, and HTC’s stock had been halted on the Taiwan exchange pending20.09.2017 16:47Turkey Ratified the ITGI Gas Transit Project
A gas transfer agreement between Turkey, Greece and Italy is set to increase its capacity for natural gas movement between the three countries. The Interconnector Turkey- Greece-Italy (ITGI Poseidon) natural gas transportation project, which was18.09.2017 17:08Last Piece of Track of London's GBP14.8 Bn Crossrail Laid
The Crossrail, a GBP14.8 bn British railway megaproject, had its final piece of track laid on September 14. During the official ceremony British transport secretary described Crossrail as “hugely significant milestone”, adding that it14.09.2017 17:29Czech Energo-Pro Buys Third Power Distribution Utility in Georgia
Prague-based energy group Energo-Pro announced it has acquired a third power distribution utility in Georgia. The acquisition of the Kakheti power distribution utility makes Energo-pro the largest energy utility in the country, with a market share13.09.2017 16:52Extra Supervision Ordered for French Belleville Nuclear Plant after Security Lapses
French regulators have demanded heightened supervision at EDF’s Belleville nuclear power station citing failures in safety standards, regulator ASN said on Wednesday, as reported by Reuters. There were eight incidents rated level 1 -- the08.09.2017 15:19Total CEO Warns Against Chinese Dominance in Strategic EU Sectors
European Union member-states must work together to prevent state-backed Chinese firms taking control of strategic sectors within the region, Patrick Pouyanne, CEO of French oil company Total said on Friday, as reported by Reuters. “It’s08.09.2017 12:10Trans Adriatic Pipeline is 50% Complete
The Trans Adriatic Pipeline (TAP) is now more than 50% completed, nearly 16 months after construction began. This includes all engineering, procurement and construction scope. As of early-September 2017 TAP remains on its journey to deliver world-class04.09.2017 11:02Gerhard Schroeder to Join Board of Directors of Rosneft
Former German Chancellor Gerhard Schroeder is vowing to go ahead with a plan to join the board of directors of Russian oil giant Rosneft, a move that has drawn criticism ahead of his country's election. Schroeder was close to Russian President Vladimir01.09.2017 12:07Vestager: German Carmakers May Face "Very High" Cartel Fines
German carmakers could face “very high” fines if suspicions of collusion prove true in court, European Union Competition Commissioner Margrethe Vestager told Business Insider, as reported by Reuters. But she said it was too soon to speculate31.08.2017 17:41Temporary Shutdown of Nord Stream Pipeline for 11-day Annual Maintenance Works
Nord Stream AG announced it will be conducting long-planned annual maintenance works on its twin gas pipelines system between September 11 and 22, 2017. This routine maintenance work will require a temporary shutdown of both lines. “The Nord31.08.2017 12:13Operator of Polish Motorway to Repay EUR 210 M of Undue Compensation to Polish State
The European Commission (EC) has concluded that AWSA, the operator of the Polish A2 motorway, was overcompensated for a change in Polish law on toll motorways. This was in breach of EU State aid rules. AWSA has to repay PLN 895 million (around €210
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