Tag: France
French utility sees rapid growth in EV charging network
EV charging stations along French highways tripled from last year French utility EDF says it hopes to increase the number of docking stations and see rapid revenue increases from its EV charging network, according to a report by Reuters. The company’s electric mobility business, Sodetrel, has seen its revenue grow by 50 per cent annually […]
Total on hunt for deals after outperforming rivals
Total CEO says cost cuts help company outdo peers By Bate Felix PARIS, Feb 9 (Reuters) – French oil company Total is on the hunt to buy assets from struggling rivals, it said on Thursday, as it reported some of the biggest profits in the industry for last year and raised its dividend. Chief Executive […]
Total planning EV charging points at its French stations: CEO
Total looks to have charging points every 100 miles PARIS, Jan 31 (Reuters) – French oil and gas giant Total is planning a network of electric vehicle charging points at its petrol stations across France, the company’s Chief Executive Patrick Pouyanne said on Tuesday. “We plan to do it. We are thinking of how to […]
European power prices spike as French nuclear crisis deepens – Platts
Natural gas prices ramp up as combined-cycle-gas-turbine output jumps European power prices spiked in early Nov. as unscheduled nuclear outages in France continued to squeeze supply margins across much of Northwest Europe, according to S&P Global Platts. Natural gas prices also responded as combined cycle gas plants ramped up to capture rising prices, according to […]
Total says to cut costs by a further $1 billion
Total savings will mostly come from upstream operations By Bate Felix PARIS, Sept 22 (Reuters) – French oil and gas giant Total raised its savings target and lowered its investment forecast on Thursday in further moves to weather prolonged oil price weakness. The company is targeting cost savings of around $3 to $4 billion by 2018, […]
Engie to hang on to LNG, selling coal and oil
Engie may cut 1,150 jobs PARIS, Sept 21 (Reuters) – French gas and power group Engie is not considering selling its liquefied natural gas (LNG) activities but confirmed it will exit burning coal and producing oil, Chief Executive Isabelle Kocher told Reuters on Wednesday. On Monday, the firm’s CGT union said the company was considering the future […]
Engie considers future of its LNG unit – union
Engie union expects reorganization, possible sale PARIS, Sept 19 (Reuters) – French gas and power group Engie is considering the future of its liquefied natural gas (LNG) business, which could lead to a reorganisation and maybe a sale, the firm’s CGT union said on Monday. Earlier this year, the company set a target to sell 15 billion […]
France’s Total SA reshuffles management in renewables drive
Total SA moves Philippe Sauquet to gas, renewables and power division PARIS, July 4 (Reuters) – French oil major Total SA has moved the head of its refining and chemicals arm to run its newly created gas, renewables and power division as the group strives to become a leading renewables and electricity player within 20 […]
French oil workers, pilots strike, France seeks way out of crisis
French oil workers protest labor reforms By Emmanuel Jarry and Ingrid Melander PARIS, May 30 (Reuters) – Air France pilots voted on Monday to go on strike and oil storage workers extended a job walkout, compounding the French government’s woes as it scrambled to calm rolling protests against labour reforms ahead of the Euro soccer tournament. […]
French oil strikes cripple refineries, disrupt shipping
French oil strikes over labor reforms By Bate Felix and Amanda Cooper PARIS/LONDON, May 24 (Reuters) – Strikes by French oil sector workers protesting proposed labour reforms spread to all the country’s refineries on Tuesday, sapping petrol stations dry and creating delays for tankers at major ports. France has been hit by a wave of […]
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