|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||15.86 - 16.02|
|52-week range||11.87 - 18.07|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.83 (5.34%)|
|1y target est||N/A|
Standing by a towering equatorial forest, Jean-Noel Kouame's new breeze-block house may be beyond the reach of Ivory Coast's power grid, but it's perfectly located for solar power entrepreneurs. Buoyed by success in East Africa, off-grid solar power startups are pouring into West Africa, offering pay-as-you-go kits in a race to claim tens of millions of customers who lack reliable access to electricity. At least 11 companies, including leading East African players such as Greenlight Planet, d.light, Off-Grid Electric (OGE), M-KOPE Solar, Fenix International and BBOXX, have moved into the region, most within the last two years.
Brazilian state-controlled oil company Petroleo Brasileiro SA has set a late-March deadline to receive binding proposals for a controlling stake in gas pipeline network Transportadora Associada de Gás (TAG), three people with knowledge of the matter said. Consortia led by Australia's Macquarie Group Ltd, French utility Engie SA and United Arab Emirates' sovereign wealth fund Mubadala Development Co are preparing their offers, the sources added, asking for anonymity because talks are private. The consortia are in talks with banks to discuss financing, the sources added, saying that consortia bids may be north of $7 billion, which would make TAG one of the largest divestments by Petrobras, as the state-controlled company is known.
New Engie (ENGIE.PA) chairman and current Solvay (SOLB.BR) CEO Jean-Pierre Clamadieu expressed support for Engie's chief executive Isabelle Kocher in a radio interview with BFM Business, and said Engie should eye acquisition opportunities. Kocher, 51, had wanted to combine the roles of both CEO and chairman at French utility Engie after the impending retirement of current Engie chairman Gerard Mestrallet.
The French government backs Jean-Pierre Clamadieu, chief executive of Belgian chemical group Solvay (SOLB.BR), to become chairman of gas and power group Engie (ENGIE.PA), a source close to the French finance ministry said on Monday. The source said Finance Minister Bruno Le Maire had met with Clamadieu on Monday and that the government, which owns 24.1 percent of Engie's capital, would support Clamadieu if he were to be proposed as chairman at a board meeting on Tuesday. A second source familiar with the situation said "there was a good chance" Clamadieu, a French national, would be chosen on Tuesday to succeed Gerard Mestrallet, who will retire in May.
The recent arrival in Boston of an LNG vessel carrying Russian natural gas has rekindled the debate on U.S. energy independence
The renewables race is heating up in the Middle East, with Saudi Arabia and the United Arab Emirates doubling down on clean energy investments
The tanker carrying Russian natural gas that’s been sitting outside of Boston Harbor for days will probably land over the weekend, according to the U.S. Coast Guard.
The threat of another blast of bitterly cold arctic air bearing down on the U.S. is sending natural-gas futures prices to their highest level in more than a year.
A second tanker carrying Russian natural gas may be on the way to the U.S., following in the footsteps of a ship now sitting near Boston Harbor with a similar cargo.
Engie (ENGIE.PA) Chief Executive Isabelle Kocher said on Sunday she would welcome a new board chairman if the right person could be found after Gerard Mestrallet retires in May. Kocher, who was appointed CEO in May 2016 after Mestrallet gave up that role, has never said whether she wants to combine the two functions as Mestrallet did. "If a new chair were to join us and he is compatible, believes in our strategy and help us to accelerate it, I would be delighted," Kocher said on CNEWS television.
The liquefied natural gas tanker headed to the U.S. with a controversial cargo is due to resume its journey after making a U-turn in the middle of the Atlantic Ocean last night.
For a lesson in how liquefied natural gas is radically reshaping the global energy market, consider the tale of a ship heading to Boston. The huge Gaselys tanker is being closely tracked by energy traders, ...
McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) a specialist in hydrogen production, storage and distribution equipment, is today announcing that it has been selected by ENGIE for a new McFilling hydrogen station.
A vessel that picked up liquefied natural gas from the United Kingdom that was headed to the United States has turned toward the Mediterranean, according to Thomson Reuters shipping data on Wednesday. Engie SA (LSE: 0LD0.L - news) 's Gaselys tanker picked up LNG from National Grid SA's Isle of Grain facility near London on Dec (Shanghai: 600875.SS - news) . 30. It was initially expected to deliver LNG to Boston on Jan. 22, according to the Reuters data and a report by S&P Global Platts.
A vessel that may be carrying liquefied natural gas from Russia's new Yamal LNG export terminal could be heading to the United States despite sanctions against the company that operates the Russian facility, according to a report by S&P Global Platts and Thomson Reuters (Dusseldorf: TOC.DU - news) shipping data. De Margerie picked up a cargo from Novatek PAO's Yamal facility, Russia's second LNG export terminal, on Dec (Shanghai: 600875.SS - news) .
At least three consortia, led by France's Engie SA (ENGIE.PA), Australia's Macquarie Group Ltd (MQG.AX) and the United Arab Emirates' sovereign wealth fund Mubadala Development Co, delivered proposals for a Brazilian gas pipeline network owned by state oil company Petrobras, three people with knowledge of the matter said. Friday was the final day for the delivery of proposals, in the first phase of the process to acquire a 90 percent stake in Transportadora Associada de Gás SA, the Petrobras unit known as TAG, which owns 4,500 kilometers (2,800 miles) of pipelines in northeast Brazil.
French energy group Engie SA (ENGIE.PA), Spain's Elecnor (ENOR.MC), India's Sterlite Power Grid (SPGV.NS) and Brazilian company Neoenergia SA were among winners in a government auction of licenses to build power transmission lines in Brazil. The power lines they will build will draw combined investments of 7.17 billion reais ($2.16 billion), according to estimates by Brazil's electricity regulator Aneel. Aneel registered a 40 percent fall on average for the values of tariffs the projects will be allowed to charge.
Pakistan is in talks to import liquefied natural gas (LNG) from France, Italy and Spain, a senior Pakistani source said, raising the prospect of new contracts for Engie (LSE: 0LD0.L - news) , Eni (LSE: 0N9S.L - news) and Gas Natural (Frankfurt: 38G.F - news) Fenosa. Pakistan has been seeking intergovernment agreements (IGAs) across the world to bolster its LNG imports and tackle its chronic energy shortages. It opened its second LNG import terminal in Karachi last week and Prime Minister Shahid Khaqan Abbasi said up to five more terminals were in the works.
Engie SA and Mitsui & Co. agreed to sell the Loy Yang B coal power plant in Australia’s Victoria state to Alinta Energy Holdings Ltd., boosting the Hong Kong-owned utility’s exposure to the fossil fuel....
Total SA’s billion-dollar deal to buy liquefied natural gas assets from Engie SA shows how much size matters in the industry.
TOTAL's (TOT) decision to acquire upstream liquefied natural gas assets of Engie will help it expand its LNG business exponentially
Total said on Wednesday it has acquired the upstream liquefied natural gas (LNG) interests of French power and gas utility Engie for around $1.5 billion, in a deal which is set to make it the world's second largest player in the LNG market, with a 10 percent share. Total said the portfolio includes liquefaction plants, notably Engie's interest in the Cameron LNG project in the United States, long-term LNG sales and purchase agreements, an LNG tanker fleet as well as access to regasification capacities in Europe.