Shell to sell its Downstream business in Argentina to Raízen

by Timothy Reeder | Apr 24, 2018 | News

Shell has signed an agreement to sell its Downstream business in Argentina to Raízen for US$0.95 billion in cash proceeds at completion, subject to customary closing conditions. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied...

READ Cased Hole strengthens Middle East service with regional appointment

by Timothy Reeder | Apr 18, 2018 | News

Production and integrity evaluation specialist, READ Cased Hole Ltd (READ) has reinforced its commitment to the Middle East region with the appointment of a new Middle East Account Manager. Mohd. Mansour Esreb, based in Doha, Qatar will work with READ to drive new...

Total enters into an agreement for the proposed acquisition of Direct Energie to accelerate its ambition in gas and electricity in France and Belgium

by Timothy Reeder | Apr 18, 2018 | News

Total has entered into an agreement with the controlling shareholders of Direct Energie1 for the proposed acquisition of 74.33% of its share capital2, at a price of €42 per share, ex-dividend of €0.35 per share, representing an aggregate acquisition price of...

Commissioning of the offshore wind farm Rampion

by Timothy Reeder | Apr 18, 2018 | News

The construction of the Rampion offshore wind farm in the British Channel has made significant progress. All 116 turbines are online and feed renewable energy into the grid. The Rampion thus reaches its maximum generation capacity of 400 megawatts, which can supply...

E.ON rolls out eMobility business in Norway

by Timothy Reeder | Apr 18, 2018 | News

E.ON is expanding its electromobility business internationally and intensifying competition in Norway, the world’s leading market for electric vehicles. From now on E.ON is launching a nationwide product campaign to promote its mobility offerings for private...