Suez Environnement will remain a “spectator” to talks on the future of Saur as it has no interest in acquiring France’s third-largest water utility, according to Chief Executive Officer Jean-Louis Chaussade.
Russia plans to switch from a flat rate of tax on natural gas producers to a formula that takes into account energy prices and the difficulty of extracting the fuel, according to a draft released today.
Turkey, which gets almost all of its energy from abroad, will debate a bill today that seeks to lure foreign companies to explore for oil and gas by ending the preferential treatment of state-run TPAO Turkiye Petrolleri AO.
Electricite de France SA, Europe’s biggest power generator, is in exclusive talks to sell a 49 percent stake in a Slovakian electricity distributor for about 400 million euros ($514 million), EDF said in a statement today.
Royal Dutch Shell Plc Chief Executive Officer Peter Voser said it’s too early to speculate about the European oil-price fixing probe and the company is committed to the “highest standard of corporate behavior.”