Tag Archives: France

Saudi Arabia has announced the signing of an agreement with French authorities on the peaceful use of nuclear energy and future opportunities in various energy fields, including renewable energy, clean hydrogen and electricity interconnection. The pact was signed by Prince Abdulaziz Bin Salman, Minister of Energy, with the visiting French …

France’s TotalEnergies will buy 19.4% of its shares from Russian energy giant Novatek for $3.7 billion, the company said. TotalEnergies will fire two of its representatives from Novatek’s board of directors and will no longer include income from its investment in Novatek in its financial statements. The move will also …

French Ambassador to Libya, Mostafa Mihraje, has called for establishing a joint committee between the French Petroleum Institute and the Libyan oil sector, expressing the readiness of his country’s companies to provide technical assistance on this side. Mihraje held talks with Libya’s Minister of Oil and Gas, Mohamed Aoun, which …

Irish and French energy regulators confirmed that the Celtic Interconnector will be completed by 2027, despite a substantial re-evaluation of the project’s costs. The French grid operator also confirmed the partial launch of the Savoy-Piedmont electricity interconnection. The network operators behind the Celtic Interconnector project, an electricity connection between France …

France is staring down a serious risk of blackouts this winter, with French utility EDF lowering its nuclear power output forecast for this year to 275-285 terawatt hours, according to Bloomberg’s Javier Blas. The shift in power forecast is a sizeable one, down from its previous 280-300 TWh, which EDF …

U.S. trade and energy policies have created a “double standard”, with Europe left paying higher prices for its natural gas, French President Emmanuel Macron said on Friday. France, the latest—and largest–country to withdraw from the Energy Charter Treaty, has switched from being a net exporter of energy last year, to …

Replacing plans to extend the so-called MidCat pipeline across the Pyrenees, previously opposed by France, Spain and Portugal, they announced they will build an ocean-based pipeline to transport hydrogen and gas between Barcelona and Marseille. Portuguese Prime Minister Antonio Costa said the pipeline, also known as BarMar, will help pump …

Spain has agreed with Portugal and France to substitute plans for a gas pipeline known as Midcat with a new “green corridor” running between Barcelona and Marseille that would channel natural gas and hydrogen, Spain’s PM Pedro Sanchez said on Thursday. Unlike the Midcat project in the Pyrenees, the new …

France is considering increasing its capacity for uranium enrichment as the Western allies look to reduce their reliance on Russian nuclear power plant fuel. French state-held uranium conversion and enrichment specialist Orano SA is reviewing options to boost the capacity at its Georges Besse II plant to 11 million separative …

France is working up to fully nationalizing the currently 84% state-owned nuclear energy company Électricité de France (EDF) at the same time that the company is anticipating a massive downturn in profits. EDF had already warned investors that its core profits would take a considerable hit this year, but just …