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EXPLAINED: Engie - The Real Truth

French utility giant Engie to buy leading UK electricity distributor

French utility firm Engie has announced it will buy the British electricity distributor, UK Power Networks, for €10.5 billion as part of its strategy to weather variations in the energy market due to geopolitics.

Radio France Internationale

France’s Engie strikes deal to buy UK Power Networks for £10.5bn

French utility to acquire owner of electricity cables and power lines across London, south-east and east of England

The Guardian - UK

Former French diplomat faces inquiry over Jeffrey Epstein links

France’s foreign minister has ordered an investigation into a senior diplomat after revelations of his correspondence with convicted sex offender Jeffrey Epstein and past allegations of accessing child abuse websites while serving at the United Nations.

Radio France Internationale

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Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

The world must embrace renewable energy, natural gas, nuclear, and more to truly power the world into the energy transition, Mohammad Abunayyan said.

Fortune

Meta Deepens Clean Energy Pact With ENGIE

Meta Platforms, Inc. (NASDAQ:META) shares climbed Monday after the company deepened its clean energy push.

Benzinga

Homes, school and green spaces to replace old coal-fired power station

Engie sold the Rugeley Power Station site in Staffordshire to Vistry Group, which will continue work to build a sustainable neighbourhood.

Evening Standard

Developers propose more than 100 new gas power plants in Texas

New research reveals the planned expansion of gas-fired electrical generation to power artificial intelligence and other heavy industries.

The Texas Tribune

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TotalEnergies Suspends Financial Ties With Adani Group Amid US Investigation

TotalEnergies shares down as Adani Group executives indicted for corruption, but TTE not implicated and halts new contributions.

Benzinga

European Businesses Brace For Trump Return

The return of Donald Trump and his protectionist agenda to the White House will likely rock US trade relations with the world, including Europe.

International Business Times

Macron visits Morocco amid tensions over Western Sahara and immigration

French President Emmanuel Macron is in Morocco this Monday for a three-day state visit hosted by King Mohammed VI. The visit aims to strengthen ties after years of tension between the two nations, particularly over France’s stance on the disputed Western Sahara.

Radio France Internationale

Female CEOs lose ground on Fortune 500 Europe

Female CEOs lose ground on the ranking of the largest companies in Europe.

Fortune

Agreements signed for sun to rise on planned solar farm

A French energy giant is a step closer to delivering electricity in Victoria for the first time since it shuttered a major coal-fired power plant.

AAP

Energy customer payouts: who could receive them and why?

A case involving hidden fees in bills could trigger a scandal potentially bigger than the misselling of PPI, experts warn

Evening Standard

Chile's Whirlwind Energy Transition Leaves Workers Stranded

Vultures soar above the mining town of Tocopilla, where Chile's dizzying transition away from coal-fueled energy has left dozens of workers idle and unsure of their future.

International Business Times

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Top News

Engie Brasil Finds Buyer for 15% Stake in TAG!

ENGIE-BRASIL-M-A-CDPQ-TAG: Engie Brasil divests 15% stake in pipeline company TAG to CDPQ, showcasing a strategic move in the energy sector. #PoweringProgress

Fortune

Female CEOs run 7% of the Fortune 500 Europe

Europe is behind the U.S., where women run 10.4% of Fortune 500 businesses.

ABC News

Engie plans to fill Hazelwood coal mine with water in billion-dollar rehabilitation project

Engie wants to spend $1 billion turning the former mine site into a pit lake. But a conservation group says it would pollute the area so much "humans won't be able to come near it" in 50 years' time.

The Texas Tribune

Solar and wind companies are coming to rural Texas. These residents are trying to keep them out.

In Franklin County, a group of locals are concerned about potential environmental harm from renewable energy facilities and support a bill that would impose more regulations on solar and wind. The industry says it’s being unfairly singled out.

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Asharq Al-Awsat

Algeria, France Postpone Negotiations Over Gas

Algerian Minister of Energy and Mines Mohamed Arkab has met with the CEO of the French energy group (Engie), Catherine MacGregor, who visited Algiers on Tuesday and Wednesday. The meeting addressed the current state of the international natural gas market and commercial opportunities and prospects for investment in exporting electricity…

ABC News

Hazelwood mine rehabilitation plan to be assessed amid environmental concerns

The federal government will investigate the potential environmental effects of rehabilitating the Hazelwood mine in Victoria's east amid concern it could contaminate waterways.

The Texas Tribune

In South Texas, opponents say planned natural gas export facility’s carbon capture promises are “greenwashing”

A company planning to build a massive liquefied natural gas export facility near Brownsville says carbon capture technology will reduce its pollution, but some locals say it’s a “Band-Aid on a bullet hole.”

Radio France Internationale

Belgium extends contract with French energy company for nuclear reactors

After months of talks, Belgium has agreed a deal with French power firm Engie on extending the life of two nuclear reactors for a decade.

Asharq Al-Awsat

ENGIE: We Are Working with Saudi Arabia to Transition to Carbon-Neutral Economy

ENGIE CEO Catherine MacGregor affirmed that her company’s work in Saudi Arabia aligns with the Kingdom’s national transformation plan, Vision 2030, and its focus on accelerating the transition to a carbon-neutral economy. MacGregor pointed out that ENGIE, since the start of its business in Saudi Arabia more than two decades…

ABC News

Fears Hazelwood coal mine will become a toxic lake if flooded before clean-up

Environment groups fear a proposal to flood a former Victorian coal mine will create a toxic lake that may contaminate other water sources unless more is done to clean up the site.

AAP

Hydrogen powerhouse to lead energy future

One of the world's biggest renewable hydrogen plants will be built in Western Australia's Pilbara as economies move to replace fossil fuels and cut emissions.

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