• *To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- Germany's top utility E.ON said it would split in two, spinning off power plants to focus on renewable energy and power grids, a dramatic response to industry changes that could trigger similar moves at European peers.

  • ANKARA, Nov 25- Turkey has entered exclusive preliminary talks with U.S.-based Westinghouse Electric Company, part of Japan's Toshiba group, on building the country's third nuclear power plant, Westinghouse said. Turkey currently has projects for two nuclear plants, which are expected to cost $20 billion and $22 billion respectively. In 2013, a consortium of...

  • European shares stage small bounce as Iliad, KBC rally Thursday, 13 Nov 2014 | 4:09 AM ET

    *Utilities lag again as GDF, Abengoa cut guidance. LONDON, Nov 13- European shares staged a modest rebound on Thursday as a boost from strong results from telecoms firm Iliad and financial group KBC was curbed by new gloomy updates in the utilities sector. The index is struggling to make headway past a two-month high hit last week as investors weigh a relatively...

  • PARIS, Nov 6- The French government and the top private shareholder in Thales, Europe's largest defence electronics firm, are split over how to pick a successor to departing Chief Executive Jean-Bernard Levy, people familiar with the matter said. External candidates include Antoine Bouvier, chief executive for the past seven years at MBDA, a missile maker owned...

  • SINGAPORE, Nov 3- North American liquefied natural gas projects, once believed to be the panacea that would save Asia from paying top dollar for the super chilled fuel, are proving to be less of a gamechanger than originally expected. High costs, gruelling regulatory processes and mounting social opposition have slowed the development of new capacity in Canada...

  • Although Paris- listed, the firm has less than a quarter of its employees in France, while a majority of its shareholders are to be found outside the country. However, comments from the ex-CEO himself and sources close to the board made clear that his decision to move to Boston from Paris in June, and to consider cutting jobs in France without sharing the ideas at the...

  • Italy's local utility shake up seen tempting China Thursday, 23 Oct 2014 | 9:25 AM ET

    MILAN, Oct 23- Italy's plan to reduce energy prices by pushing local government out of utilities and promoting mergers is likely to create larger, more efficient companies that could also appeal to foreign buyers, such as the Chinese. Rome has ruffled feathers in the European Union by putting back its goal of achieving a balanced budget to confront its severe...

  • PARIS, Oct 13- Areva, France's struggling reactor builder, is unlikely to win much in the way of big new nuclear export contracts despite a major government-backed effort to woo customers at a trade show this week. The Oct. 14-16 World Nuclear Exhibition, at the same venue as the Le Bourget airshow, is designed to boost Areva and France's associated nuclear industry,...

  • LONDON, Aug 19- Britain's dominance in European natural gas trading is under threat from a Dutch trading hub where volumes are soaring, buoyed in part by Europe's utility companies who prefer to hedge their deals in euros. Britain has been the region's leading gas trading hub since North Sea oil and gas discoveries in the 1970 s made it Europe's main producer.

  • FRANKFURT/ MILAN/ LONDON, Aug 8- Several Italian utilities and private equity groups are expected to hand in tentative offers worth about 2 billion euros for E.ON' s Italian unit early next week, people familiar with the matter told Reuters.

  • MEXICO CITY, July 21- Mexico's national power company CFE said on Monday it will offer $2.8 billion in natural gas and electricity infrastructure project contracts by the end of this year aimed at boosting economic growth.

  • PARIS, July 9- The euro zone must work to bolster the role of its common currency in international business transactions, France's finance minister said on Wednesday, comments supported later by the head of French utility GDF Suez.

  • PARIS, July 7- French gas and power group GDF Suez has bought the UK facilities management business of Australian property group Lend Lease, the firm said in a statement on Monday.

  • GDF Suez signs Mirfa power and water deal in Abu Dhabi Thursday, 3 Jul 2014 | 3:17 AM ET

    PARIS, July 3- French utility GDF Suez said it signed a 25- year water and power contract with the Abu Dhabi Water and Electricity Company as it seeks to capitalise on growing demand in the region.

  • *Ukraine crisis makes LNG-to- Germany link more important. CREPY-EN-VALOIS, France, July 2- A pipeline under construction in the beetroot fields of northern France is set to link a new liquefied natural gas terminal in the port of Dunkirk with Germany by 2016, offering Europe's biggest energy market an alternative to Russian gas.

  • *Fall in GDF Suez weighs on France's CAC index. LONDON, June 25- European shares fell on Wednesday with a standout drop for utility GDF Suez and traders citing fears that violence in Iraq will escalate further as a cue for investors to cash in on last month's equity rally.

  • *Fall in GDF Suez weighs on France's CAC equity index. LONDON, June 25- European shares fell on Wednesday, led lower by a drop in France's CAC index, with traders citing fears that violence in Iraq will escalate further as a cue for investors to cash in on last month's equity rally.

  • European shares hit 3-week low on Iraq concerns Wednesday, 25 Jun 2014 | 4:13 AM ET

    *GDF-Suez sags as France sells stake at bottom of range. PARIS, June 25- European shares dropped on Wednesday, mirroring a pull-back on Wall Street and in Asia as mounting worries over violence in Iraq prompted investors to book profits after a strong run.

  • Europe shares fall early; GDF-Suez sinks after placement Wednesday, 25 Jun 2014 | 3:11 AM ET

    PARIS, June 25- European shares fell in early trade on Wednesday, mirroring a pull-back on Wall Street and in Asia as mounting worries over violence in Iraq prompted investors to book recent strong gains. At 0702 GMT, the FTSEurofirst 300 index of top European shares was down 0.5 percent at 1,379.41 points.

  • Bond market to go ‘green’ this year: S&P Tuesday, 20 May 2014 | 9:01 AM ET

    The "green" corporate bond market will double in size this year, according to Standard & Poor's ratings services.