Russia News Net (Free subscription) | 09/03/2008
MOSCOW, September 3 (RIA Novosti) - LUKoil and Gaz de France have signed a deal on the transfer of a 15% stake in an offshore prospecting project in Azerbaijan's Caspian Sea, the Russian oil company s...
Ria Novosti (Free subscription) | 09/03/2008
MOSCOW, September 3 (RIA Novosti) - LUKoil and Gaz de France have signed a deal on the transfer of a 15% stake in an offshore prospecting project in Azerbaijan's Caspian Sea, the Russian oil company said on Wednesday.The deal, which is still to be approved by the State Oil Company of Azerbaijan (SOCAR), will see LUKoil hold 65%, SOCAR 20% and Gaz de France 15%.The exploration project...
Market Watch (Free subscription) | 09/01/2008
LONDON (MarketWatch) -- Utility giant GDF-Suez on Monday said first-half pro-forma net income rose 14% to 3.38 billion euros ($5 billion) from 2.96 billion euros earned in the year-earlier period. Sales climbed 17% to 43.1 billion euros. The results are the first since the merger of Gaz de France SA and Suez SA last month. The group confirmed its objective for growth in earnings before interest,...
France24 (Free subscription) | 09/01/2008
GDF Suez, the product of a recent merger between Gaz de France and the Suez group, has published promising first half earnings with profits up 14 percent and sales up by 17 percent. The company's shares rose by nearly 1 percent.
DealBook (Free subscription) | 09/02/2008
... prices for natural gas.The company, reporting its first consolidated results since the merger of Gaz de France and Suez in July, also said it wanted to expand in nuclear energy production in Europe.Net income for the six months through June was 3.38 billion eruos, or $4.93 billion, compared with the combined 2.96 billion euros reported by Gaz de France and Suez a year ago, the company,...
Forbes (Free subscription) | 09/03/2008
... energy prices. (See ) It was the first set of results from the company formed last month when Gaz de France, the French state-controlled gas firm, with Suez, a Franco-Belgian electricity company, in a 70.0 billion euro ($1.0 billion) deal. The company also said it was sticking to its targets for the year of growth in earnings before interest, taxes depreciation and amortization of over 10.0%,...
Forbes (Free subscription) | 09/02/2008
... energy prices. (See ) It was the first set of results from the company formed last month when Gaz de France, the French state-controlled gas firm, with Suez, a Franco-Belgian electricity company, in a 70.0 billion euro ($1.0 billion) deal. The company also said it was sticking to its targets for the year of growth in earnings before interest, taxes depreciation and amortization of over 10.0%,...
The Telegraph (Free subscription) | 09/02/2008
... Energy in May ahead of its €93bn (£75bn) merger two months later with state-controlled gas group Gaz de France.The enlarged group remained interested in the British nuclear sector broadly, Mr Mestrallet said yesterday.A spokesman said it was too soon to indicate how GDF Suez might enter the market, but Mr Mestrallet has previously signalled it is interested in building and running nuclear...
The Earth Times Online Newspaper (Free subscription) | 09/01/2008
... established on a comparable basis.(1) Furthermore, 2008 consolidated first half year results of Gaz de France and of SUEZ have also been otherwise established and submitted to the audit committee.(2) Strong earnings growth GDF SUEZ produced excellent operating and financial performances during first-half 2008. Every business line contributed to numerous commercial and industrial developments....
PR News Wire (Free subscription) | 09/01/2008
... established on a comparable basis.(1) Furthermore, 2008 consolidated first half year results of Gaz de France and of SUEZ have also been otherwise established and submitted to the audit committee.(2) Strong earnings growth GDF SUEZ produced excellent operating and financial performances during first-half 2008. Every business line contributed to numerous commercial and industrial developments....
Law Blog - WSJ.com (Free subscription) | 09/01/2008
The company, formed in July through the combination of France's state-controlled gas company Gaz de France with Franco-Belgian electric company Suez, said net profit rose to €3.38 billion ($4.96 billion) in the six months to June 30, from €2.96 billion a year earlier, according to pro forma figures. The pro forma figures are calculated as though the two utilities were already merged for the...
Forbes (Free subscription) | 09/01/2008
French utility giant GDF Suez said on Monday that net profits for the first six months of the year jumped 14.0% on strong demand from Europe and higher energy prices. It was the first set of results from the company formed last month when Gaz de France, the French state-controlled gas firm, with Suez, a Franco-Belgian electricity company, in a 70.0 billion euro ($1.0 billion) deal. GDF Suez...
Boston Globe (Free subscription) | 09/01/2008
PARIS—GDF Suez, France's newly created electricity and natural gas powerhouse, said Monday that strong energy demand in Europe and high oil prices helped power double-digit growth in sales and earnings in the first half of the year.The company, formed in July through the combination of France's state-controlled gas company Gaz de France with Franco-Belgian electric company Suez, said net profit...
