RWE AG (RWEG_p.DE)
|Market Cap (Mil.):||€15,761.84|
|Shares Outstanding (Mil.):||614.75|
FRANKFURT, Dec 19 - German chemicals maker BASF is preparing a bid for DEA, the oil and gas exploration and production (E&P) unit put up for sale by Germany's No.2 utility RWE, Frankfurter Allgemeine Zeitung (FAZ) reported.
* RWE's western German Garzweiler mining can continue unhindered
BUDAPEST, Dec 9 - Hungarian state-owned energy group MVM could buy German firm RWE's 49 percent stake in Budapest gas utility Fogaz Zrt as soon as this year, the daily Magyar Nemzet quoted Fogaz CEO Laszlo Koncz as saying in an interview on Monday.
ROME - Italian oil and gas group Eni said it may demand as much as $10 billion from Norway's Statoil in arbitration in one of the biggest cases ever over expensive long-term gas contracts.
Nov 27 - Npower, the UK arm of Germany utility RWE , said on Thursday it is planning to make 1,460 people redundant in Britain as it outsources back-office and customer service jobs to Capita and Tata Consultancy Services.
- Npower, the UK arm of Germany utility RWE , is expected on Thursday to announce it is moving 1,000 back-office jobs to India from Britain and axing another 400 in the UK, a source familiar with the matter said.
* Energy policy uncertainty threatens investment - consultant
FRANKFURT, Nov 26 - German utility RWE has scrapped plans to build one of the world's largest offshore wind parks in Britain, as soaring gas and electricity prices fuel uncertainty over the UK government's commitment to renewable energy subsidies.
Nov 21 - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:
* L1 plans up to $20 bln of investments over next 3-5 yrs