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United States

Benjamin Mallet

RPT-FOCUS-Engie to scale back overseas, cut costs to boost revenues - sources

Feb 22 2019

PARIS, Feb 21 Utility Engie is poised to cut back its geographical spread of businesses and focus on grids and renewables in a 1 billion euro cost-cutting drive to bolster revenues, sources familiar with the matter said.

Engie to scale back overseas, cut costs to boost revenues: sources

Feb 21 2019

PARIS Utility Engie is poised to cut back its geographical spread of businesses and focus on grids and renewables in a 1 billion euro cost-cutting drive to bolster revenues, sources familiar with the matter said.

France considering lower electricity tax for households: sources

Dec 06 2018

PARIS In the wake of violent protests across France sparked by planned tax rises on gasoline and diesel the government is considering lowering taxes on electricity, two sources familiar with the situation told Reuters on Thursday.

French power companies consider legal challenge to price freeze

Dec 04 2018

PARIS French independent power vendors association ANODE is considering making a legal challenge to a government freeze on state-owned EDF's electricity prices, it said on Tuesday.

Total has 'Uber-like' ambitions to shake up French power market

Nov 26 2018

PARIS Total's French retail electricity arm is on track to win 700,000 customers this year, challenging former state monopolies EDF and Engie with a low-cost, digital service it believes could mimic Uber's success in the taxi market.

French energy plan to go slow on cutting nuclear dependency

Oct 03 2018

PARIS, Oct 3 France will adopt a go-slow approach to reducing its reliance on nuclear energy, with a focus on cutting carbon emissions, in its new long-term energy plan this month, industrial sources said.

France's Saft targets new generation battery production from 2020

Sep 12 2018

PARIS France's Saft, a unit of energy company Total , expects its four-way European battery alliance to begin mass production of new generation lithium-ion batteries from early 2020.

France's Saft targets new generation battery production from 2020

Sep 12 2018

PARIS, Sept 12 France's Saft, a unit of energy company Total, expects its four-way European battery alliance to begin mass production of new generation lithium-ion batteries from early 2020.

Shrinking gas giant Engie eyes deals to stem earnings loss

Mar 06 2018

PARIS French power utility Engie is looking at big acquisitions that will generate cash, in a strategy switch following the sale of 15 billion euros of assets that have shrunk its earnings base, according to two sources close to the company.

French government backs Solvay's Clamadieu as new Engie chairman

Feb 12 2018

PARIS The French government backs Jean-Pierre Clamadieu, chief executive of Belgian chemical group Solvay , to become chairman of gas and power group Engie , a source close to the French finance ministry said on Monday.

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