France will release a tanker after hitting it with a multimillion-euro fine for flouting European sanctions on Russian oil, following its seizure in the Mediterranean Sea last month.
France will release a tanker after hitting it with a multimillion-euro fine for flouting European sanctions on Russian oil, following its seizure in the Mediterranean Sea last month.
Swedish utility Vattenfall AB is poised to exit the French energy retail market, as prices decline and power distributors no longer have the option to buy discounted power from Electricite de France SA.
Swedish utility Vattenfall AB is poised to exit the French energy retail market, as prices decline and power distributors no longer have the option to buy discounted power from Electricite de France SA.
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
The power glut is pushing prices lower, which is complicating EDF’s efforts to finance plans for six new reactors to replace some France's aging units. Photographer: Nathan Laine/Bloomberg
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
Electricite de France SA said growing solar and wind generation was increasing equipment wear and maintenance costs at its nuclear reactors, which are forced to reduce output when power demand is insufficient.
The power glut is pushing prices lower, which is complicating EDF’s efforts to finance plans for six new reactors to replace some France's aging units. Photographer: Nathan Laine/Bloomberg
France has scaled back plans to expand solar and onshore wind capacity as it grapples with political tensions over energy policy and a power surplus driven by a slower-than-expected shift away from fossil fuels.
France has scaled back plans to expand solar and onshore wind capacity as it grapples with political tensions over energy policy and a power surplus driven by a slower-than-expected shift away from fossil fuels.
A series of office towers in Paris’s financial district are being taken over by lenders or are set for cut-price sales as the area grapples with a soaring vacancy rate and collapsing valuations.
A series of office towers in Paris’s financial district are being taken over by lenders or are set for cut-price sales as the area grapples with a soaring vacancy rate and collapsing valuations.
The La Defense financial district in Paris. Photographer: Nathan Laine/Bloomberg
France’s navy boarded an oil tanker coming from Russia into the Mediterranean Sea, as part of a global crackdown on shadow fleet ships used to export sanctioned crude.
France’s navy boarded an oil tanker coming from Russia into the Mediterranean Sea, as part of a global crackdown on shadow fleet ships used to export sanctioned crude.
France is lagging behind targeted cuts in greenhouse gas emissions, adding to signs that Europe’s largest economies will struggle to reach their 2030 climate goals.
France is lagging behind targeted cuts in greenhouse gas emissions, adding to signs that Europe’s largest economies will struggle to reach their 2030 climate goals.
The Eiffel Tower and city rooftops during cold weather in central Paris. Photographer: Benjamin Girette/Bloomberg
French oil-field surveyor Viridien SA could potentially sell its land and marine seismic equipment business, allowing it to focus on reservoir data-processing and possibly cut debt faster.
French oil-field surveyor Viridien SA could potentially sell its land and marine seismic equipment business, allowing it to focus on reservoir data-processing and possibly cut debt faster.
The Viridien Group pavilion in the exhibition hall at the African Energy Week (AEW) conference in Cape Town, South Africa, on Tuesday, Sept. 30, 2025. Texas Senator Ted Cruz pledged deeper American investment in Africa’s energy industry, casting the US as a strategic alternative to China. Photographer: Dwayne Senior/Bloomberg
Electricite de France SA raised its cost estimates for the six nuclear reactors it plans to build in its home country by 8% to €72.8 billion ($85 billion), highlighting the funding challenge faced by the state-owned utility as construction costs continue to rise.
Electricite de France SA raised its cost estimates for the six nuclear reactors it plans to build in its home country by 8% to €72.8 billion ($85 billion), highlighting the funding challenge faced by the state-owned utility as construction costs continue to rise.
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin prices, despite their recent slump on growing concerns about a global surplus.
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin prices, despite their recent slump on growing concerns about a global surplus.
Patrick Pouyanne Photographer: Benjamin Girette/Bloomberg
France is seeking to delay a European Union vote scheduled for this week on a free-trade agreement with some of the largest South American economies, saying that measures to protect the bloc’s farmers and consumers are insufficient.
France is seeking to delay a European Union vote scheduled for this week on a free-trade agreement with some of the largest South American economies, saying that measures to protect the bloc’s farmers and consumers are insufficient.
Sebastien Lecornu, France's prime minister, leaves the Elysee Palace in Paris, France, on Tuesday, Oct. 14, 2025. Lecornu was reappointed on Friday, just four days after resigning amid political infighting.
French utility Engie SA and Danish investor Copenhagen Infrastructure Partners are competing for the European onshore wind business of Orsted A/S, according to people familiar with the matter.
French utility Engie SA and Danish investor Copenhagen Infrastructure Partners are competing for the European onshore wind business of Orsted A/S, according to people familiar with the matter.
A wind turbine near the Avedore power station, operated by Orsted A/S, near Copenhagen, Denmark, on Wednesday, Aug. 20, 2025. Denmark's plan to inject billions of dollars into Orsted A/S has sparked political backlash at a time when taxpayers are already spending more on defense and the fiscal bonanza from drug giant Novo Nordisk A/S is fading.
Galp Energia SGPS SA shares tumbled as much as 15% in Lisbon — their steepest drop since March 2020 — after a long-anticipated transaction with TotalEnergies SE failed to meet investor expectations.
Galp Energia SGPS SA shares tumbled as much as 15% in Lisbon — their steepest drop since March 2020 — after a long-anticipated transaction with TotalEnergies SE failed to meet investor expectations.
Vapour rises from a chimney at the Galp Energia SGPS SA Sines oil refinery plant. Photographer: Goncalo Fonseca/Bloomberg
TotalEnergies SE has emerged as the leading bidder to buy a stake in Galp Energia SGPS SA’s major oil discovery offshore Namibia, according to people familiar with the matter.
TotalEnergies SE has emerged as the leading bidder to buy a stake in Galp Energia SGPS SA’s major oil discovery offshore Namibia, according to people familiar with the matter.
Electricite de France SA is seeking to convince France’s largest construction firms to work together on new nuclear reactors as the state-owned utility tries to contain project costs.
Electricite de France SA is seeking to convince France’s largest construction firms to work together on new nuclear reactors as the state-owned utility tries to contain project costs.
Anmelden
