Total Keeps Dividend But Cuts Investment Target
Total trimmed its 2020 investment target on Friday after a sharp drop in third-quarter net profit, though the French oil and gas producer maintained its dividend.The company cut its investment target to $13…
First LNG Cargo Exported from Ichthys
French oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) cargo from Australia's Ichthys LNG project has been exported following the production start-up at the end of July.Ichthys LNG, with reserves of more than 3
Repsol, Criteria to Sell 20% of Gas Natural to GIP
Spain's Repsol and Criteria Caixa, the holding company that owns Caixabank , have agreed a 3.8 billion-euro ($4.27 billion) deal to each sell a 10 percent stake in Gas Natural to Global Infrastructure Partners, they said.
Gamesa Beats Forecasts as First Quarter Sales Jump
Spanish wind turbine maker Gamesa said on Thursday its recurrent operating profit rose more than expected in the first quarter to 119 million euros ($135.68 million), up 81 percent from a year earlier, helped by rising sales.
Nordex to Buy Acciona's Wind Power Business
German wind turbine maker Nordex is buying Spanish firm Acciona's wind power business for 785 million euros ($882 million) in cash and shares to create a global player in the wind energy market, it said late on Sunday.
Repsol Sells Part of Piped Gas Business
Spanish oil major Repsol on Wednesday said it had sold part of its piped gas business to Gas Natural Distribution and Redexis Gas for 652 million euros ($728 million), helping it reach its asset disposal target.
Books Covered on Spains's Aena Share Sale
Books are covered for the stock market listing of Spanish airport group Aena, two sources close to the deal said on Monday, after strong demand for the shares in the first day of "roadshow" meetings with investors.
Abengoa Raises $328 mln from U.S. Share Sale
Spanish renewable energy firm Abengoa, which is selling assets to cut debt, said it had raised $328 million from selling shares in its U.S. unit after banks underwriting the offer bought more of the stock.
Repsol Exits Canary Islands Empty Handed
MADRID, Jan 16 (Reuters) - Spanish oil group Repsol said on Friday it was calling off exploratory drilling in the sea around the Canary Islands, saying it found oil and gas but in water-logged subsoil and in insufficient quantities.
Spain's Indebted Abengoa Cutting Stake
Indebted Spanish renewable energy and engineering firm Abengoa said on Thursday it was cutting its controlling stake in its U.S. unit and shedding some assets as it tries to improve its financial structure.
Iberdrola Partnership to Build Three Brazilian Wind Farms
Iberdrola has been awarded a contract to build and operate three wind farms in Brazil with a total 90 megawatt capacity alongside local partner Neoenergia, the Spanish renewable energy company said on Tuesday.
Santander Ends Ex-IMF Chief Rato's Contract
Spain's Santander is disbanding its 12-strong international advisory board, a spokesman said on Friday, in a move that ends ex-IMF chief Rodrigo Rato's tenure at the bank and is the highest-profile decision yet from new boss Ana Botin.
Spain's Gas Natural buys 96.5 pct of Chile's CGE
Spanish gas and electricity firm Gas Natural said on Friday it had acquired 96.5 percent of Chile's biggest electricity distributor Compania General de Electricidad (CGE). Gas Natural in mid-October said it…
Gamesa Predicts Double-digit Sales Growth in 2015
Spanish wind turbine maker Gamesa on Thursday said it foresaw a double-digit growth rate in sales in 2015, after posting a 17 percent rise in sales in the first nine months of 2014 compared to a year ago.
Slew of Spanish Lawsuits Filed over Renewable Energy Reforms
Spain's Supreme Court has accepted at least 125 lawsuits so far this month from firms and individuals fighting energy reforms, official data showed, after the government changed the rules on investments in renewable projects and cut subsidies.
First Reserve to Sell 4.25% of Spain's Abengoa
Abengoa shareholder FR Alfajor Holdings, a company that groups stock owned by U.S. private equity firm First Reserve Corp., is placing about 4.25 percent of the Spanish renewable energy firm in the market, bookrunner Citi said.
Spanish Power Firm Iberdrola Names New CEO
Spanish power firm Iberdrola on Tuesday said its board had agreed to name Francisco Martinez Corcoles, who used to run its non-regulated business, as its new chief executive officer after his predecessor stepped down.
