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What’s Going On
Jan-Feb-Mar - 2011


02/17/2011 | What’s Going On |

Lse merges with Toronto, Scaroni deputy chair

The London Stock Exchange Group, which controls the Borsa Italiana as well, has confirmed its intended acquisition of Tmx, the company in charge of the Toronto Stock Exchange. The announcement made by the two companies stress that this is an all-share “merger of equals” and notes that the operation ...

02/10/2011 | What’s Going On |

Pirates, Italian oil tanker hijacked

The 105,000 t tanker Savina Caylyn owned by Fratelli D'Amato was hijacked last week in the Indian Ocean, with five Italians and 17 Indians aboard. An Italian navy frigate, the ‘Zeffiro' has closed in on the area where the attack took place, 880 miles from Somalia and 500 from India. ...

02/03/2011 | What’s Going On |

Egypt, Eni employees leave

In view of the current political situation, 250 Eni employees and their families are leaving Cairo for Italy on three charter flights. The Damietta Lng plant, in northern Egypt, is operating normally, but some of the non-essential personnel has been evacuated there as well. The report comes from Gas ...


01/27/2011 | What’s Going On |

Geothermal power, EGP/Uzun agreement in Turkey

Enel Green Power has reached an agreement with the Turkish concern Uzun for development of geothermal plants in Turkey. An EGP note explains that the agreement entails creation of a research and exploration company owned and managed by Egp, with Meteor, a company that is 70% owned by Uzun and 30% by ...

01/20/2011 | What’s Going On |

Endesa hires former premier Aznar as advisor

Endesa (Enel group) has hired the former Spanish premier Jose Maria Aznar, of the Popular Party, as consultant on relations with the institutions in the evolution of the country's normative and regulatory context. Newspapers claim Aznar will receive 200,000 euros a year. This news comes on the heels ...

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