French court's ruling snags GDF-Suez deal

Article Abstract:

A court ruling requires that Gaz de France must consult with a workers' council regarding its planned merger with Suez S.A., and must wait for union representative input before moving ahead with the deal. The court stated that details of the merger have changed from those originally presented to the involved unions.

Legal issues & crime, Government regulation (cont), Government regulation, Legal/Government Regulation, Laws, regulations and rules, Acquisitions and mergers

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Belgium's worries could tangle French power tie-up

Article Abstract:

The proposed merger of Gaz de France and Suez S.A. of France would give the combined company 90 percent of the electricity and gas utilities market in Belgium. The merger would create a monopoly issue and there are concerns by the Belgium government that there may be price hikes.

Italy, France, International economic relations, Belgium, Political aspects

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Shell may cede control of project to Russia's Gazprom

Article Abstract:

Royal Dutch-Shell, which owns a 55% stake in the Sakhalin-2 project, may cede control of the Russian energy project to OAO Gazprom. Russia is opposed to foreign control of its energy projects.

Netherlands, Petroleum industry, Russia, OAO Gazprom, Royal Dutch-Shell PLC

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