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Montevideo, October 23rd 2018 - 13:01 UTC

Tag: Edison

  • Thursday, April 5th 2018 - 09:29 UTC

    Falklands included in Italy's Edison divesting of its oil and gas unit

    Edison said in 2017 it would stop investing in the upstream business and focus on oil and gas distribution, and create a new company to manage upstream business.

    Italian energy group Edison, part of French utility EDF, is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail business, four industry sources said, and quoted by Reuters. Its oil and gas unit includes interests in the Falkland Islands.