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[grupo guitarlumber] 04/3/2011 10:35

GDF Suez : Vente du Call K556B

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Imprimer..Sociétés :GDF SUEZRubriques :Bourse.Le vendredi 4 mars 2011, à 10h 14
Depuis le test de la résistance à 30 euros, le titre se replie. Les indicateurs techniques restent en territoire négatif et militent pour une poursuite du recul. Nous clôturons la position.

[grupo guitarlumber] 04/3/2011 10:13

GDF Suez CEO Says France Should Explore for Shale Gas
By Tara Patel - Mar 3, 2011 5:44 PM GMT+0100 Tweet inShare.0More
Business ExchangeBuzz up!DiggPrint Email .GDF Suez (GSZ) SA Chief Executive Officer Gerard Mestrallet said France should evaluate the extent of its shale gas reserves before deciding whether to exploit them.

"Some people are saying that we should not even give ourselves the right to know," whether France has reserves of the unconventional gas, Mestrallet said today on BFM radio. "We want to know. It's in the country's interest to know."

The government should then decide whether to allow development of the reserves and leave companies to decide whether to proceed, Mestrallet said.

GDF Suez is in talks with Schuepbach Energy LLC on taking a stake in two permits it holds in southern France to explore for the energy, which is extracted by fracturing shale rock. The French government last month announced a drilling moratorium for shale oil and gas exploration projects until at least mid-April when the first conclusions of a report on the economic, social and environmental implications will be published.

"The first question is whether this gas exists in France," Mestrallet said later at a press conference. "The next question is whether we can develop it while protecting the environment."

French environmental groups have said drilling risks contaminating the water supply because chemicals are used when blasting shale to extract oil and gas, a method that has also met opposition in the U.S.

"We don't even know whether there is shale gas in France," Total Chief Executive Officer Christophe de Margerie last month. "When we look at a map of the world, France isn't considered the most attractive country for it."

Schuepbach was planning to drill two wells in October to search for shale gas while Total SA (FP) had plans for a first well at the start of 2012, Environment Minister Nathalie Kosciusko- Morizet and Industry Minister Eric Besson said in a joint statement in February.

"Imagine if we found very large amounts of gas. France should then ask itself some questions," Mestrallet said.

To contact the reporter on this story: Tara Patel in Paris at [e-mail]

To contact the editor responsible for this story: Tara Patel at [e-mail]
.

[waldron] 03/3/2011 13:28

GDF Suez Wants More Spot Pricing in Gas Supply Contracts
By Tara Patel - Mar 3, 2011 1:58 PM GMT+0100 Tweet inShare.0More
Business ExchangeBuzz up!DiggPrint Email .GDF Suez (GSZ) SA, owner of Europe's biggest natural gas network, is seeking to modify long-term supply contracts to integrate more spot-market pricing.

The utility wants the agreements "more in line" with the spot market, Vice-Chairman Jean-Francois Cirelli said today at presentations of full-year results in Paris. "It's the major challenge for this year."

These changes would come on top of those obtained last year that integrated a spot price component in long-term contracts with GDF Suez's biggest suppliers of about 10 percent, he said. Cirelli called for a "revision in the structure" of the deals and for "more than 10 percent" linked to the spot market.

GDF Suez, the former natural gas monopoly in France, has been under pressure from the government and consumer groups to lower prices so they better reflect a spot market that's awash with supply. The utility's supply comes from long-term contracts for the fuel that are more expensive, in part because of the development in recent years of unconventional gas in the U.S.

"We are using the flexibility of our contracts to a maximum," Cirelli said at a press conference today. The price gap between long-term agreements and spot market prices resulted in losses for 2011 of 500 million euros, he said.

"This unfavorable situation isn't over," Cirelli said. "We have a new round of negotiations with our suppliers, all of them can be revised over the next 12 to 18 months."

Unfavorable Difference
About 100 terawatt hours of natural gas are "exposed" to an unfavorable price difference between spot and long-term contract prices compared with 80 terawatt hours last year, he said. This "spread" or difference in price is currently in the range of 6 or 7 euros, he said.

The utility's biggest suppliers are Norway, Russia, Algeria and the Netherlands, from which it gets about 59 percent of long-term contract supplies, according to figures published today.

GDF Suez has calculated that French regulated household rates for natural gas should rise by about 5 percent April 1 to take into account supply cost fluctuations, Cirelli said.

GDF Suez increased prices for households heated by natural gas by an average of 9.7 percent from last April 1 and 4.7 percent from July 1. The utility said today it didn't lose money on supplying the French market last year, a situation that occurred regularly in past years because state-set prices didn't cover costs.

To contact the reporters on this story: Tara Patel in Paris at

To contact the editor responsible for this story: Will Kennedy at [e-mail]

[waldron] 03/3/2011 11:38

Si les objectifs 2011 sont jugés un peu faibles par Aurel BGC, le broker qualifie en revanche aujourd'hui l'objectif 2013 d' "ambitieux". Le broker a réitéré jeudi sa recommandation "Acheter " et son objectif de cours de 33 euros sur GDF Suez.

[waldron] 03/3/2011 08:33

source: wsj


By GERALDINE AMIEL
PARIS-GDF Suez SA on Thursday raised its earnings forecast for 2011, following the merger of most of its international operations with International Power PLC, as it reported net profit in 2010 rose 3% due to higher sales and gas tariffs in France.

The French power operator said its 2010 net profit increased to €4.6 billion ($6.38 billion) from €4.48 billion a year earlier. Revenue rose 5.7% to €84.5 billion, compared with €79.9 billion.

In 2011, GDF Suez now expects its earnings before interest, taxes, depreciation and amortization, or Ebitda, to be between €17 billion and €17.5 billion, while it initially expected it to grow 15% from 2009. Ebitda for 2010 grew 7.7% to €15.1 billion, from €14.01 billion in 2009

This takes into account the performance from U.K.-based International Power, GDF Suez's Chairman and Chief Executive Gerard Mestrallet said during a conference call.

The group also said it expects equal or superior net earnings per share and dividend this year and in the medium term.

"GDF Suez achieved solid results in 2010 and outperformed all its targets, in spite of the impact of decorrelation of oil and gas prices in the Global Gas and [liquefied natural gas] business line," Mr. Mestrallet said in a statement.

In early February, GDF Suez finalized the combination of its international operations outside Europe and some assets in the U.K. and Turkey with International Power, creating the world's largest private power-generation group, with over 66,000 megawatts of gross capacity in operation and committed projects expected to deliver 22,000 megawatts of gross capacity by 2013.

The group plans to invest around €11 billion per year over the medium term, Mr. Mestrallet said during the call. Some of the investments will take place in France, notably as the group seeks to increase its production capacities by 500 megawatts through bids for hydropower plants, he also said.

France's regulated gas tariffs are expected to increase 5% by April 1, energy minister Eric Besson said Tuesday. The French energy-regulation commission, or CRE, which sets country's regulated gas and electricity tariffs, explained last week that the recent increases in energy prices were likely to weigh on GDF Suez's supply costs.

GDF Suez said it will launch a new efficiency drive, aiming for €900 million in 2011 in cost savings and efficiency gains. In 2010, the group's initial efficiency plan saved €1.5 billion.

Although GDF Suez didn't say anything about its potential plan to sell a stake in its gas transmission unit GRTgaz, Mr. Mestrallet said that the group plans to divest around €10 billion in assets between 2011 and 2013.

The group's storage unit, Storengy, acquired five underground facilities in Germany and a 19.7% stake in an ExxonMobil Gasspeicher Deutschland GmbH facility for an undisclosed amount.

GDF Suez owns and operates seven nuclear reactors in Belgium and has requested a license to fund, build and operate a third-generation medium-power reactor known as ATMEA, jointly developed by French state-controlled nuclear engineering firm Areva SA and Japan's Mitsubishi Heavy Industries Ltd.

GDF Suez shares have climbed nearly 20% in the past six months, boosted by increases in French regulated gas tariffs that take into account higher oil prices and gas-transportation costs

[waldron] 03/3/2011 07:16

GDF Suez FY10 Profit Up - Quick Facts 3/3/2011 1:33 AM ET TOP MARKET NEWSSenate Passes Bill To Avoid Government Shutdown
Stocks Eke Out Gains Even Amid Hints Of Inflation - U.S. Commentary
Steve Jobs Unveils Apple's IPad 2 - Update
Stocks Still On The Fence After Fed's Beige Book - U.S. Commentary
Fed Says U.S. Economy Continued To Expand But Hints At Inflation (RTTNews) - GDF Suez SA (GDFZY.PK: News ,GDSZF.PK: News ) Thursday reported higher profit for the fiscal year 2010 and said all business lines contributed to the Group's profitability in 2010.

Net income - group share rose to EUR 4.62 billion from EUR 4.48 billion year ago.

Revenues also increased to EUR 84.48 billion from EUR 79.91 billion prior year.

GDF Suez stated that the solid results support a further increase in the dividend to EUR 1.50 per share over 2009 and the dividend to be submitted for shareholder approval at the Shareholders' General Meeting on May 2, 2011.

Gérard Mestrallet, Chairman and Chief Executive Officer, commented, "GDF SUEZ achieved solid results in 2010, and outperformed all its targets, in spite of the impact of de-correlation of oil and gas prices in the Global Gas and LNG business line. On top of its key positions in domestic markets, GDF SUEZ significantly accelerated its international growth."

Looking ahead, the company anticipates EBITDA between EUR 17 billion and 17.5 billion in 2011, and above EUR 20 billion in 2013 and EUR 10 billion portfolio optimization in the 2011-2013 period.

Click here to receive FREE breaking news email alerts for GDF Suez SA and others in your portfolio

by RTT Staff Writer

For comments and feedback: contact [e-mail]

[waldron] 28/2/2011 16:31

EARNINGS PREVIEW: GDF Suez 2010 Net Revenue Seen +4.6%

Published February 28, 2011
| Dow Jones Newswires
Print Email Share Comments (0) Text Size GDF Suez SA (GSZ.FR): 2010 Earnings Due: Mar. 3 before market open FactSet Survey of 23 Analysts Average Net Profit: EUR4.48B (EUR4.48B in 2009) Average Revenue: EUR83.56B, up 4.6% (EUR79.90B in 2009) Average Ebitda: EUR15.02B, up 7.2% (EUR14.01B in 2009)

Note: Investors expect company to upgrade 2011 guidance, notably for Ebitda, after merger of part of international operations with U.K.-based International Power (IPR.LN) while eagerly awaiting medium-term objectives, in particular for generation activities. Enhanced cost-reduction program would boost stock, while market will also focus on outlook for natural gas prices, with potential detail on contract renegotiations.

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[waldron] 28/2/2011 12:33

EARNINGS PREVIEW: GDF Suez 2010 Net Revenue Seen +4.6%
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Gdf Suez (EU:GSZ)
Intraday Stock Chart
Today : Monday 28 February 2011
GDF Suez SA (GSZ.FR): 2010 Earnings
Due: Mar. 3 before market open
FactSet Survey of 23 Analysts
Average Net Profit: EUR4.48B (EUR4.48B in 2009)
Average Revenue: EUR83.56B, up 4.6% (EUR79.90B in 2009)
Average Ebitda: EUR15.02B, up 7.2% (EUR14.01B in 2009)

Note: Investors expect company to upgrade 2011 guidance, notably for Ebitda, after merger of part of international operations with U.K.-based International Power (IPR.LN) while eagerly awaiting medium-term objectives, in particular for generation activities. Enhanced cost-reduction program would boost stock, while market will also focus on outlook for natural gas prices, with potential detail on contract renegotiations.

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[grupo guitarlumber] 24/2/2011 20:17

PARIS (Dow Jones)-- French power group GDF Suez (GSZ.FR) Thursday said a Franco-Chilean group has been created to develop cooperation between the two countries on renewable and unconventional energies, which will be co-chaired by GDF Suez's Chairman and Chief Executive Gerard Mestrallet and the president of Chile's Quinenco SA (QUINENCO.SN) Guillermo Luksic.

MAIN FACTS:

- The creation of the new bi-national energy group has been sponsored at a high level by the Ministers in charge of energy in Chile and France, Laurence Golborne and Eric Besson.

- Increasing co-operation between Chile and France on renewable and unconventional energy resources was one of the priorities in the joint declaration by the President of the French Republic, Nicolas Sarkozy, and the President of the Republic of Chile, Sebastian Pinera, on the occasion of the latter's official visit to France on October 20, 2010. Following the declaration, the Presidents of France and Chile agreed to form a group of representatives of major companies working in this strategic sector for both countries.

- The principal objectives of the group shall be:

- to contribute to the public debate in France and Chile, in particularly on energy mix, and to promote a policy of sustainable and efficient energy;

- to promote the development of renewable energy sources, particularly biomass, wind power, ocean wave energy and water, the potential of which is still under-exploited in both countries;

- to jointly consider the development of a global CO2 market;

- to identify possibilities of reciprocal investment in the energy sector as well as those related sectors such as associated services;

- to boost energy exchange and cooperation activities;

- to study opportunities for exchange of technology, training, research, public awareness and project evaluation for large hydroelectric and nuclear power projects;

- to enhance long-term human capabilities and competitiveness (research and development) in both countries.

GDF Suez through its subsidiary International Power operates in Chile through E-Cl, the largest electricity producer in Chile's northern network, representing around 50% of the market. The Group has a 63% stake in the LNG receiving and regasification terminal GNL Mejillones, and at the end of 2009 completed the construction of Monte Redondo, a 48 MW wind farm which is part of the country's central grid.

Currently under construction are the thermoelectric plants CTA and CTH in Mejillones (150 MW each) and the hydroelectric plant Laja I (34 MW)

- By Paris Bureau, Dow Jones Newswires; [phone]; [e-mail]

[grupo guitarlumber] 24/2/2011 11:08

French Regulator: Recent Energy Prices To Hit GDF Suez Costs
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Gdf Suez (EU:GSZ)
Intraday Stock Chart
Today : Thursday 24 February 2011
The French energy regulation commission, or CRE, Thursday said that the recent increase in energy prices, such as gas and oil products, are likely to weigh on French natural gas distributor GDF Suez's (GSZ.FR) supply costs.

In a short statement, the CRE, which sets the regulated gas and electricity tariffs in France, also noted that its method to set gas tariffs are based on GDF Suez's supply costs.

The statement came as French daily Le Figaro reported Tuesday that gas tariffs are to increase by between 4.8% to 5.2% on April 1, to take into account higher supply costs, following the recent surge in oil prices.

French energy minister Eric Besson declined to confirm that a decision to increase tariffs had been made by the government.

- By Geraldine Amiel, Dow Jones Newswires; [phone]; [e-mail]

[grupo guitarlumber] 23/2/2011 11:01

GDF Suez: Nomura confirme son optimisme.

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Imprimer..Sociétés :GDF SUEZGDF SUEZINTERNATIONAL POWERRubriques :RecommandationsBourseÉpargne et placements.Cours associés
Symbole Cours Variation
GSZ.NX 27,75 +0,90

IPRF.EX 3,8335 +0,5335


Suivre ces actions
{"s" : "GSZ.NX,IPRF.EX","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Le mercredi 23 février 2011, à 10h 34
(CercleFinance.com) - Nomura revient sur le dossier GDF Suez (GSZ.NX - actualité) avant que le groupe énergétique ne publie, le 3 mars prochain, ses résultats 2010. Ces comptes ne devraient pas réserver de mauvaise surprise, et ceux de 2011 profiteront notamment de l'intégration d'International Power (IPRF.EX - actualité) . Le conseil d'achat est maintenu sur cette valeur, alors que le bureau d'études est à la vente sur le secteur. L'objectif de cours sur GDF Suez est confirmé à 34 euros, soit environ 18% de potentiel de hausse.

[ariane] 05/2/2011 08:29

Partager
Imprimer..Sociétés :GDF SUEZGDF SUEZRubriques :Bourse.Cours associés
Symbole Cours Variation
GSZ.NX 27,75 +0,90

GSZ.PA 29,03 -0,04


Suivre ces actions
{"s" : "GSZ.NX,GSZ.PA","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Le vendredi 4 février 2011, à 18h 11
Sur les 5 derniers jours, le titre a peu évolué, gagnant 2.4%. Depuis le début de l'année, il est en baisse de 12.09%.

Du point de vue de l'analyse technique : le RSI est supérieur à sa zone de neutralité des 50. Le MACD est supérieur à sa ligne de signal et positif. La configuration est haussière à court terme. Enfin, le titre est supérieur à sa moyenne mobile 50 jours.
A noter que les volumes sont en baisse depuis quelques jours.

Graphiquement : les niveaux de résistances se situent sur : 28.3 puis 29. Tandis que les prochains supports sont sur : 26 puis 25.5.

Notre préférence : Le titre GDF Suez (GSZ.NX - actualité) (GSZ) est haussier tant que 25.5 est support.

Le point d'invalidation de notre scénario est situé sur : 25.5.
Cours de référence : 26.6

[ariane] 04/2/2011 16:54

GDF Suez Probe Over Electrabel Contracts Dropped by EU
By Aoife White - Feb 4, 2011 2:59 PM GMT+0100
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Business ExchangeBuzz up!DiggPrint Email .European Union antitrust regulators ended a probe of GDF Suez SA's Electrabel SA unit over long-term electricity supply contracts in Belgium citing a lack of evidence.

The European Commission "decided to close the antitrust proceedings" started on July 18, 2007, against Electrabel, it said in a statement on its website today. "The information gathered shows that it is not necessary to pursue this particular investigation," said Amelia Torres, a spokeswoman for the European Commission in an e-mail.

The European Commission started probing Electrabel and Electricite de France SA, the largest power producers in Belgium and France, in 2007 over allegations they used supply contracts with industrial consumers to shut out competitors.

EDF settled its dispute with the European Commission last year by modifying the supply contracts to allow customers to buy some power from rivals.

Electrabel noted the EU's decision to shut the investigation "with satisfaction," said Sarah De Bruyn, a Brussels-based spokeswoman for Electrabel, in an e-mail

Electrabel faces a separate antitrust probe over anti- competitive behavior in retail energy markets, the EU said in July. It is also under investigation over a deal with the Belgian government to keep the nation's nuclear power plants open longer, regulators said.

To contact the reporter on this story: Aoife White in Brussels at [e-mail]

To contact the editor responsible for this story: Anthony Aarons at [e-mail].
.

[ariane] 31/1/2011 19:39

GDF Suez: Subsidiary Storengy Buys 19.7% Stake In Gas Storage Co
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Gdf Suez (EU:GSZ)
Intraday Stock Chart
Today : Monday 31 January 2011
French energy giant GDF Suez SA (GSZ.FR) Monday said its subsidiary Storengy has reinforced its natural gas storage capacities by buying five underground facilities in Germany and a 19.7% stake in ExxonMobil (XOM)affiliate ExxonMobil Gasspeicher Deutschland GmbH for an undisclosed amount.

MAIN FACTS:

- The five facilities were bought from BEB Speicher GmbH, an affiliate of BEB Erdgas und Erdöl GmbH, which is a joint venture between Shell (RDSB.LN) and ExxonMobil.

- With this new acquisition GDF Suez is now among the top four leaders in the German storage market with a 10% market share, the company said. Following this transaction, GDF SUEZ has through Storengy a total storage capacity of 12.5 billion cu.m in Europe.



- By Paris Bureau, Dow Jones Newswires; [phone]; [e-mail]

[waldron] 26/1/2011 19:12

GDF Suez, International Power: Combination Closing Expected Feb 3
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Gdf Suez (EU:GSZ)
Intraday Stock Chart
Today : Wednesday 26 January 2011
French energy giant GDF Suez SA (GSZ.FR) and U.K.-based International Power PLC (IPR.LN) Wednesday said the European Commission cleared their proposed tie-up, paving the way to the closing of the combination.

MAIN FACTS:

- Closing of the combination remains conditional upon, amongst other things, admission to listing on the Official List of the UKLA and to trading on the London Stock Exchange's main market for listed securities of the new International Power ordinary shares to be issued to subsidiaries of GDF Suez and the re-admission of the Existing Ordinary Shares, the companies said in a statement.

- Admission is expected to occur at 8 a.m. on 3 February 2011 with Closing occurring shortly thereafter on the same day.



- By Paris Bureau, Dow Jones Newswires; [phone]; [e-mail]

[waldron] 26/1/2011 17:21

EU 'to clear French takeover of British energy giant'
(AFP) – 8 hours ago

BRUSSELS - The European Commission will clear the takeover of Britain's International Power by French energy giant GDF Suez on Wednesday, creating the world's second largest electricity producer, a source close to the matter told AFP.

GDF will give up a 33 percent stake that International Power owns in a power plant in Belgium in order to lift the objections of Belgian and European regulators, the source said.

The new plant, under construction in the northern region of Flanders, risked coming under the control of Electrabel, a GDF-owned Belgian utility company.

Belgium's anti-trust regulators had expressed concern in December that the GDF-International Power deal would reinforce Electrabel's dominant position in the country's energy market.

The green light from Europe's competition watchdog will be conditional on the sale of the stake in the power plant, the source said.

The deal has already been approved by US, Canadian, Australian, Brazilian and Turkish authorities.

The operation will lead to the creation of the world's second biggest electricity producer after another French utility company, EDF.

GDF and International Power announced last August that the French company would pay 92 pence per share to International Power stakeholders for a total price of £1.4 billion.

The French giant was formed in 2008 by the fusion of public enterprise Gaz de France and Suez, a private Franco-Belgian company. It specialises in processing liquefied natural gas and energy production.

International Power runs 45 power plants worldwide.

[grupo guitarlumber] 24/1/2011 19:51

Source: the connexion

600 wind turbines for NW coastline
January 24, 2011
OFFSHORE wind farms with 600 turbines are to be built on five sites between Saint-Nazaire and Dieppe/Le Tréport in a €10 billion project to be announced by President Sarkozy.

The 3,000MW total capacity of the new project is the equivalent of two nuclear power stations.

France has set itself the goal of producing 23 per cent of its power needs from renewable resources by 2020, with 6,000MW from wind power. The new offshore wind farms should start generating power in 2015.

Ecology minister Nathalie Kosciusko-Morizet's department has welcomed the news, saying it has given new life to environmental projects. She had won an internal cabinet battle with industry minister Eric Besson, who had wanted the project scaled back to 2,000MW.

Now companies are being asked to tender for the giant contract, with the average cost of each installation being €3.5m per megawatt, twice the cost of land-based wind turbines.

GDF Suez subsidiary Compagnie du Vent already has plans in place for 141 5MW turbines 14km off the coast at Le Tréport; that would be enough to meet the electricity needs of 990,000 people

[waldron] 16/1/2011 14:30

GDF Suez : le RSI est supérieur à sa zone de neutralité.

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Imprimer..Sociétés :GDF SUEZGDF SUEZRubriques :Bourse.Cours associés
Symbole Cours Variation
GSZ.NX 28,42 +0,28

GSZ.PA 28,42 +0,28


{"s" : "GSZ.NX,GSZ.PA","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Le vendredi 14 janvier 2011, à 18h 44
Sur les 5 derniers jours, le titre a peu évolué, gagnant 2.4%. Depuis le début de l'année, il est en baisse de 12.09%.

Du point de vue de l'analyse technique : le RSI est supérieur à sa zone de neutralité des 50. Le MACD est supérieur à sa ligne de signal et positif. La configuration est haussière à court terme. Enfin, le titre est supérieur à sa moyenne mobile 50 jours.
A noter que les volumes sont en baisse depuis quelques jours.

Graphiquement : les niveaux de résistances se situent sur : 28.3 puis 29. Tandis que les prochains supports sont sur : 26 puis 25.5.

Notre préférence : Le titre GDF Suez (GSZ.NX - actualité) (GSZ) est haussier tant que 25.5 est support.

Le point d'invalidation de notre scénario est situé sur : 25.5.
Cours de référence : 26.6.

[grupo guitarlumber] 01/1/2011 11:56

GDF Suez Is Said to Study IPO for Oil, Gas Production Unit to Reduce Debt
By Nicholas Comfort, Brett Foley and Tara Patel - Dec 31, 2010 3:37 PM GMT+0100
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Business ExchangeBuzz up!DiggPrint Email . The former French gas monopoly led by Gerard Mestrallet plans to sell between 4 billion euros ($5.3 billion) and 5 billion euros of assets over two years following this year's deal to take control of International Power Plc. Photographer: Fabrice Dimier/Bloomberg
GDF Suez SA, operator of Europe's largest natural-gas network, is studying a plan to sell shares or a minority stake in its oil and gas production business, according to three people with knowledge of the matter.

GDF Suez may soon hire an investment bank to manage an initial public offering or help find a buyer for the stake, said one of the people, who declined to be identified because the plans are private. The shares may be sold in London or Paris, one of the people said.

Armelle Dillar, a spokeswoman for Paris-based GDF Suez, declined to comment.

The former French gas monopoly led by Gerard Mestrallet plans to sell between 4 billion euros ($5.3 billion) and 5 billion euros of assets over two years following this year's deal to take control of International Power Plc. The combination will create the world's second-biggest power producer and follows the 2008 merger between Gaz de France SA and Suez SA.

GDF Suez fell 39 cents to close at 26.85 euros in Paris trading. The shares have dropped 11 percent this year, giving the utility a market capitalization of about 60 billion euros.

GDF Suez has said it is seeking to raise crude oil and gas reserves to 1.5 billion barrels of oil equivalent, mainly through external growth. The stake sale could be a way to raise cash to reduce debt and for investment in exploration and production projects, one of the people said.

GDF Suez is operator of the North Sea Gjoea field, estimated to hold 82 million barrels of oil and condensate and 40 billion cubic meters of gas. GDF holds a 30 percent stake, Statoil ASA 20 percent, Petoro AS 30 percent, Royal Dutch Shell Plc 12 percent and RWE AG 8 percent.

Greenland Exploration

The French utility is in a consortium with Shell and Statoil for gas and oil exploration licenses in Greenland waters as well as having projects in Australia, Algeria, the Caspian Sea, Egypt, Qatar and a shale gas exploration permit in southern France. GDF Suez wants to develop technical expertise in so- called unconventional and tight gas in Europe, including Germany and eastern Europe, vice-chairman Jean-Francois Cirelli said in May.

GDF Suez paid $200 million for a 60 percent stake in three offshore Australian gas fields as part of the Bonaparte LNG project with Santos Ltd.

Production Drop

The French utility said in November exploration and production sales were "practically stable" with a drop in total hydrocarbon production to 24.6 million barrels of oil equivalent at the end of September compared with 26.1 million barrels of oil equivalent the previous year.

Mestrallet earlier this year cut his forecast for 2011 earnings growth because demand for natural gas may not recover as quickly as expected following the economic slump and a "historic" drop in demand.

In August, GDF Suez agreed to join its units outside Europe and assets in the U.K. and Turkey with those of U.K.-based International Power, creating a London-listed electricity producer that's majority owned by GDF Suez.

GDF Suez's net debt was 31.8 billion euros at the end of September, down by 1.7 billion euros from three months earlier, the company said last month.

To contact the reporters on this story: Nicholas Comfort in Frankfurt at [e-mail]; Brett Foley in London at [e-mail]; Tara Patel in Paris at [e-mail].

To contact the editors responsible for this story: Jeff St.Onge at [e-mail]; Will Kennedy at [e-mail]
.

[grupo guitarlumber] 01/1/2011 11:38

GDF Suez : le RSI est supérieur à sa zone de neutralité.

Partager
Imprimer..Sociétés :GDF SUEZGDF SUEZRubriques :Bourse.Cours associés
Symbole Cours Variation
GSZ.NX 27,75 +0,90

GSZ.PA 26,85 -0,39


{"s" : "GSZ.NX,GSZ.PA","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Le vendredi 31 décembre 2010, à 18h 25
Sur les 5 derniers jours, le titre a peu évolué, gagnant 2.4%. Depuis le début de l'année, il est en baisse de 12.09%.

Du point de vue de l'analyse technique : le RSI est supérieur à sa zone de neutralité des 50. Le MACD est supérieur à sa ligne de signal et positif. La configuration est haussière à court terme. Enfin, le titre est supérieur à sa moyenne mobile 50 jours.
A noter que les volumes sont en baisse depuis quelques jours.

Graphiquement : les niveaux de résistances se situent sur : 28.3 puis 29. Tandis que les prochains supports sont sur : 26 puis 25.5.

Notre préférence : Le titre GDF Suez (GSZ.NX - actualité) (GSZ) est haussier tant que 25.5 est support.

Le point d'invalidation de notre scénario est situé sur : 25.5.
Cours de référence : 26.6.

[grupo guitarlumber] 16/12/2010 15:56

International Power Shareholders OK Combination With GDF SUEZ EI
Intl Power (LSE:IPR)
Intraday Stock Chart
Today : Thursday 16 December 2010
International Power PLC (IPR.LN), an independent electricity generating company said Thursday that both resolutions put to shareholders at the general meeting held were duly passed, and that the results of the voting have been confirmed by the registrars.

-Shares at 1445 GMT down 0.20 pence, or 0.05%, at 423.30 pence, valuing the company at GBP6.46 billion.

-By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; [e-mail]

[waldron] 13/12/2010 20:30

French Companies Pick 30 Sites to Vie for Offshore Wind Farms
By Tara Patel - Dec 13, 2010 5:08 PM GMT+0100
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Business ExchangeBuzz up!DiggPrint Email .French companies have identified about 30 sites for development of offshore wind farms as the government prepares tenders for 3,000 megawatts of projects, according to a new study.

Most of the sites are located in the English Channel, where two farms are already being planned, according to a report by PricewaterhouseCoopers LLP published today. France doesn't currently have any offshore wind capacity.

"It's urgent that the tenders be launched so that French industry can develop," Philippe Degonzague, a partner at the consultancy, told reporters in Paris today.

France will seek bids for 3,000 megawatts of offshore wind farms that could cost about 10 billion euros ($13.3 billion) to develop, an official at the environment and energy ministry, who declined to be named in line with government policy, said in August. French Industry Minister Eric Besson said this month details of the projects will be published by the end of the year. France has a target to install 6,000 megawatts of offshore turbines by 2020.

Offshore wind projects are based on cost estimates of 3.5 million euros a megawatt compared with less than half that for turbines erected on land, according to Alexis Chauffert-Yvart, author of the PricewaterhouseCoopers study. European offshore wind capacity will surpass land turbines after 2026, the study indicates.

Less Visible

GDF Suez SA, owner of the French natural-gas network, is planning a 1.8 billion-euro wind park off northern France, which was assessed for its environmental impact. During the hearings, the utility offered to move turbines so they are less visible from land and more "compatible" with fishing in the area. GDF Suez has to say in January whether it will go ahead with the project, according to documents on the website for the project's public inquiry.

Compagnie du Vent, GDF Suez's wind unit, selected a site about 14 kilometers (9 miles) off Le Treport in northern France, as it plans the 705-megawatt wind-farm project known as the Deux Cotes, the documents indicate.

Other French sites also considered favorable are further west including one near Utah beach in Normandy, where allied troops invaded occupied France during World War II, according to the documents.

To contact the reporter on this story: Tara Patel in Paris at [e-mail]

To contact the editor responsible for this story: Will Kennedy at [e-mail]
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