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Latest Suez Canal Stories

2011-08-03 01:39:00

PARIS, August 3, 2011 /PRNewswire/ -- 2011 Half-year Results: Results in line with 2011 targets: - Revenue: EUR7,376M, +11.8% and +11.3% at constant forex, increasing in the three divisions - EBITDA: EUR1,233M, +18.3% and +17.6% at constant forex - Current Operating Income (EBIT): EUR562M, +28.6% and +27.4% at constant forex - Net Result group share: EUR221M, i.e. EUR0.43 per share -...

2011-07-19 07:05:00

HOUSTON, July 19, 2011 /PRNewswire/ -- GDF SUEZ Energy Resources, one of the largest retail energy providers in the United States, today announced the completion of an energy efficiency and sustainability project at Lufkin Industries that will reduce the manufacturer's annual energy consumption by nearly 18 percent and decrease annual CO2 emissions by more than 16 million pounds. (Logo: http://photos.prnewswire.com/prnh/20100210/DA52541LOGO) The initiative underscores GDF SUEZ Energy...

2011-02-22 10:01:00

NEWARK, N.J., Feb. 22, 2011 /PRNewswire/ -- Political upheaval in the Middle East is shining a spotlight on the risks to international shipping at the relatively few but vital transportation channels serving global trade. Terrorism, piracy, natural disasters and social unrest pose an enormous threat in areas surrounding the Suez and Panama canals and the Hormuz and Malacca straits. This week, The Journal of Commerce examines the rapidly evolving strategies in risk management that aim to...

2011-02-09 11:13:00

WASHINGTON, Feb. 9, 2011 /PRNewswire-USNewswire/ -- The following is being released by Al Madar: Defense analysts agree that the Egyptian uprising against Hosni Mubarak does not yet threaten the Suez Canal, which remains essential to U.S. energy security. While Egypt is not among the region's oil producing nations, if the Mubarak regime is replaced by a strongly anti-American regime, access to the Suez Canal could hypothetically be restricted to tanker ships en route to energy markets in...

2011-02-09 00:35:00

PARIS, Feb. 9, 2011 /PRNewswire/ -- SHARP RISE IN REVENUE ACROSS ALL BUSINESSES IN 2010 Revenue EUR 13,869 million, +12.8% rise across all divisions EBITDA: EUR 2,339 million, + 13.6%, with EUR 120 million cost savings(COMPASS 2) Net Result group share: EUR 565 million, +40.1%, EUR 1.15 earnings per share. CONTINUATION OF THE GROWTH AND BUSINESS PERFORMANCE STRATEGY IN 2011-13 Annual activity growth greater than or equal to 5%(1), based on innovation and strengthened position...

2010-07-07 10:37:00

ABERDEEN, Scotland, July 7, 2010 /PRNewswire/ -- - New Licence Award for Participants GDF SUEZ E&P UK Ltd, operator of the Cygnus gas field, is pleased to announce a second successful appraisal well (44/12a-5) in the south western area of the gas field located in the UK southern North Sea. This success completes the full appraisal of the Cygnus field within its current boundary. Analysis of the results from the discovery well and six appraisal wells, together with 3-D...

2009-09-24 03:34:00

PARIS, September 24 /PRNewswire-FirstCall/ -- To support SUEZ ENVIRONNEMENT's strategy, its Chief Executive Officer, Jean-Louis Chaussade, announces a strengthened management team. "These appointments across our European and international activities as well as our central functions are representative of our Group's drive to achieve balanced growth and to work continuously for sustainable development and innovation," says Jean-Louis Chaussade. Bernard Guirkinger is appointed...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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