Austrian energy utility Verbund has reaffirmed its interest in purchasing a 24.9% stake in Styrian energy supplier Energie Steiermark Holding (Estag) following a management overhaul last week at...

UK nuclear generator British Energy is reportedly reconsidering its plan to relocate from its corporate headquarters at Peel Park, East Kilbride in Scotland. The company announced its planned sale of...

Centrica’s Rough storage facility, which comprises 85% of the UK’s gas storage capacity, returned to service on Monday following its breakdown late on Thursday afternoon. The company announced later...

A spokesman for EDF “rejected and refuted absolutely” allegations made by a British newspaper on Monday that EDF Energy Networks engineers were lacking in experience. According to an article in The...

French industry minister Nicole Fontaine will on Monday unveil a bill intended to outline France’s energy policy for the next thirty years, she confirmed at a press conference on Thursday. The draft...

Gazprom plans to commission the Torzhok, Krupskaya and Slonimskaya compressors this year on the Yamal-Europe pipeline. This will bring the volume of transit gas going through the line up to 23 Gm3....

Russian Gazprom has still not signed a supply agreement for 2004 with Belarus due to disagreement over the price. Sources in Russia tell The Heren Report that Gazprom is asking around $50/th cu me...

Russian investment bank Alfa Bank has published its strategic outlook on Russian electricity reform in the year ahead. The report summarises the main changes to the sector over the past year and...

Swedish generator Sydkraft Energy gave notice on Friday that unit 3 of its 1150 MW nuclear plant, Oskarshamn, would stop production for six hours between 09:00 and 15: 00 on 24 January. Capacity will...

Oil consultancy company Wood Mackenzie has proposed that oil and gas exploration companies will have to face the decision whether or not to withdraw from their activities on the UK Continental Shelf...

State-owned Electricidade de Portugal may build a 1,200 MW CCGT plant to supply the single Iberian market after 2006, a spokeswoman said on Monday. “We may build a plant in Spain or Portugal to...

Irish semi state-owned electricity generator ESB says it is allowed charge up to 30.3% more for the electricity it generates. It is expected that the Irish regulatory body, CER, will grant the...

Following the start of the sale process for the company last year, Danish energy company DONG, whose activities include oil and gas production, have appointed British investment bank Rothschild &...

The American banker who advised BP on its $6.3 billion Russian oil investment last year said in an interview with FTfm, the weekly section on fund management in the Financial Times on Sunday, that...

US law firm Milberg Weiss Bershad Hynes & Lerach has filed a class action suit against Shell and its directors following the company’s downward revision of its proven reserves estimate by 20% earlier...

Russia’s national power utility UES said on Friday its 2003 electricity output rose 3% on 2002 levels to 635.8 terawatt hours (TWh), while total Russian electricity consumption was 1.4% than expected...

Retail energy price rises in the UK over the past year amounted to over £450 million for household customers, according to a report by independent price comparison service, The Energy Shop. According...

Retail energy price rises in the UK over the past year amounted to over £450 million for household customers, according to a report by independent price comparison service, The Energy Shop. According...

Centrica’s Rough storage facility, which comprises 85% of the UK’s gas storage capacity, returned to service on Monday following its breakdown late on Thursday afternoon. Centrica Storage Limited...

Austrian energy utility Verbund has reaffirmed its interest in purchasing a 24.9% stake in Styrian energy supplier Energie Steiermark Holding (Estag) following a management overhaul last week at...