Austria’s incumbent oil and gas company, OMV, is studying the possibility of establishing Russia as its sixth core international exploration and production region. Announcing the official opening of...

The UK’s BG Group will ship its share of Egyptian LNG to the US for at least a year pending the completion of the import terminal it is building on the heel of Italy at Brindisi. Shipments could...

Despite raising plenty of issues, the evidence submitted so far in Britain’s Trade and Industry committee inquiry into last year’s energy price spikes saw the same broad camps of conflicting...

Nederlandse Aardolie Maatschappij (NAM), the Dutch gas and oil producer jointly owned by Shell and ExxonMobil, has been ordered by state arbitrators to pay about EUR 377 million to the Dutch state to...

The economics of Russia’s gas market are changing. If, as seems possible, Gazprom becomes an oil major, the industry may change beyond recognition Western disapproval of President Vladimir Putin...

With the EU’s Emissions Trading Scheme (EU-ETS) up and running, the European Commission has stressed that its environmental policies should not necessarily have any negative impact on the economic...

Traders are taking to their calculators after hub operator EuroHub disclosed volume and price indications for the forthcoming release of monthly Q2 ´05 and quarterly Q2 ´05 and Q3 ´05 capacity, which...

The proposed amendments for the second reading of the EU Gas Transmission Regulation have been approved by the European Parliament’s Industry, Research and Energy (IRE) committee. The proposal –...

The debate over Germany’s upstream position in relation to security of supply at the Handelsblatt- Tagung Energiewirtschaft (the most important industry meeting in Germany in January) emphasised the...

Gazexport affiliate ZMB Zarubezhgaz Management und Beteiligungsgesellschaft mbH has acquired 37.5% of the Czech company Gas-Invest a.s. Gas-Invest has been active on the Czech market since 1995 in...

From its preliminary results Gazprom expects to have made record earnings of $19.2 billion in 2004 from gas sales abroad. The company said that the market value of American Depositary Receipts on the...

Germany´s Federal Cartel Office is currently preparing proposals on how to solve ongoing disputes over the validity of exclusive long-term gas supply contracts, though a spokeswoman has dismissed...

The builder of the UK’s first LNG terminal at the Isle of Grain says delays and cost overruns have added £51 (EUR 73.9) million, or about 65%, to the cost of carrying out its £80 (EUR 115.9) million...

BelgiumSupply - Italian gas and oil producer Eni has signed a gas sales agreement with German/Russian joint venture Wingas, under which it will deliver 1.20 billion cubic metres (Gm³) per year at...

Philip Davies has been appointed a director of markets at British energy regulator Ofgem. Joining from the Civil Aviation Authority, Davies was formerly director of regulatory affairs at Enron, and...

The Polish State Oil and Gas Co and German VNG have agreed to form two joint companies for trading and transmission of gas, says POGC. The two companies will have equal shares in the joint ventures...

As the Polish Oil and Gas Company prepares its share issue prospectus for publication at the end of the first quarter of this year, the company chairman Marek Kossowski said “We want competition in...

“In recent days accounts have appeared in the mass media concerning a supposed review of plans announced in the recent past by Gazprom regarding the liberalization of trade in Gazprom shares”...

The Slovakian energy regulator has issued a final price decree detailing transport fees that will be charged by Slovtransgaz, the unbundled transport division of Slovakia’s state-controlled Slovensky...

Turkey’s state-owned gas company Botas has delayed the deadline for companies to submit tenders in its long-awaited gas release programme until 25th February. The tender process – which has been...