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News Archive

Gas

Algeria puts on brave face amid corruption probe

State-owned energy company Sonatrach's activities should not be affected by the corruption probe that emerged at the start of January, Algerian Minister...

29 Jan 2010 19:58 | EGM

Gas

CER receives support for gas market plan from industry

The Republic of Ireland's Commission for Energy Regulation (CER) said it has received "strong support" from the industry following a consultation on its...

29 Jan 2010 19:58 | EGM

Power

Continental: Temperature forecasts support French spot

French spot prices for Monday delivery closed on Friday significantly higher than on Thursday on the back of expected cold temperatures during week 5. However,...

29 Jan 2010 19:54 | EDEM

Gas

Daily oil summary

The oil markets finished the day down despite positive economic data from the US. Oil futures gained during the first part of the trading session as the...

29 Jan 2010 21:15 | ESGM

Gas

EGM: News in brief

BelgiumSupply - GDF SUEZ has denied media reports that its commitments to L-gas security of supply to Belgium could be undermined because of new transport...

29 Jan 2010 19:58 | EGM

Gas

EU calls for comments on E.ON's dominance; Eni to sell TAG?

The EU Commission has invited comments from third parties on E.ON's plans to decrease substantially its long-term capacity by 2015. It revealed details of...

29 Jan 2010 19:58 | EGM

Gas

Europe’s gas hubs look to Germany

In a year of major uncertainty, some of Europe's gas hubs have grown solidly, impelled by liberalisation and price arbitrage

29 Jan 2010 19:58 | EGM

Gas

EuRoPol GAZ heads suspended to solve supply deal deadlock

Poland and Russia have finally hammered out supply deal that will see contract gas flow from Russia to Poland until 2037. Volumes can also increase to a...

29 Jan 2010 19:58 | EGM

Gas

France: French spots retrace value back up

The French spots posted strong gains on Friday, retracing value lost in the last session. Both PEG Nord and PEG Sud finished the day up by more than €0.50.PEG...

29 Jan 2010 19:58 | ESGM

Gas

Gassco reports higher Norwegian deliveries in 2009

Norwegian pipeline operator Gassco transported 99.8 billion cubic metres (Gm³) of Norwegian gas to European terminals in 2009, it said on 18 January. Deliveries...

29 Jan 2010 19:58 | EGM

Gas

Gateway storage poised for 2014 start

Engineering work on Stag Energy's Gateway gas storage facility, in the East Irish Sea, has already started, with the project poised to start commercial operations...

29 Jan 2010 19:58 | EGM

Gas

Gazprom agrees penalty terms with E.ON, expects 15% export rise in 2010

Gazprom is expecting a 15% pick up in export volumes to what it terms "far abroad" in 2010. The forecast level is 161 billion cubic metres (Gm³), up from...

29 Jan 2010 20:03 | EGM

Gas

Germany: GASPOOL Day-ahead surges to premium over NCG and TTF

The NCG Day-ahead experienced strong gains in Germany, with the contract rising by almost €0.50 on Thursday's close. However, the real talking point was...

29 Jan 2010 20:05 | ESGM

Gas

LNG, shale gas pressure contract market - ERGEG official

New shale gas fields and LNG liquefaction plants are likely to keep Europe in a steady oversupply of gas over the next few years and turn importers towards...

29 Jan 2010 19:58 | EGM

Gas

Norwegian government awards 38 production licences

Norway has awarded 38 production licences to 42 companies in the Norwegian North Sea, the Norwegian Sea and the Barents Sea.The companies applied...

29 Jan 2010 19:58 | EGM

Gas

Russia to double Azerbaijani gas uptake in 2010

Russia's Gazprom is to take 1 billion cubic metres (Gm3) of Azerbaijani gas in 2010 - twice as much as originally planned - and increase the uptake to 2Gm3...

29 Jan 2010 19:58 | EGM

Gas

Spanish energy ministry gives Yela UGS link pipe green light

Spain's Directorate General for Energy Policy and Mining (DGPEM) has given the green light to a planned pipeline to be built by Spanish gas transmission...

29 Jan 2010 19:58 | EGM

Gas

The EU’s aim of increasing diversity of supply is a noble one, but it must be careful how its sells that ambition abroad

The EU Commission's aim of increasing diversity of supply makes sense commercially, but the political message is harder to swallow

29 Jan 2010 20:03 | EGM

Gas

UK review: Expected colder weather drives prompt and curve

Weather forecasts drove prompt and curve price sentiment on the NBP over the week.On Monday, Day-ahead finished 1.80p/th higher than the previous...

29 Jan 2010 20:07 | ESGM

Gas

Ukrainian presidential election heading to run-off

Official results of the Ukrainian presidential election held on 17 January put Viktor Yanukovich of the Party of the Regions at the head of the race with...

29 Jan 2010 19:58 | EGM

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