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News Archive

Power

Areva’s costs could still rise over Finnish EPR

A source at French nuclear giant Areva told ICIS Heren that costs may continue to increase at its European Pressurised Reactor (EPR) project in Finland,...

28 Jan 2011 19:03 | EDEM

Gas

Belgium: Zeebrugge Day-ahead basis continues to widen on spot

The Zeebrugge Day-ahead basis continued to widen on Friday, in line with its behaviour throughout the week. It closed at a -1.40p/th differential...

28 Jan 2011 19:22 | ESGM

Gas

Britain:Market tumbles as warmer weather expected

All contracts lost value on Friday as forecasts predicted an end to the cold weather.Day-ahead closed in a 55.75p/th choice market, brought down two...

28 Jan 2011 18:59 | ESGM

Emissions

Carbon market snapshot

EUA contracts held their ground on Friday, closing flat day on day. After the flurry of excitement on Thursday when the front year rose to a seven-week high,...

28 Jan 2011 18:36 | EDCM

Power

CEE/SEE: Prices look beyond Germany for direction

Curve values across the region were subdued on Friday, but most traders described the bearish sentiment as "the usual quiet before the storm".With...

28 Jan 2011 19:52 | EDEM

LNG

Comment: Mitsubishi’s role in the Donggi-Senoro project underlines the evolution of Japan’s trading houses in the LNG industry

Mitsubishi's role in sanctioning the Donggi-Senoro project underlines the evolution of Japan's trading houses in the LNG industry

28 Jan 2011 19:59 | GLM

Gas

Daily oil summary

Crude prices gained ground steadily through the early part of Friday, buoyed by firm stock markets and the weak dollar, although Brent remained firmer than...

28 Jan 2011 20:49 | EDEM ESGM

Power

Eesti Energia benefits from 2010 market opening

Estonian power incumbent Eesti Energia saw its electricity sales rise by 12.3% year on year to 10.7TWh in 2010, the company said on Friday. Of this total,...

28 Jan 2011 18:34 | ESGM

Power

EU closes probe against Malta plant upgrade

The European Commission has closed an investigation into Malta's plans to upgrade its 304MW oil-fired Delimara power plant, it said on Friday. The...

28 Jan 2011 18:48 | EDEM

Gas

France: Day-ahead moves up despite morning sell off

PEG Nord Day-ahead was sold off during the day on Friday, but corrected in the afternoon to close at a premium to its closing price on Thursday, at €22.50/MWh.The...

28 Jan 2011 18:47 | ESGM

Gas

Germany/Austria/Italy/Czech Republic: German prices head south; Austrian trading is thin

Friday brought lower prices at both the NCG and GASPOOL, as price developments at these hubs mirrored developments at a bearish TTF - with the exception...

28 Jan 2011 19:27 | ESGM

Power

Germany/France: Volatile Cal’12 looks towards FX for direction

Warmer temperatures and an increase in German wind power generation levels forecast for the coming week suppressed the French and German prompt levels on...

28 Jan 2011 19:45 | EDEM

Power

Italy: Prices range-bound amid lower liquidity

Long-term contracts were rangebound on Friday, despite bullish fundamentals, as the hefty activity of the past days eased off, while the prompt posted small...

28 Jan 2011 19:08 | EDEM

Market comment: Paper coal bullish on continued Australian concerns

Coal prices were bullish on Friday for the third session running, as intra-day exchange rate fluctuations directed some European contacts. Renewed concerns...

28 Jan 2011 18:44 | CSD

LNG

Market report: East Asia keeps market buoyant

A recent fall in the NBP, as a result of milder temperatures, was cancelled out by increases in Asia. Indonesia's Pertamina detailed plans to supply another 24 cargoes in summer

28 Jan 2011 21:09 | GLM

Power

Netherlands: Subdued spot triggers front-month losses

February contracts drifted lower in their last full week before delivery. The decline was driven by increasingly bearish prompt sentiment as cold weather...

28 Jan 2011 19:15 | EDEM

Gas

Netherlands: TTF prices soften further amid a bearish sentiment

On Friday, the market closed the week on a bearish note - marking another step in the softening trend. The move was put down to sentiment, mainly, as prices...

28 Jan 2011 19:35 | ESGM

LNG

Pakistan to re-tender Mashal LNG project

Pakistan's Economic Coordination Committee (ECC) has directed the country's Ministry of Petroleum to reopen the bidding process to build and supply an integrated...

28 Jan 2011 19:20 | GLM

Gas

UK stocks drop again on price incentive

UK stocks resumed a strong withdrawal mode over the past week after a steadier period the week before. The move came as the NBP Day-ahead contract reasserted...

28 Jan 2011 19:10 | ESGM

Power

UK: Spread may point to Summer ‘11 downside

Seasonal contracts ticked lower on Friday, in line with the softening NBP, as comfortable power and gas systems ensured the bulls were nowhere to be seen....

28 Jan 2011 20:35 | EDEM

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