Both curve and prompt prices came off for a second consecutive day in the French power market, as excellent hydro levels ensured security of supply and left two large players long. With reservoirs...

Drax Group, the operator of the UK’s largest power station, said on Thursday that Unit 3 of the 4,000 MW North Yorkshire plant would remain offline until Christmas 2004. The 645 MW Drax unit was...

German energy major E.On signed an agreement with the Bulgarian government on Thursday enabling it to buy majority stakes in two regional utilities Gorna Oryahovitza and Varna. Under the terms of the...

Endex, the Dutch OTC electricity clearing service, said this week that it had been forced to postpone the launch of its futures exchange platform, scheduled for 29th October, by “a few weeks”. In a...

ENI, Italy’s dominant gas company, has finalised its offer of spare capacity through Switzerland to the Italian border. It is offering five lots of 10,000 cubic metres per hour from Wallbach on the...

Exxon Mobil has reaped net profits of $5.68 billion in the third quarter this year, up 55.6% from the same period in 2003. Without a special charge of $550 million for the Allapattah lawsuit, third...

The German association of Stadtwerke, VKU, has called for political fractions in the national lower house of Parliament (Bundestag) not to move away from the principal of a historically...

Only half of the gas offered for sale in the southwest of France by Total on Wednesday was sold, French regulator CRE confirmed on Thursday.The buyers were French power company EDF and Spanish...

Only half of the gas offered for sale in the southwest of France by Total on Wednesday was sold, French regulator CRE confirmed on Thursday. The buyers were French power company EDF and Spanish...

Spanish gas transport group Enagás reported an 8% rise in net profit to EUR 40 million in the third quarter in its results released on Thursday.Volumes transported during the first nine months...

The UK has announced its plans for an international energy strategy, with the issues of tackling climate change and obtaining secure and affordable energy supplies at its core. Speaking on the...

Norway’s Norsk Hydro and its partners in the North Sea’s Oseberg field will invest NOK 1.9 billion (EUR 233 million) to extend its life by five to ten years and raise recoverable reserves by 40...

RWE npower’s plans for a 2,000 MW CCGT on the site of its old oil-fired plant in Pembroke, Wales are still at the tentative stage and dependent upon a range of factors — including the development of...

RWE npower’s plans for a 2,000 MW CCGT on the site of its old oil-fired plant in Pembroke, Wales are still at the tentative stage and dependent upon a range of factors — including the development of...

RWE npower, the UK energy subsidiary of Germany’s RWE, is considering the construction of a large-scale gas-fired power plant in south west Wales. The company submitted an application to the National...

Following the UK government’s decision on Wednesday to increase its emission allowance allocation under the EU Emissions Trading Scheme (EU-ETS) by approximately 3% (see ESGM 10.209), the move has...

Following the UK government’s decision on Wednesday to increase its emission allowance allocation under the EU Emissions Trading Scheme (EU-ETS) by approximately 3% (see ESGM 10.209), the move has...

The UK has announced its plans for an international energy strategy, with the issues of tackling climate change and obtaining secure and affordable energy supplies at its core. Speaking on the...

The German government has obviously abandoned its goal of promoting competition in the electricity market with a streamlined and efficient regulatory authority, Werner Brinker president of the German...

Wingas and WIEH, the German- Russian joint ventures of oil and gas producer Wintershall and Gazprom respectively, have this week reportedly signed an extension of their existing gas supply...