Another hectic week saw almost a dozen trades reported on the OTC market with the 2005 quarters the focus of interest. Traders’ recent comments that next year would see more active trading appear to...

All 6 TWh of gas offered by French incumbent GDF at auction on Friday was sold, a spokeswoman said on Friday afternoon. The auction is part of the gas release programme imposed on GDF in the south...

Cal ’05 Baseload and its first and fourth quarters continue to move down after peaking a few weeks ago at the height of fears about record oil prices. “Now that the Dutch Baseload is so much higher...

EDF, France’s state-owned electricity company plans to invest at least EUR 7-11 billion in the gas sector from 2005-2012, according to a report in French daily Les Echos on Friday. The report says...

EDF, France’s state-owned electricity company plans to invest at least EUR 7-11 billion in the gas sector from 2005-2012, according to a report in French daily Les Echos on Friday. The report says...

Austria’s EVN has completed the purchase of 67% stakes in two Bulgarian power distributors in Plovdiv and Stara Zagora for EUR 271 million. Bulgaria is selling a total of seven utilities in an...

Belgian transmission group Fluxys announced this week that the proposed changes to its current transportation model and additional services will give shippers greater operational flexibility to...

The average value of November capacity from France to England via the National Grid Company (NGC) and RTE-operated interconnector stood at EUR 7,208.56/ MW (EUR 10.73/MWh) in the second tranche of...

France could rise by nearly 10% from 1st November, according to reports in the French media. Daily paper Le Parisien, was the first to report that the government, which approves GDF’s tariff...

EDF, France’s state-owned power company, has asked the government to approve a 7.5% price rise over the next three years, starting with a 3.6% rise on 1st November, according to reports in the French...

Gazprom’s exports to Europe rose by 8.74% year-on-year during the period January-September 2004, according to a statement released by the company.This compares with an 8.4% year-on-year increase in...

Spanish power utility Iberdrola said in its third quarter results on Friday that its gas supply contracts include some protection against higher costs for its growing CCGT capacity after this year’s...

The ongoing strike on Norwegian oil and gas rigs threatens to bring all Norwegian oil and gas production to a halt, if Norway’s labour ministry does not intervene in the Norwegian Shipowners’...

Russia’s second-largest natural gas producer Novatek, 25% owned by France’s Total, is to list on the Russian stock market (RTS) at the end of November.The listing indicates that Novatek could be...

The French power market, in similar fashion to Germany, took a big hit on Day-ahead Baseload on Friday, but closed higher on the Peaks. The rest of the market closed higher. The market was surprised...

More wind power capacity this year at Spanish power utility Iberdrola helped inflate third quarter net profit by 13% to EUR 854 million, the company said on Friday. An extra 520 MW of renewables,...

Richard Pugh has joined ENI UK’s North Sea Gas & Power Group as North Sea Gas Strategy Manager. This move follows 10 years within Total Gas & Power; assigned to gas trading and more recently business...

Total and BP have bought volumes at GDF’s gas release auction held last Friday, both global energy majors confirmed on Monday. They declined to give further details on volume or price.The news does...

Russia’s Unified Energy Systems (UES) is to build a EUR 800 million power plant in south-eastern Turkey, according to local media. The Russian utility reportedly plans to buy at least two electricity...

Transco is supporting a proposal that the lower Wobbe limit at the Hornsea storage facility be dropped from the current 48.14 MJ/m3 to the national minimum of 47.20 MJ/m3. This draft follows several...