The Russian minister of natural resources Yuri Trutnev has said that he intends to launch a check into Rusiya Petroleum’s compliance with licence conditions for the Kovykta field in eastern Siberia...

A final investment decision is to be made on whether a new pipeline will be built from Norway to either the UK or continental Europe by the end of 2007, Alv Bjørn Solheim, senior vice president...

In mid-October, TTF prices were underpinned by robust demand and weak Norwegian supplies to the Netherlands, in spite of the premium of the Dutch Day-ahead prices over the NBP. There was some...

Within-day and Day-ahead on PEG Nord have traded in a range of EUR 12.50-14.50/MWh and continue to take direction from Zeebrugge. Although France was at a discount to Zeebrugge last winter, the PEGs...

French multi-utility Suez and gas incumbent Gaz de France (GDF) unveiled this month the organisation of their planned merged group, following rumours of disagreements over the new entity’s management...

The lack of competition coupled with climbing prices in Germany’s gas and power markets has galvanised the country’s politicians into action. The discussion is still chiefly driven by concerns over...

BEB: Activity on the German BEB has remained constant over the past two weeks. Although its rival, E.ON Ruhrgas’ market, has been reportedly inactive (see separate story on page 4), the lack of...

Germany’s energy regulator Bundesnetzagentur has conceded that the contentious gas network Option model has significant shortcomings, according to the German federal association of new energy...

The mild weather in Italy so far this winter has pressured October and November, as in most European markets. The balance of October has been valued at a discount of around EUR 3.65/MWh to the Eni...

Italian suppliers say they are very unlikely to comply with the ministry’s August emergency decree which told them to have at least 10% of their direct industrial customers on interruptible...

The bears continued to dominate the NBP in the second half of October. Speculators seized on what bullish signals they could to drive up certain contracts, only for them retrace in a reasonably...

DenmarkIPO - The Danish government has taken the first step towards partly privatising state-owned oil and gas incumbent Dong Energy AS. A statement from the Danish Finance Ministry said it planned...

The Nord Stream under-Baltic pipeline linking Russian Vyborg with German Greifswald, would leave Poland at Russia’s mercy, Polish prime minister Jaroslaw Kaczynski has told the German financial daily...

Polish gas incumbent PGNiG has signed an agreement with Investgas to expand its gas storage at the Mogilno facility by around 100 million cubic metres (Mm3), or 20%.The facility is the only salt...

The Russian minister of industry and energy Viktor Khristenko has now confirmed that the 100% Gazprom-owned Mezhregiongaz will be the trading platform for the planned Russian gas exchange reports...

German energy company RWE is setting up a new company to deal with the Group’s non-regulated gas mid-stream activities, which is due to be operational by early 2007.The new company, which is still...

The European Commission confirmed on 26th October that it had received a response from Spain regarding legal action taken against Madrid over the conditions placed on German power company E.ON’s...

Heiko Lohmann, who is well known to EGM readers, has written an excellent guide to the liberalisation or otherwise of the German natural gas industry. He poses the question: is it a special...

A new underground storage project is under way in Spain. Escal, the Spanish subsidiary of Canada-based energy project group Eurogas, has joined forces with construction firm ACS to develop an...

The Zeebrugge hub followed NBP downwards on the back of a long British system and mild weather during the last two weeks of October. Outright levels fell sharply in line with their British...