The Czech Republic’s Office for Protection of Economic Competition (Urad Pro Ochranu Hospodarske Souteze, or UOHS) has launched an investigation into German utility RWE’s Czech subsidiary RWE...

Dutch gas transmission system operator Gas Transport Services BV (GTS) has sent a letter to shippers stating that it intends to offer flexibility services in 2006, as soon as the national competition...

Representatives of Italy’s Eni and grid operator Snam Rete Gas (owned 50.05% by Eni) presented contradictory views over the impact of the country’s future domestic supply/demand scenario on prices –...

The development of gas trading in Germany remains slow. For traders who know the players, transportation options, and customers there are business opportunities, but this activity is outside what...

The development of gas trading in Germany remains slow. For traders who know the players, transportation options, and customers there are business opportunities, but this activity is outside what...

Russia’s Gazprom has been authorised to supply end-users in France and is aiming for a 10% market share. The French permit further boosts Gazprom’s reach into the European downstream, where it had...

The next step has been taken towards the liberalisation of trade in Gazprom shares and the removal of the ring-fence. This month, the Russian ministry of justice approved documents on the relevant...

Russia’s largest independent gas producer Novatek said Gazprom was willing to accept more gas from Novatek as the Russian gas monopoly’s productions stagnated.Novatek’s chief financial officer Mark...

CompaniesResults – Russian Gazprom reported its consolidated net profit in the first nine months of 2005 were up 30.6% compared with the same period in 2004, to RUB 133.5 billion (EUR 3.96 billion),...

POGC management were due to meet at the end of this month to discuss the development of the second string of the Yamal pipeline (Yamal II), according to Polish Oil and Gas Company (POGC) director...

The Portuguese government will launch an initial public offering (IPO) in 2006 for part of its holdings in energy supplier Galp Energia, the Ministry of Finance announced. How much of the current...

London-based gas and oil exploration company Regal Petroleum has plugged and abandoned its exploration well, RSD-1, in its Suceava licence area in the Moldavia Platform in Romania, Regal said. The...

Russian residential prices are to increase by an average of 11.9% in 2006, the Russian tax service said.The Russian Federal Tariff Service set the average rate increase of 10.5% for the industrial...

The seriousness of the current UK price spike and the continuation of prices near or above 100 p/th raises the question not just of whether industrial buyers can come to the rescue of a short gas...

Norway has been close to cutting supplies into the UK during November because of the strict specifications on gas quality at UK sub-terminals, offshore operator Gassco’s Thor Otto Lohne told EGM this...

Ofgem has conceded the anti-hoarding measures in place at the UK’s Grain LNG terminal are “hazy” and plans to meet with the operator Grain LNG, having asked it to clarify its use-it-or-lose-it...

The UK cannot rely on the market to provide large storage facilities to ensure security of gas supply, according to a report published by ILEX Energy consultancy. Although the market has triggered...

The head of Ukraine’s state-owned oil and gas firm Naftogaz Ukrainy said the company would “stand to the death” to defend Ukraine’s interests in talks with Russian gas monopoly Gazprom on supplies...

The head of Ukraine’s state-owned oil and gas firm Naftogaz Ukrainy said the company would “stand to the death” to defend Ukraine’s interests in talks with Russian gas monopoly Gazprom on supplies...

Victoria oil and gas, the AIM-listed exploration company, has reported a 500 billion cubic feet (14 billion cubic metres) gas discovery in Western Siberia, news that caused its share price to jump...