RWE Gas Storage, the subsidiary of Czech gas incumbent RWE Transgas, plans to hold an open season auction next spring for underground gas storage capacity slated to become operational as of 2010, a...

Gas demand in Russia is being affected significantly by the global economic downturn. Russian power generators (which accounted for 181 billion cubic metres in 2007, or around 37% of Gazprom’s...

Nuon signed a contract with Papendrecht (a joint venture between Visscher Smit Hanab, Visscher Smit Bouw and Iv-Oil & Gas) for the expansion of its gas storage capacity in Epe, Germany, this month....

Enel to tender network 4 Dec-reportsEnel is planning to open a tender to sell off 70–80% of its gas distribution network on 4 December, according to various Italian and international media reports....

French gas imports fell year on year as a result of a milder 2006–2007 winter, according to the latest yearly statistics from the French Energy Ministry. They were down 5.1% to 409TWh (38 billion...

Fullness at French storage facilities fell to 99% in the seven-day period running to 23 November, down from 101.1% during the previous seven-day period, according to data published on Friday by...

Energy conglomerate GDF Suez plans to invest EUR30bn from 2008 to 2010, despite the global economic conditions, the group said in an investor’s presentation this month. GDF Suez c.e.o. Jean-François...

Italian gas consumption fell by 9.5% year on year in October to 6.3 billion cubic metres (Gm3), according to data published by the country’s ministry of economic development on Friday. Imports into...

The prompt was soft on a well-supplied system, although expectations of colder weather toward the end of the week moved contracts higher. Between Monday and Thursday Day-ahead closed between...

Day-ahead NBP prices picked up by 13.90p/th between 14-25 November to reach 57.90p/th as a spell of cold weather hit most of Europe and pushed demand up. Contracts further out continued to lose...

The German Federal Cartel Office (FCO) has reached a deal with RWE in connection with the authority’s probe into gas prices, according to a report in Financial Times Deutschland. As part of the...

The economic downturn has already started to have an impact on the wind energy industry in Europe, said consultants Frost & Sullivan this week. However, the consultancy forecasts that the sector will...

EuropeThe European Commission, the European Investment Bank and a number of national development banks are teaming up to launch a new fund for energy, climate change and infrastructure, as part of...

Shell Petroleum Development Company (SPDC), the major energy provider’s Nigerian subsidiary, declared force majeure on its Soku gas plant in the Niger Delta to repair damage caused by illegal gas...

Russia’s Gazprom Export and Slovakian gas incumbent Slovenský plynárenský priemysel (SPP) have signed an agreement for the supply of 130 billion cubic metres (Gm3) to Slovakia from 1 January 2009...

Spain’s Ministry of Industry, Tourism and Finance (MITYC), which oversees energy policy, has proposed the elimination of two of the four gas tariffs for low-consumption gas users, provided for under...

Turkey and Iran signed a memorandum of understanding (MOU) this month that paves the way for ambitious agreements involving the joint development of the giant Iranian offshore South Pars gas field...

Russia’s Gazprom and Ukraine’s Naftogaz have reached a tentative agreement on the settlement of Ukraine’s gas debt, though further delays or disputes would jeopardise last month’s agreement to remove...

A total of 37.2 million cubic metres (Mm3) traded in Russia’s latest Mezhregiongaz (MRG) auction with a ten-day delivery mechanism on 28 November, according to figures published on MRG’s website on...

In an unexpected move, German gas transmission company WINGAS TRANSPORT has stopped all planning activities for the construction of the Sueddeutsche Erdgasleitung (SEL) pipeline with immediate...