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News Archive


Belgium: Strong flexible natural gas supply softens December ahead of delivery

The outright Zeebrugge market continued its downward trajectory on Tuesday as the natural gas supply picture across Europe remains extremely healthy, influenced...

29 Nov 2011 18:42 | ESGM

Brent support leaves coal swaps longer-dated contracts flat

Firming Brent crude and equity markets lent the coal swaps' back end some support on Tuesday to push longer-dated contracts up intra-session before finishing...

29 Nov 2011 18:58 | CSD


Britain: December losses continue as bullish natural gas factors evaporate

Contracts across the NBP dealt lower on Tuesday as the ample natural gas storage situation was compounded by new forecasts that predicted December temperatures...

29 Nov 2011 19:36 | ESGM


CEE/SEE: Balkan traders build up portfolio in auctions

A clear-cut bearish sentiment on the fuel complex fed through to German and Czech curve prices, which shed further premium on Tuesday. In contrast, the longer-dated...

29 Nov 2011 20:48 | EDEM


Daily oil summary

The markets opened in negative territory after ratings agencies issued warnings about a possible downgrade of the US credit rating, while forecasts that...

29 Nov 2011 20:27 | ESGM


Denmark to spend €0.75bn on new energy goals

Denmark's newly appointed government intends to allocate Danish kroner (DKr) 5.6bn (€0.75bn) to support its energy agenda to 2050, financed mainly through...

29 Nov 2011 18:32 | EDEM


EEA expects offshore wind power to grow rapidly by 2020

The European Environment Agency (EEA) has projected that offshore wind energy will be the fastest-growing renewable source in Europe, with installed capacity...

29 Nov 2011 17:45 | EDEM


EU regulation on market transparency slightly delayed

The new EU Regulation on Energy Market Integrity and Transparency (REMIT) will come into force later than anticipated as a result of a delay to the regulation...

29 Nov 2011 17:14 | EDEM ESGM


EU regulation on market transparency slightly delayed

The new EU Regulation on Energy Market Integrity and Transparency (REMIT) will come into force later than anticipated as a result of a delay to the regulation...

29 Nov 2011 17:14 | EDEM ESGM


France: French natural gas prompt bucks general European downward trend

French prompt natural gas prices bucked the downward trend of European gas hubs on Tuesday. PEG Nord Day-ahead gained €0.10/MWh session on session...

29 Nov 2011 18:58 | ESGM


Germany/Austria: German prompt and near curve head south amid warm winter weather

German gas prices shed further ground on Tuesday as warm temperatures and a bearish energy complex pushed down prompt levels in particular at the NCG and...

29 Nov 2011 20:26 | ESGM


Germany/France: Spot weighs down the curve as values tumble

The German and French far-curve contracts declined on Tuesday, weighed down by bearish fundamentals as well as the weak prompt, which dropped further as...

29 Nov 2011 20:34 | EDEM


INPEX joins Nexen on western Canada shale gas plan

Canada-based oil and gas exploration and production company Nexen is partnering with Japan's INPEX on a $700 million (€525 million) plan to monetise western...

29 Nov 2011 17:19 | LMD


Italy: Overpriced electricity front month continues to rise

The Italian electricity curve prolonged the upside seen on Monday, as a rise in Brent crude, coupled with the ongoing strong spot prices, sustained the...

29 Nov 2011 19:55 | EDEM


Netherlands: TTF spot continues to fall in absence of cold weather

The TTF extended its downward move on Tuesday, which was viewed with little surprise in the market as mild temperatures continue to pressure demand. "Fundamentally,...

29 Nov 2011 19:48 | ESGM


New cross-border allocation rules across Europe in January

All traders in the central western and southern Europe, including Switzerland, will be able to access yearly, monthly and secondary cross-border electricity-capacity...

29 Nov 2011 17:44 | EDEM


New Polish-German electricity interconnector to come online by 2014

The Polish grid operator PSE-Operator launched a feasibility and environmental study last week to build a third 400kV electricity interconnector between...

29 Nov 2011 17:31 | EDEM


Nuclear electricity should be at heart of Czech energy policy, government told

A key Czech Republic governmental advisory council has said nuclear electricity should play a major role in the nation's future energy policy.The...

29 Nov 2011 18:20 | EDEM


Turkey heading for an uncertain LNG future

After some deliberation, Turkey's independent terminal operator, EgeGaz, has decided to keep Aliaga LNG terminal in full operation until March 2012 at least,...

29 Nov 2011 17:59 | LMD


Turkish electricity pool prices spike ahead of exchange launch

Electricity prices on Turkey's PMUM have reached a near three-month high just hours before the pool is expected to launch its fully-fledged bourse on 1 December....

29 Nov 2011 18:17 | EDEM


UK: Mild weather drags prompt down further

The UK wholesale electricity curve ticked downwards on Tuesday, pressured by bearish fuels. Prompt contracts also suffered losses as a result of continued...

29 Nov 2011 20:45 | EDEM

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