More than 10% of eligible sites in France have exercised choice (either by renegotiating with an existing supplier or switching) across gas and power, according to French regulator CRE. By volume, it...

Peter Zapfel from the EU Commission told The Heren Report on Tuesday the EC was currently working with the eight remaining countries yet to have distributed allowances to complying installations. “We...

As the EuroHub concept remains stalled and the Belgian regulator struggles to understand why the Zeebrugge hub is only sputtering along, the Dutch TTF hub is going from strength to strength. Not only...

The boards of French utility Suez and French incumbent gas supplier GDF have approved plans for a friendly merger of the two companies, with Suez chief Gerard Mestrallet due to head the proposed new...

Spanish energy major Gas Natural has spun off 5% of its holding in national gas transporter Enagás for approximately EUR 187 million, leaving it with a 9.9% stake. A further 8.9% will come up for...

Russia’s Gazprom is to sign an agreement in March for a 51% stake in oil and gas company Sibneftegaz, currently owned by Itera, which holds a licence to develop the Beregovoye gas field in Russia’s...

Gazprom is to delay the long-awaited announcement of its chosen partners in the Shtokman gas field development until some time in April, it emerged this month.There are five companies from France,...

The preliminary report of the EU Commission’s energy sector competition inquiry, published this month, highlights problem areas in the gas sector which are hampering the development of a fully...

Marathon is looking to supply the UK with 1 to 1.5 million tonnes per annum of LNG through a deal with Centrica, according to Bill Hastings, Senior Vice President of the US-based oil and gas company....

CompaniesResults - Italy’s national gas distributor Snam posted a net profit of EUR 524 million for 2005, the company said. Net profits are down by EUR 14 million compared to 2004, as operating...

Edinburgh-based Stag Energy says it has secured a licence with the Crown Estate for its project to develop an offshore LNG import terminal and gas storage facility in the Irish Sea, which could help...

Mr. Jean Abiteboul, former vice-president of Gaz de France (GdF), advisor to the chairman and c.e.o. and secretary of the board of directors has been appointed the executive director of Cheniere LNG...

An end to nearly two years of legal wrangling appeared in sight for Regal Petroleum when the Supreme Court of Ukraine dismissed the final appeal brought by Chernihivnaftogasgeologia (CNGG) over the...

There are signs that third parties are finding it easier to bring spot cargoes into Italy’s only LNG terminal at Panigaglia this winter. Three spot cargoes arrived at Panigaglia in January, on the...

The director for pollution prevention and climate change at the Spanish Environment Ministry, Teresa Ribera Rodriguez, told The Heren Report on Tuesday that Spain was doing all it could to keep the...

Spanish stock market regulator CNMV has approved Gas Natural’s bid for Endesa, but barred the gas major from forging any alliances. “The offer has to come from Gas Natural and from Gas Natural...

Spanish reservoir levels are closing in on 2005 year’s levels, according to data published by the Spanish environment ministry on Tuesday. They reached 8,506 GWh in week 10, compared with 8,943 GWh...

The price formula for gas delivered from Turkmenistan to Russia should be completed by the middle of this year, Russia’s industry and energy minister Viktor Khristenko said.Responding to reports that...

The UK environment minister, Elliot Morley, said on Tuesday that the UK would argue for the inclusion of the transport sector into the EU ETS. Speaking at an industry conference in Copenhagen,...

The March 2006 UK power Heren monthly index stands at £50.34/MWh, down 16% from February’s £60.03/MWh. The £9.69/MWh drop is the largest month-on-month fall since the index started in 1999, although...