Speaking at a briefing in London on Monday, BP chief executive Lord Browne stated that the period of transition and consolidation that the company had been undergoing was now drawing to a close, and...

The UK Gas and Electricity Consumer Council — more commonly known as energywatch — has confirmed that Ed Gallagher will take over as Chair with effect from 1st April. Currently Chairman of the Board...

Eural Trans Gas (ETG), the Hungarian-registered gas trader with allegedly close ties to Russia’s Gazprom, has selected Cedric Brown, former ceo of British Gas and currently chairman of Atlantic...

A new study undertaken by the venture capitalist group 3i and the Economist Intelligence Unit warns that many of the new, independent oil and gas companies that have joined exploration and production...

Danmarks Statistik, the official Danish statistical office released data on Monday that showed a drop in 6% drop from 233,583 terra joules (TJ) to 218,643 TJ in overall Danish energy consumption...

Last week’s liquidity in Day-ahead Baseload and Peaks proved short-lived as French Peak prices fell causing Spanish exports to slow down. Dealers said Day-ahead trading was linked to arbitrage...

Denmark’s largest power producer Elsam on Friday released its 2003 results, reporting a profit of DKR 2.188 billion (EUR 293 million) after tax, compared to DKR 674.655 million (EUR 90 million) last...

Italy’s Enel said on Monday that it expects to reach agreement with Electricité de France by 20th May on the release of power to Enel for resale in France. Enel’s ceo Paolo Scaroni and EDF chairman...

Edison, Italy’s second largest power producer, reported its 2003 results late on Thursday, with a 10.4% rise in electricity revenues to EUR 3.9 billion and a 47.3% rise in gas revenues to EUR 2.1...

Germany´s federal ministries of economics and environment may reach an agreement on the country´s national CO2 emissions allocation plan shortly as their heads, Wolfgang Clement and Jürgen Trittin,...

The Federation of European Industrial Energy Consumers (IFEIC) and the Union of The Electricity Industry (EURELECTRIC) said on Thursday that they feared the consequences for energy prices and...

British energy regulator Ofgem on Monday reaffirmed its commitment to facilitate the connection of renewable generation projects to the low voltage distribution network. The regulator said that the...

Forward curve prices on the French power market were softer on Friday. Emissions trading and National Allocation Plan concerns factored further along the curve and saw prices fall once again. The...

Advertising for guaranteed “green” power by Spain’s two largest utilities Endesa and Iberdrola could be misleading, Spain’s energy regulator said on Friday. Spain has no legal means to enable...

UK multi-utility Scottishpower said on Monday that it was in line to meet its trading expectations for the year to 31st March 2004. Ahead of meetings with analysts, the company said that it was...

Royal/Dutch Shell may try to blame ambiguities in the regulations laid down by the US Securities and Exchange Commission (SEC) as its defence in the 20% downward reclassification of its proven...

Norwegian oil and gas giant Statoil has indicated that it is looking for investment opportunities in the Libyan oil and gas sector, ahead of the expected full lifting of UN sanctions against the...

The UK Department of Environment, Food and Rural Affairs (DEFRA) confirmed on Monday that the submission of the country’s National Allocation Plan (NAP) for the distribution of allowances under the...

The Interconnector pipeline from the UK to Belgium switched from UK imports (reverse flow) to UK exports (forwards flow) on Sunday, 28th March. Pipeline operator IUK made the switch announcement on...

Dr. Uwe Franke will follow c.e.o. Wilhelm Bonse-Geuking at the helm of BP Germany, the company´s supervisory board announced on Friday. The promotion of the current deputy ceo, who also heads BP´s...