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News Archive

Power

Berlin plays down local election outcome

The German cabinet played down the importance of the Baden-Württemberg local election outcome on the country's nuclear policy late on Monday.The state...

29 Mar 2011 13:29 | EDEM

Power

CEE/SEE: Prompt slides, but Germany lifts curve

Longer-dated southern and central eastern European contracts on Monday were driven by the weekend developments in Germany. Expectations of increased...

28 Mar 2011 20:30 | EDEM

Power

Eneco buys Oxxio to expand renewables base

Dutch utility Eneco will purchase the Netherlands-based energy supplier Oxxio from Centrica for €72m, Eneco announced this week.The move is in line...

29 Mar 2011 12:56 | EDEM ESGM

Emissions

EU clears rules on free carbon allowances for utilities

The European Commission on Tuesday adopted the rules that will govern how many EU allowances (EUAs) central and east European governments could give out...

29 Mar 2011 15:55 | EDCM

Gas

ExxonMobil temporarily halts German hydrofracking

ExxonMobil has temporarily stopped drilling for unconventional gas in Germany using the hydraulic fracturing method (hydrofracking), the company said on...

29 Mar 2011 15:56 | ESGM

Gas

Interruptible capacity to be sold on Norwegian pipes

Priority booking for companies with a stake in Norwegian pipelines will be a thing of the past under a series of changes being circulated by the Norwegian...

29 Mar 2011 17:43 | ESGM

Gas

Italy’s new balancing system won’t meet 1 April deadline

Italy's new gas balancing system won't take effect by Friday's deadline because the Ministry for Economic Development (Mse) has yet to issue the necessary...

29 Mar 2011 16:05 | ESGM

Power

Japan could delay EDF nuclear price decision

French utility Poweo has said the Fukushima nuclear crisis in Japan may have contributed to the French government's delay in deciding a price for the nuclear...

29 Mar 2011 17:14 | EDEM

LNG

Japan's TEPCO turns to NBP-indexed pricing

Japan's Tokyo Electric (TEPCO) will use NBP-linked indexation for spot deals, partly because of high crude oil prices, a company source said on Tuesday....

29 Mar 2011 09:02 | LMD

Power

Low French hydro likely to support higher Q2 '11 level

French hydro stocks remain below their seasonal average in week 13, which analysts and meteorologists say is likely to support the new higher perch for Q2...

29 Mar 2011 15:51 | EDEM

LNG

Market Comment: S Korea's K-Power issues tender for May

South Korean independent electricity producer, K-Power, has issued a tender for delivery of one cargo in May, a source familiar with the issue said."This...

29 Mar 2011 09:01 | LMD

LNG

NBP seasons jump, ignoring spot’s early fundamental-based dip

An early fall in the prompt failed to set the tone for the rest of the day as an afternoon jump in curve contracts saw several seasons close over $0.32/MMBtu,...

29 Mar 2011 07:53 | LMD

Gas

Norwegian links to Denmark and Netherlands under review

The possible creation of a pipeline link between Norway's Gassco transportation system and the Danish network should be valued in terms of additional flexibility,...

29 Mar 2011 17:41 | ESGM

LNG

NYMEX: Late-session sell off ends prompt's prolonged climb

The front of the NYMEX curve appeared on its way to extending last week's prolonged strength until the last 15 minutes of floor trading when the April '11...

29 Mar 2011 07:53 | LMD

Gas

Societe Generale joins APX-ENDEX’ UK gas market

The French bank Société Générale (SocGen) has joined the APX-ENDEX' Gas UK futures market, the Anglo-Dutch energy exchange announced on Tuesday. The bank...

29 Mar 2011 15:59 | ESGM

Power

Spanish hydro output ticks up as reservoirs rise

Spanish hydro output rose slightly week on week in tandem with rising hydro stocks, according to data from the Spanish environment ministry. Reservoir...

29 Mar 2011 17:39 | EDEM

Gas

Two new fast-track fields in production by 2013 – Statoil

Two new Norwegian fields could be ready for production by the fourth quarter (Q4) of 2013 as part of Statoil's fast-track development plan, the company said...

29 Mar 2011 13:31 | ESGM

Gas

UK and French storage injection rises

European gas hubs continued to inject gas into their storage sites in the week to 28 March 2011, bringing fullness levels across Europe up by one percentage...

29 Mar 2011 16:02 | ESGM

Power

UK: Far curve bullishness extends into week 13

Back-end contracts across the power curve clocked up substantial gains on Monday, as traders continued to bid speculatively with respect to the likely impact...

28 Mar 2011 20:13 | EDEM

Power

US-Dutch firm plans 100MW solar farm in Turkey

GiraSolar, a US-Dutch renewables company, is in talks with a Turkish firm to build a 100MW solar park in southern Turkey, according to local reports.The...

29 Mar 2011 15:57 | EDEM

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