Britain has confirmed it will cancel all the remaining allowances of the New Entrants Reserve (NER) in Phase I, instead of selling them in the market as it has done previously. Around 5.9 million...

EnBW is to invest heavily in power generation from renewables in the coming years, c.e.o. Hans-Peter Villis announced at the utility’s AGM on Friday. The company has secured access to a number of...

For the last year or two, the conventional wisdom in the LNG world has been that the new UK regas terminals due to start up this winter would be as underutilised as their new US counterparts. The...

On Sunday, Eni inked another Memorandum of Understanding (MoU) with Qatar Petroleum International (QPI) – a wholly-owned subsidiary of Qatar Petroleum (QP) – “to seek joint investment opportunities...

NERA announces fifth CESUR auctionThe fifth CESUR Virtual Power Plant (VPP) auction of Spanish power will be held in Madrid during the week of 16th June 2008, economic consultancy group NERA...

Golar LNG confirmed this week it had signed a $450 million (EUR 282 million) contract to supply a Floating Regasification and Storage Unit (FRSU) to Dubai Supply Authority (DUSUP), the Gulf Emirate’s...

French companies seeking to build new generation plants in France are facing less of a challenge to get their plans off the ground than grid operators, despite growing public opposition for both...

Norwegian marine services company Höegh has pressed on with its plans to create a medium-sized integrated LNG chain, with the issue of a Draft Environmental Impact Statement (DEIS) from the US...

Italy’s environment ministry has given the green light for Sorgenia and Iride’s 12 billion cubic metre/year (Gm3) regasification terminal at Gioia Tauro, the ministry told Heren Energy on Wednesday....

Nigeria will need another three to five years before it can start considering exporting more LNG, but it is determined to develop further liquefaction facilities to take advantage of global demand...

The capacity expansion at the Zeebrugge LNG terminal has been commissioned, network operator Fluxys said on Wednesday. As a result, throughput capacity at the terminal has doubled to nine billion...

Indonesia says LNG exports to riseThe v.p. of Indonesia’s state oil and gas giant Pertamina, Iin Arifin Takhyan, said this week that Indonesia would export 22.1 million tonnes of LNG this year,...

Brazil’s state run energy giant Petrobras has lined up as many LNG cargoes as it needs for this year, a source at the company said this week. About one shipment a month is thought to have been...

Taking on the regulatory risk and projecting confidence in post Kyoto carbon trading, the Post 2012 Carbon Credit Fund has began activities since the appointment of a consortium of Conning Asset...

Enel implements MoU with Dolomiti Energia for hydro developmentEnel Produzione and Dolomiti Energia signed an investment agreement on Thursday, implementing a former Memorandum of Understanding (MoU)...

Czech RepublicPower utility CEZ produced 74 GWh of hydro electricity during the first quarter of 2008 – a 15% increase year-on-year, the company said earlier this week. CEZ said the increase was due...

The possibility for this winter to see record high prices for spot LNG, above the $24/MMBtu reached in 2005, was raised again this week when it emerged that Sonatrach has apparently pre-sold a number...

Spanish power producers have to indirectly give back EUR 1.1 billion for the free emission allowances they received in 2006 and 2007 of Phase I, according to a decision from regulator CNE on...

Spot exchanges are preparing for a tough financial year following the continued delays in issuing European Union Allowances (EUAs) for Phase II of the trading scheme. With two days to go before Phase...

Recent gas discoveries in Trinidad and Tobago will not be used solely to increase LNG exports from the country. Another train at Atlantic LNG, should it proceed, will probably be smaller than train...