US independent gas and oil producer Apache is still looking to invest in the UK North Sea but says that opportunities are not that obvious at the moment. “We intend to make additional large...

In response a question at a Number 10 press conference on Tuesday, the British Prime Minister, Tony Blair, acknowledged the real threat of climate change to the stability of the planet and...

The market for emission allowances in the EU’s Emissions Trading Scheme (EU-ETS) faced uncertainty on Wednesday amid conflicting reports that the European Commission had asked the German government...

Drewag, Dresden’s municipal utility, is increasing its power tariffs by 5% to 15.435 eurocent per kWh from 1st July, according to a company spokesman. The rise was attributed to higher tax burdens...

Drewag, Dresden’s municipal utility is raising its gas tariffs by 7% from October, according to a company spokesman. The firm attributes the rise to soaring oil prices that have dragged up long term...

Dutch gas incumbent N.V. Nederlandse Gasunie will go ahead with the construction of a pipeline linking the Netherlands with the UK, the company announced on Wednesday. The decision to launch a EUR...

The European Commission has announced that it is looking to re-examine its targets for the promotion of renewable energy amid concerns that the EU may fail to achieve its target of a 12% target for...

Austrian regional utility EVN increased operating profit by 10.9% to EUR 154.1 million in the period 1st October 2003 to 31st March 2004, according to a company statement.Group turnover rose 0.8%...

Austrian regional utility EVN increased operating profit by 10.9% to EUR 154.1 million in the six months to 31st March, according to a company statement. Group turnover rose 0.8% year-on year to EUR...

This modification relates to Transco’s procedures when it has to terminate a shipper’s agreement when it defaults on payments. The purpose of the modification is to improve the transparency of this...

This proposal is aimed at aligning the Network Code with the changes proposed for Transco’s GT Licence. Ofgem considered that the Licence proposals would incentivise Transco “to make more efficient...

Thursday’s strike at French utility EdF could lead to the biggest ever strike-related single day cuts in power generation capacity, according to a spokesman for union CGT. 75-80% of the workforce are...

Norsk Hydro, operator of the giant Ormen Lange field being developed on the Norwegian Continental shelf, has awarded a NOK 300 million (EUR 36.45 million) contract to Stolt Offshore for pipelines to...

The market for emission allowances in the EU’s Emissions Trading Scheme (EU-ETS) faced uncertainty on Wednesday amid conflicting reports that the European Commission had requested that the German...

This modification was proposed by Transco in order to make the daily measuring of users’ balancing indebtedness more timely and accurate. It also aims to reduce the number of unnecessary meetings...

Moscow-area utility Mosenergo has announced net profits of 737 million roubles (£14.04 million) for the year ending 31st December 2003. This compares with a net loss for 2002 of 2,341 million...

The Power Trade Forum (PTF), the association representing UK power traders, has detailed its progress to minimise the barriers to trade in the UK market. The PTF was established with the specific...

Scottish Power today announced preliminary annual results showing before tax profits up 10% to £920 million from £836 million last year, better than analysts’ expectations of around £900 million. The...

Norwegian oil and gas company Statoil is investing NOK 300 million (EUR 36.45 million) in search of added production capacity at some of its maturing oil and gas fields off the Norwegian coast....

Vattenfall Europe (VE) is examining whether to build a new coal-fired CHP power plant in the Hamburg area, a spokesman said. “We are in the very early stages of planning. There are two possible...