Czech electricity market operator OTE is preparing to become a gas market regulator when the new Czech energy law comes into force in the second half of the summer. The law was submitted to the Czech...

The TTF prompt was rangebound over the last two weeks as there were no changes in fundamentals and demand remained weak, mostly coming from storage companies. Prices for short term contracts were...

E.ON Italia has decided to initiate a sales process for its 9,400km long gas network in Italy, the company’s CEO, Klaus Schäfer said in an interview with the daily Il Sole 24 Ore this month....

Project developers hoping to cash in on nearly EUR4bn of EU funds earmarked for new energy infrastructure have until 15 July to submit their proposals to Brussels, according to a statement from the...

French spot prices barely moved in the second half of May, oblivious to movements on the NBP, until 26 May when PEG Nord Day-ahead fell more than half a euro day on day to EUR10.65/MWh, its lowest...

French transport system operator (TSO) GRTgaz will invest EUR650m in 2009, up by 10% from 2008, the company said in its activity report this month.In 2008, investments increased by 61% to EUR600m...

At 29.1 m3, Gazprom’s gas exports to Europe (including Turkey) in the first quarter of 2009 were down 39% from the first quarter of 2008, when they came to 47.63 Gm3. Gazprom’s gas production in the...

Franco-Belgian energy group GDF SUEZ has purchased the 40% of Italian subsidiary Energie Investimenti that it did not already own, from partner Camfin, for a total of EUR119m. The deal “follows the...

Overall, German markets followed the trends at the TTF characterised by a steady prompt and a bearish curve in the past two weeks. The premium to the Dutch hub for both German Day-ahead contracts...

Three deals were reported in Italy in the last two weeks: June, in 90MW, and First-half June in 20MW, both traded at EUR13.70/MWh. Earlier this month, WDNW traded on the 22nd of May at EUR14.5/MWh,...

Within-day NBP contracts dipped to 17p/th on Tuesday, 28 May. This was largely due to the increase in flows from Norway despite the start of planned maintenance at the Kollsnes processing plant on...

Norwegian production was the central point of discussion for the UK market in the second half of May. Prompt NBP contracts moved lower despite an unplanned outage at the Kollsnes processing plant...

Hungarian gas distributor Emfesz has been buying gas from E.on’s Hungarian affiliate E.on Földgaz, while it seeks to finalise a supply contract with Swiss-registered RosGas, an unknown company which...

BelgiumCompetition - French energy giant GDF SUEZ and Belgian municipality Publigas have brought forward the acquisition by Publigas of a 6.28% stake in Belgian transmission system operator (TSO)...

The current struggle over infrastructure plans in the northeastern corner of Germany can be likened to the fight between David and Goliath. On one side is the small, almost unknown company Concord...

The planned takeover of Dutch utility Essent by RWE will get the go-ahead from the European Commission within weeks and should be completed before the end of July, sources close to the German company...

Talks between Slovak gas transmission system operator Eustream and its Hungarian counterpart, MOL Natural Gas Transmission, on building a 100km bi-directional pipeline connecting their grids are...

Russian Prime Minister Vladimir Putin has warned that Naftogaz Ukrainy (NAK) could have problems with the fulfilment of financial obligations relating to deliveries of Russian gas (see back page...

WINGAS has started marketing storage capacities at its Jemgum site in north-western Germany, which is currently under construction, the Kassel-based gas supplier announced this month.Interested...

The price differential between Zeebrugge and the NBP soared to about +0.80p/th by 27 May, up from about +0.35p/th the week before. There was no fundamental reason for the price hike in Belgium,...