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News Archive

Gas

“Extension to Invoice Communication Methods in the event of User Intention to undertake Voluntary Discontinuance”

Transco has proposed that the Network Code be modified to allow it to issue invoices by ‘Conventional Notice’ subject to the satisfaction of certain conditions relating to User Voluntary...

29 Jun 2004 00:00 | ESGM

Gas

BP increases reserves by “immaterial” 23 million bbl

In submitting its obligatory Form 20-F to the US Securities and Exchange Commission (SEC) on Monday, oil and gas major BP announced it has increased its proven oil and gas reserves by 23 million...

29 Jun 2004 00:00 | ESGM

Power

British Nuclear Group’s 194 MW Chapelcross plant closes permanently

British Nuclear Group has announced the permanent cessation of generation at its Chapelcross power station in Dumfriesshire, Scotland. Chapelcross, which began electricity production in February...

29 Jun 2004 00:00 | EDEM

Power

EdF’s Roussely plans to invest in Italy and Germany at expense of Spain

French utility EdF’s ceo Francois Roussely said the firm will not prioritise investing in Spain for another three years but will focus on Germany and Italy instead. Speaking to the French daily...

29 Jun 2004 00:00 | EDEM

Gas

ExxonMobil and Qatar Petroleum commit to Zeebrugge LNG – expansion going ahead

Belgium’s Fluxys has signed a long-term capacity subscription agreement with Qatar Petroleum and ExxonMobil on Wednesday for the Zeebrugge LNG terminal. Fluxys now has the backing it needs to go...

30 Jun 2004 00:00 | ESGM

Power

Far curve drops on back of fall in coal markets

Calendar ’05 Baseload started at EUR 33.10/MWh on the back of lower coal prices and reported profit taking before staging an upward movement to take it to EUR 33.30- 33.40/MWh by the close. Calendar...

29 Jun 2004 00:00 | EDEM

Power

French lower house passes EdF-GdF statute change bill

The lower house of the French parliament voted on Tuesday in favour on a draft bill that proposes to reform state utilities EdF and GdF’s status as public companies. This would in turn free the...

29 Jun 2004 00:00 | EDEM

Gas

French lower house passes EdF-GdF statute change bill

The lower house of the French parliament voted on Tuesday in favour on a draft bill that proposes to reform state utilities EdF and GdF’s status as public companies. This would in turn free the...

29 Jun 2004 00:00 | ESGM

Power

German households paying too much — VZBV

German households are paying EUR 0.18/kWh more than their EU neighbours for their electricity, according to Federation of German Consumer Organisations (VZBV) chief Edda Müller. She said a strong...

29 Jun 2004 00:00 | EDEM

Gas

Hydro cuts Ormen Lange reserve estimates for SEC by 30.35%

Norwegian oil, gas and industrial group Norsk Hydro has cut its total proven undeveloped reserve estimates on Monday by 6.6%, including a cut of 16.32 billion cubic metres (Gm3), or 30.35% of Ormen...

29 Jun 2004 00:00 | ESGM

Power

Liberalised power market risks Nordic jobs

Electricity market liberalisation may have put 25,000 Nordic jobs on the line, according to Norwegian press reports. The reports suggest current long-term supply contracts are cheaper than they will...

29 Jun 2004 00:00 | EDEM

Gas

Shell chairman looks for a silver lining after difficult AGM

The simultaneous annual general meetings (AGMs) of Royal Dutch/Shell that were held in London and The Hague on Monday proved to be uncomfortable for the company, with apparent heckling from the...

29 Jun 2004 00:00 | ESGM

Power

Spanish demand at new high of 36,700 MW

Spanish demand reached a record high of 36,700 MW at 11:25 GMT on 29th June, grid operator Red Electrica de Espana (REE) said on Tuesday. The high surpassed the record of 36,330 MW set on Monday,...

29 Jun 2004 00:00 | EDEM

Gas

Statoil fined NOK 20 million for corruption by Norwegian watchdog

Norwegian oil and gas group Statoil has been fined NOK 20 million (EUR 2.4 million) for corruption by the National Authority for Investigation and Prosecution of Economic and Environmental Crime in...

29 Jun 2004 00:00 | ESGM

Power

Swiss reservoirs up 4.0 points in Week 26 to 38.3% capacity

Swiss hydropower reservoir levels increased by 4.0 percentage points last week to an average of 38.3% fullness, according to data from the country’s federal energy office, the BFE. Levels during Week...

29 Jun 2004 00:00 | EDEM

Gas

Transco to implement five new modifications on 12th July

The five modifications, which were signed by Ofgem on 24th June are as follows:• "Amendments to facilitate the unbundling of Supply Meter ownership and associated works in accordance with the Review...

29 Jun 2004 00:00 | ESGM

Power

UK Heren Index for July climbs 5% to £21.14/MWh

The July 2004 monthly UK power Heren index* stands at £21.14/MWh, marking a £1.06/MWh (5.3%) increase on the June 2004 index of £20.08/MWh. It is £6.49/MWh (44.3%) higher than the July 2003 index of...

28 Jun 2004 00:00 | EDEM

Gas

UK’s Rough storage unit reduces flows – nominations honoured

The UK’s Rough storage unit reduced injection rates around lunchtime on Wednesday to carry out some essential maintenance work, Rough operator Centrica Storage Limited (CSL) said on Wednesday. The...

30 Jun 2004 00:00 | ESGM

Gas

UK-Belgium Interconnector flows down 35% due to dust build up

Flows through the Interconnector pipeline linking the UK with Belgium were reduced by 35% from around 15:00 London time on Wednesday, pipeline operator IUK said on Wednesday afternoon. “We are hoping...

30 Jun 2004 00:00 | ESGM

Gas

Wingas to ship 2 Gm³ per year to the UK through BBL pipeline - reports

German Wingas declined to comment on newswire reports claiming t it will transport about two billion cubic metres (Gm³) of gas annually through the planned pipeline linking Dutch Balgzand with Bacton...

29 Jun 2004 00:00 | ESGM

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