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Winter ’09 hit a new life-of-contract high of 109.25 p/th on Monday, as bullish Brent oil prices pulled prices across the curve higher. The prompt market was well supported by a tight system after a...
30 Jun 2008 00:00 | ESGM
Temelin Unit II restartsCzech nuclear power plant Temelin reconnected its 1,000 MW Unit II to the grid early on Monday morning and has gradually brought the reactor’s output to 80% of full capacity,...
30 Jun 2008 00:00 | EDEM
OPAL pipeline makes progress Preparations for construction of the German OPAL pipeline (Ostsee-Anbindungs-Leitung – Baltic Sea Pipeline Link) are making progress, Wingas said on Monday. According to...
Gazprom’s net profit rose to RUB 694.99 billion in 2007, compared to RUB 636.46 billion in the previous year, mainly due to increased exports and higher prices on the domestic and former Soviet Union...
Enel has acquired an 80% stake in a Belgian company which is building a 420 MW combined cycle gas turbine (CCGT) plant in the Wallonia region of Belgium, the Italian power incumbent announced on...
Italian end-user gas and power tariffs are due to rise even further in Q3 ’08 on the back of soaring global oil prices which broke $140/bl this month, Italy’s energy regulator AEEG has...
Italian end-user gas and power tariffs are due to rise even further in Q3 ’08 on the back of soaring, global oil prices which broke $140/bl this month, Italy’s energy regulator (AEEG) announced.Power...
The initial public offering (IPO) of Polish power group Enea is to take place on the Warsaw Stock Exchange on either 1st or 4th August, according to Polish daily Rzeczpospolita. The newspaper said...
Pressure is building on the UK government to enforce carbon capture and storage (CCS) technology at all coal-fired stations in Britain. One of the government’s leading environment advisors, Jonathon...
30 Jun 2008 00:00 | EDCM
Investment bank Societe Generale expects the spread between European Union Allowances (EUAs) and Certified Emission Reductions (CERs) to narrow to just EUR 3.00/tCO2e during the second half of 2008,...
Work on an electricity interconnector between Spain and France could begin as early as October, according to a report in Spanish daily Energía Diario, although it did not cite sources. The report...
Gas and oil production in StatoilHydro’s Oseberg area in the Norwegian North Sea is set to increase as two satellite fields – Oseberg Delta and Theta Cook come on stream, adding a combined total of...
Dutch marketThe TTF was bullish across the board on Monday, in thin talk. There were strong gains on both the spot market and further out on the curve. Those on the near curve were the slimmest. For...
Drax, owner of the 4,000 MW Drax power station in the UK, expects its full-year 2008 results to be “modestly higher than recent market EBITDA consensus of around £400 million”. The company considers...
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