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News Archive

Gas

Bullish oil revs curve higher, prompt firm on supply tightness

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

Power

For the Record

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

Gas

For the Record

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...

30 Jun 2008 00:00 | ESGM

Gas

Gazprom’s 2007 net profit up 9.2% year-on-year to RUB 694.99 billion

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...

30 Jun 2008 00:00 | ESGM

Gas

Gazprom’s 2007 net profit up 9.2% year-on-year to RUB 694.99 billion

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...

30 Jun 2008 00:00 | ESGM

Gas

Italy’s Enel buys 80% stake in 420 MW Belgian CCGT

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...

30 Jun 2008 00:00 | ESGM

Gas

Italy’s Q3 ’08 energy tariffs rise as government proposes “Robin Hood” tax

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...

30 Jun 2008 00:00 | ESGM

Power

Italy’s Q3 ’08 energy tariffs rise as government proposes “Robin Hood” tax

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...

30 Jun 2008 00:00 | EDEM

Gas

Italy’s Q3 ’08 energy tariffs rise as government proposes “Robin Hood” tax

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...

30 Jun 2008 00:00 | ESGM

Power

Italy’s Q3 ’08 energy tariffs rise as government proposes “Robin Hood” tax

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...

30 Jun 2008 00:00 | EDEM

Power

Poland’s power group Enea to hold IPO in August

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...

30 Jun 2008 00:00 | EDEM

Power

Poland’s power group Enea to hold IPO in August

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...

30 Jun 2008 00:00 | EDEM

Emissions

Pressure grows on UK to implement CCS

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

Emissions

Soc Gen sees EUA and CER spread narrowing

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,...

30 Jun 2008 00:00 | EDCM

Power

Spanish-French interconnector work may start in October

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...

30 Jun 2008 00:00 | EDEM

Power

Spanish-French interconnector work may start in October

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...

30 Jun 2008 00:00 | EDEM

Gas

StatoilHydro receives production boost from Oseberg region

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...

30 Jun 2008 00:00 | ESGM

Gas

TTF curve bullish throughout session despite late oil drawdown

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...

30 Jun 2008 00:00 | ESGM

Power

UK’s Drax expects higher EBITDA for 2008 – trading update

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...

30 Jun 2008 00:00 | EDEM

Power

UK’s Drax expects higher EBITDA for 2008 – trading update

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...

30 Jun 2008 00:00 | EDEM

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