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StatoilHydro confirmed on Thursday that all its Norwegian fields have returned from maintenance.“Oseberg, Grane, Huldra, Veslefrikk, Brage, Heimdal and Sture have all finished their maintenance,” a...
25 Jun 2009 00:00 | ESGM
EnCore Oil will soon sell its 15% stake in the Breagh gas find and its adjacent licences in the UK North Sea, the company said on Thursday. It confirmed that the consortium of field owners is selling...
The near curve of certified emission reduction (CERs) has moved into deeper backwardation over the past few trading sessions.Traders suggest one of the reasons is activity on the spread between Year...
25 Jun 2009 00:00 | EDCM
Czech power utility CEZ plans to invest about CZK20bn (€768.16m) in building a 841MW gas-fired power plant in the north Bohemian town of Pocerady, CEZ said on Thursday. Construction is scheduled to...
25 Jun 2009 00:00 | EDEM ESGM
The European Parliament is set to vote for a second time on whether to include CO2 in new legislation on industrial emissions, after governments reached an agreement at the environment council on...
The European Commission has moved to take action against virtually all its member states over their failure to fully comply with existing energy market legislation. The censure came on the same day...
EDF is looking to sell its stake in Austrian power and gas company Energie Steiermark (Estag) to Verbund, according to the daily Der Standard on Thursday. EDF and GDF SUEZ together have 25% plus one...
The EU’s April industrial output was down by 19.4%. Seasonally adjusted, there was a 1.9% drop in April in EA16, compared with March. The EU27’s April industrial production dropped by 0.9%, according...
24 Jun 2009 00:00 | EUEPR_NL EUEPR_UK
25 Jun 2009 00:00 | EDEM
Competition watchdog investigates big five Spanish companiesSpanish competition watchdog CNC has opened an investigation against the electricity companies for alleged anticompetitive practices in...
Gazprom may cut 2009 CAPEX by 30% Russia’s Gazprom may decrease its 2009 investment programme by 30% from the currently projected RUB290bn (€6.6bn), Gazprom’s deputy CEO Andrei Kruglov said on...
E.ON CUR joins OMIP as last-resort supplierPortuguese power exchange OMIP has admitted E.ON Comercializadora de Ultimo Recurso (E.ON CUR) as its 33rd trading member. E.ON CUR will supply power to...
24 Jun 2009 00:00 | EDEM
French grid operator RTE may need as much as 8,000MW of imports to balance its grid in the event of a heatwave. But the maximum transmission capacity available is only 8,570MW during working day Peak...
German power generators’s reactions to the delay of a draft law for carbon capture and storage (CCS) technology until after the general election in September have swung between criticism and...
European Commodity Clearing (ECC), the clearing house of German EEX, will provide clearing and settlement for the planned gas exchange in Austria, according to ECC, the Vienna Stock Exchange and...
Derivatives exchange CME Group said its new in-delivery month EU Allowance (EUA) and Certified Emission Reduction (CER) futures contracts will be available for trading on CME Globex beginning on 11...
Norwegian reservoir levels rose for the 10th consecutive week during Week 25. They gained 3.1 percentage points week on week to stand at 55.9% fullness, according to the data released by Nordic power...
Swiss reservoir levels rose to 52.5% fullness in Week 25 – up 8.8 percentage points week on week, according to data the Federal Energy office (BFE) released on Wednesday*.This week-on-week change is...
Indigenous production fell by 12% in the first quarter of this year compared with the first quarter of last year, according to data released by the UK’s Department of Energy and Climate Change...
End-users buying electricity on flexible contracts reported prices down by 2% in May compared with April. The largest decreases of 5% were reported by moderately large industrials with 45% load...
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