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News Archive

Gas

BG LNG project in Italy still on hold despite partial approvalsubscriber only

UK-based BG Group's regasification project in southern Italy gained partial authorisation from a regional technical committee last week, the local Apulia...

28 Jun 2012 14:48 | ESGM

Power

CEE/SEE: Marginal correction on curves in illiquid sessionsubscriber only

Regional electricity curves struggled to find a clear direction on Wednesday, ticking slightly lower amid low liquidity on many markets.The Polish...

27 Jun 2012 20:30 | EDEM

Emissions

Czech CEZ defends growing surplus of carbon allowancessubscriber only

Czech energy major ČEZ gained koruny (Kc) 2.9bn (€112.4m) last year by selling surplus carbon allowances, the company told ICIS, hitting back at claims by...

28 Jun 2012 13:05 | EDCM

Gas

Daily oil summarysubscriber only

The weekly US stock figures published late on Tuesday by the American Petroleum Institute (API) showed an unexpected build on crude markets but with a contrary-to-forecast...

27 Jun 2012 20:45 | ESGM

Gas

Danish DONG gains seven oil and natural gas licences through new acquisitionsubscriber only

Danish incumbent DONG Energy has acquired seven oil and natural gas licences through its acquisition of oil company Front Exploration, in Tromsø, northern...

28 Jun 2012 14:12 | ESGM

LNG

European buyers probe LNG market for late summer volumessubscriber only

Capacity holders in northwest Europe are increasingly optimistic that the region could be the final destination for some spot volumes in July and August....

28 Jun 2012 09:47 | LMD

Power

Germany/France: Far curve lacks direction; electricity spot weakens on solar forecastssubscriber only

The German Calendar Year 2013 Baseload electricity contract closed Wednesday's session flat to Tuesday's levels, ignoring the gains on Brent crude oil front...

27 Jun 2012 22:10 | EDEM

Gas

Germany’s RWE says natural gas price talks with Russian Gazprom are at standstillsubscriber only

Natural gas price negotiations between German utility RWE and Russian incumbent Gazprom are currently on hold, RWE chief operating officer Rolf Martin Schmitz...

28 Jun 2012 14:51 | ESGM

Gas

Italy: Brent crude lifts natural gas far curve from all-time lowssubscriber only

The Italian wholesale natural gas far curve across the week recovered from the all-time lows touched on the back of bearish Brent crude, moving in line with...

27 Jun 2012 20:22 | ESGM

Gas

Lithuania seeks shale gas bids; Czech Republic moves to ban frackingsubscriber only

Lithuania's energy ministry will hold its first exploration tender to drill for shale gas in the Baltic country, it announced on Wednesday. The ministry...

28 Jun 2012 14:37 | ESGM

LNG

Market comment: Australia's NWS prepares to offer further LNG cargoessubscriber only

Western Australia's North West Shelf (NWS) LNG facility could offer more than the three cargoes which are currently available as part of a tender that closed...

28 Jun 2012 08:58 | LMD

LNG

NBP: Expected resumption of Interconnector flows boosts prompt gas contractssubscriber only

NBP natural gas contracts rallied across the curve on 27 June, with the prompt rising on the back of tight supply and the far curve lifted by the strong...

28 Jun 2012 05:42 | LMD

LNG

Netherlands' Gate terminal to offer reload service by June 2013subscriber only

The Netherland's Gate LNG terminal in Rotterdam has received the necessary permits to re-export LNG cargoes and plans to offer the service to its capacity...

28 Jun 2012 09:47 | LMD

LNG

NYMEX: July '12 natural gas contract expires nearly flat as heat continuessubscriber only

The July '12 natural gas futures contract expired less than 1 cent higher by the end of the trading day, as traders' short-covering activities pushed prices...

28 Jun 2012 05:41 | LMD

Power

Romania’s cogeneration and electricity export fees to go up – traderssubscriber only

Romania's cogeneration electricity tax has increased by New Lei 2.70/MWh (€0.60/MWh), bringing the country's so-called export tax to an average New Lei 40.00/MWh,...

28 Jun 2012 14:11 | EDEM

UK coal consumption down in April as coal generation fallssubscriber only

UK coal stocks held by electricity generators fell by just 7% - or 0.6m tonnes - month on month in April, as coal consumption fell sharply for the first...

28 Jun 2012 13:03 | CSD

Power

UK draft energy bill will not cut renewable electricity costs - SSEsubscriber only

A coalition of energy companies and green groups has warned that the UK's draft energy bill will fail to spur vital cost reductions within the renewable...

28 Jun 2012 13:58 | EDEM

Power

UK electricity generation falls on gas and nuclear powersubscriber only

The UK's electricity generation fell by 3.4% year on year in the first quarter of 2012, according to statistics released by the Department of Energy and...

28 Jun 2012 12:46 | EDEM

Power

UK: Bullish fuels inspire rally along length of electricity curvesubscriber only

Prompt and curve electricity prices rallied on Wednesday, capturing gains made on the fuels complex. Prompt prices found additional support via reduced short-term...

27 Jun 2012 20:06 | EDEM

Power

Warm weather forces Swiss energy consumption downsubscriber only

Switzerland's total energy consumption recorded a year-on-year fall of 6.5% in 2011, primarily driven lower by warmer weather throughout the year, the Swiss...

28 Jun 2012 14:36 | EDEM

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