Carbon dioxide (CO2) emissions from the UK’s power sector rose by 11% last year compared with 2002, according to a new report published by the country’s Environment Agency on Tuesday. This was...

French state-owned utility Electricité de France (EdF) is seeking to increase electricity tariffs for its domestic customers by between 2.4-2.7% from 1st August. According to Tuesday’s Les Echos...

Electrabel, Belgium’s largest power producer, and Belgian electricity supplier SPE have commissioned Merrill Lynch and Fortis Bank to examine the option of selling some of their shares in national...

Colin Moynihan, former Tory minister of energy for the UK, has accepted the chairmanship of brokers Spectron and is to succeed former Shell T&T chairman Sir John Jennings when he retires in...

US oil producer ConocoPhillips today reported net income of $2,075 million (EUR 1,723 million) for the second quarter, representing a rise of nearly 90% from the same period last year. Income from...

Day-ahead Baseload traded rangebound from Monday’s close at between EUR 28.50/MWh and EUR 28.75/MWh on Tuesday morning. In contrast, the contract fell nearly EUR 2.00/MWh at the Powernext to EUR...

Danish oil and gas company DONG has sold part of its stake in Norwegian licence PL273 to ConocoPhillips, the company said on Wednesday. In return DONG acquired ConocoPhillips’s share in UK licences...

Spanish utility Endesa confirmed on Tuesday that it was in talks with Electricidade de Portugal about the possibility of jointly building power plants in Spain and Portugal, but denied being close to...

Four bidders remain in the race to acquire control of two gas utilities being privatised by the Romanian government, local reports citing the national economy ministry said on Monday.Germany’s E.ON...

Spanish utility Iberdrola said on Tuesday that it had been successful in the first tender to supply French low voltage distribution network operator GRD EdF to compensate for energy losses on the...

UK-based energy company BG Group posted a 16% yearon- year increase in its second quarter results on Tuesday, reporting an operating profit of £348 million (EUR 526.3 million) compared with £299...

Colin Moynihan, former UK energy minister, has accepted the chairmanship of energy brokerage Spectron. He will succeed former Shell T&T chairman Sir John Jennings when he retires in September, a...

UK-based oil and gas major BP has posted second quarter profits of $3.91 billion (£2.12 billion) after amortisation and disposals - an increase of 23% on the same period in 2003 - resulting in a...

Trading volumes on natural gas quarter and season contracts on London’s International Petroleum Exchange (IPE) have started to grow since the exchange launched new products for these periods in May,...

Partners in the Saturn field in the UK’s Southern North Sea have got the green light from the UK’s Department of Trade and Industry to develop the field, stakeholder RWE Dea said on Wednesday.The...

Royal Dutch/Shell has become the first energy company to conduct an EU ETS (Emissions Trading Scheme) trade based on the International Swaps and Derivatives Association (ISDA) master agreement.Shell...

The UK government has appointed Sir Anthony Cleaver as chairman of the newly established Nuclear Decommissioning Authority (NDA). The move follows the passing of the Energy Act last week, which made...

Endesa, Spain’s biggest power producer, has finally been given clearance by the French government to take an extra 35% in domestic power producer SNET, the French generator said on Tuesday. This ...

Gas Natural, Spain’s biggest gas supplier, recorded first half profits of EUR 327.5 million, up 7% year-on-year.Despite the rise, the company’s shares fell in trading on Wednesday as results came in...

The August 2004 monthly UK power Heren index* stands at £20.72/MWh, marking a £0.42/MWh (2.0%) decrease on the July 2004 index of £21.14/MWh. It is £4.19/MWh (25.4%) higher than the August 2003 index...