Swiss electricity producer BKW FMB Energy has acquired a 40% stake in Italian-based CHP and biomass construction firm STC S.p.A. BKW saw the move as a long-term investment, which would provide it...

Swiss electricity producer BKW FMB Energy has acquired a 40% stake in Italian-based CHP and biomass construction firm STC S.p.A. BKW saw the move as a long-term investment, which would provide it...

Slovenian power utility Holding Slovenske elektrarne (HSE) has signed an agreement with Elektroprivreda RS (EPRS) in Bosnia & Herzegovina to increase generation facilities in the country. According...

British Gas is to raise gas and power prices for the second time in 2006, and the third time in less than 12 months, as a result of rising wholesale prices.Gas prices will increase by 12.4% and...

UK multi-utility Centrica has posted a 38% fall in first half earnings, commensurate with the third gas and power price rise for customers in less than a year.Operating profit across the group hit...

UK multi-utility Centrica has posted a 38% fall in first half earnings, commensurate with the third gas and power price rise for customers in less than a year.Operating profit across the group hit...

ExxonMobil’s first half net income was up 21% year-on-year at US$ 18,760 billion (EUR 14,856 billion), reflecting higher oil and gas realisations and improved refining margins, partly offset by lower...

Wind farm developers in France received 220 construction permits between 1st February 2005 and 1st February 2006, representing 1,230 MW of new build, the Ministry of Industry’s latest study figures...

The recently formed French consortium of heavy power users, Exeltium, has only received half of the volumes it requested through its tender for around 35 TWh/year launched at the end of May, the...

France’s leading independent power supplier Poweo posted this week a turnover of EUR 119.2 million for the first half of 2006, a 241% increase on the same period last year. The year-on-year rise...

France’s leading independent power supplier Poweo posted this week a turnover of EUR 119.2 million for the first half of 2006, a 241% increase on the same period last year. The year-on-year rise...

EEX, the German energy exchange, is to publish details regarding market making on its offered contracts from Thursday, it has announced.The bourse will publish details on the minimum contract size...

Italian wholesale company Enoi has begun providing market-making services for the Italian PSV (Punto di Scambio Virtuale) hub this week.The company has invited around 20 Italian companies to access a...

The annual profit in the Norwegian power industry increased by 6.5% in 2004 to NOK 11.3 billion (EUR 1.43 billion), according to figures released by Statistics Norway on Thursday.Norway produced...

Spain-based gas and oil major Repsol YPF’s first-half 2006 results posted on Thursday reported a 9.9% increase in net income from EUR 1.62 billion in H1 ‘05 to EUR 1.78 billion in H1 ‘06, with income...

Anglo-Dutch energy major Royal Dutch Shell’s Q2 2006 earnings of US$6.3 billion (EUR 5.0 billion) were up 36% compared with Q2 2005, the company announced on Thursday.Q2 2006 cashflow from operating...

Generation from Slovenia’s 19 hydropower plants increased by 40% year-on-year for the first half of 2006, reaching 1.785 TWh. However, output from four thermal plants and the country’s nuclear plant...

Generation from Slovenia’s 19 hydropower plants increased by 40% year-on-year for the first half of 2006, reaching 1.785 TWh. However, output from four thermal plants and the country’s nuclear plant...

The recent power production problems brought on by the heatwave across much of Europe have resulted in solar power becoming temporarily cheaper than wholesale power prices, according to Germany’s...

Lord Robertson, former secretary general of Nato, has joined TNK-BP’s board of directors as deputy board chairman.Robertson, also once UK defence secretary, replaces BP nominee Dick Olver. “Together...