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News Archive

Gas

Belgian regulator hits out at TSO for failing to apply new transit tariffs

The Belgian regulator hit out on Friday at network operator Fluxys’ decision not to apply new tariffs for all its transit capacity. CREG reiterated that the tariffs imposed on transit contracts in...

29 Aug 2008 00:00 | ESGM

Emissions

Binding sectoral targets unlikely?

Sectoral targets for emissions reductions now look less likely to be included in the forthcoming Copenhagen climate change deal, according to officials following the latest round of negotiations in...

29 Aug 2008 00:00 | EDCM

LNG

Energy Focus - Critics see limited mileage in LNG re-export play as US follows suit

As the third empty LNG tanker steamed into Belgium’s Zeebrugge in as many weeks to lift a cargo from the previous import terminal, the operators of Gulf of Mexico’s Sabine Pass and Freeport...

29 Aug 2008 00:00 | GLM

Gas

EWE profit falls in H1 ’08 on high energy and commodity prices

German regional utility EWE has posted a higher turnover, but lower profits year-on-year for the first half of 2008, the Oldenburg-based company said on Friday. The main reason for the fall was the...

29 Aug 2008 00:00 | ESGM

Power

EWE profit falls in H1 ’08 on high energy and commodity prices

German regional utility EWE has posted a higher turnover, but lower profits year-on-year for the first half of 2008, the Oldenburg-based company said on Friday. The fall was reportedly down to the...

29 Aug 2008 00:00 | EDEM

Power

Final two of the “big six” UK energy companies raise retail prices

Scottish Power and RWE’s npower raised their retail prices on Friday, predictably following the example earlier set by their competitors. This means that the “big six” energy companies have all hiked...

29 Aug 2008 00:00 | EDEM

Power

For the record

Spanish gas use up 9% y-o-y in JuneSpanish gas use rose 8.8% in June this year, compared with the same month last year, to 34,761 GWh, according to figures published on Friday by the Spanish ministry...

29 Aug 2008 00:00 | EDEM

Gas

For the Record

RWE pipeline project makes progressAuthorities in the German state of Saxonia have started the regional planning procedure (“Raumordnungsverfahren”) for a pipeline that RWE wants to build between...

29 Aug 2008 00:00 | ESGM

LNG

Hong Kong nuclear and gas deal threatens Hong Kong LNG prospects

Hong Kong-based utility China Light and Power’s (CLP) plan to build a regasification terminal on Hong Kong’s South Soko island has been challenged by a deal that would see the Special Autonomous...

29 Aug 2008 00:00 | GLM

LNG

Inpex takes FID on vertically-integrated import terminal as Japan imports grow

Vertically-integrated Japanese oil and gas company Inpex Holdings announced it will build a 100 billion yen ($908 million) terminal at Joetsu, Niigata Prefecture, to meet growing domestic demand.The...

29 Aug 2008 00:00 | GLM

LNG

Korea’s imports up as Kogas seeks to avoid winter of discontent

Korea imported a total of 1.76 million tonnes of LNG in July, a 23% increase on the same month last year. This was due to higher domestic demand and import monopoly Kogas’ attempts to build storage...

29 Aug 2008 00:00 | GLM

Power

Market coupling cuts congestion at Belgian cross-border interconnections

Market coupling between France, Belgium and the Netherlands has cut congestion revenues collected by Elia by 40% in the first half of 2008, the Belgian TSO said in its half-year results on Friday. In...

29 Aug 2008 00:00 | EDEM

LNG

Market Report - Bearish mood casts shadow over Asian market

Downward sentiment over crude prices, despite Georgian tensions and the imminent arrival of Hurricane Gustav in the Gulf of Mexico, combined with relatively strong Asian inventories to depress...

29 Aug 2008 00:00 | GLM

Gas

Medium range storage up despite midweek withdrawals; Rough stable week-on-week

Storage levels at the UK’s medium-range storage sites, which include Hatfield Moor, Hole House Farm, Hornsea and Humbly Grove, were estimated at 626.57 million cubic metres (Mm3) or 78.6% fullness,...

29 Aug 2008 00:00 | ESGM

LNG

News in Briefs

Cheniere reveals private equity firm as white knightEmbattled US LNG import terminal operator Cheniere Energy has revealed asset manager GSO Capital Partners, part of US private equity group...

29 Aug 2008 00:00 | GLM

LNG

Polish government gives strategic investment status to LNG terminal

The Polish government has decided that the construction of the proposed LNG terminal on the country’s Baltic coast should be considered a strategic investment and therefore be built as soon as...

29 Aug 2008 00:00 | GLM

Power

Renewables Round-up

BelgiumBelgian power incumbent Electrabel is looking to build two wind farms in the North Sea, it said this week. The group has now submitted two separate concession requests to energy regulator...

29 Aug 2008 00:00 | EDEM

LNG

Snøhvit suffers production cut; StatoilHydro confirms Q4 repairs

Production at StatoilHydro’s Snøhvit LNG liquefaction plant in northern Norway was halted on 21st August after a gas leak was discovered at the plant, a spokesman for the plant confirmed. The...

29 Aug 2008 00:00 | GLM

Emissions

Spanish emissions up in August as nuclear declines

Emissions heavy power sources have taken a stronger hold in the Spanish power mix this month, as nuclear outages created a need to generate cheap power elsewhere.A fire at the Tarragona-based 1,000...

29 Aug 2008 00:00 | EDCM

Gas

UK regulator postpones BBL reverse flow service

The launch of BBL Company’s much vaunted interruptible reverse flow service has been postponed due to an objection by British energy watchdog Ofgem.BBL was due to start offering non-physical reverse...

29 Aug 2008 00:00 | ESGM

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