Market coupling between the German and Danish power markets is on track to begin on 29th September, Eon Netx confirmed to ICIS Heren on Tuesday. The European Commission (EC) gave the nod to the...

German federal regulator Bundesnetzagentur (BNetzA) has started proceedings against five system network operators after the companies reneged on their promises to merge their five L-gas zones in...

Day-ahead at TTF has recovered from the heavy losses it suffered in late July following the NBP, where Day-ahead dropped on an massively over-supplied system. Day-ahead was still very volatile,...

Northern Ireland’s TSO SONI will be sold to the Irish Republic’s grid operator Eirgrid, the two companies have announced. Eirgrid told ICIS Heren it would pay £30 million (EUR 37.72 million) to the...

Electrabel buys Stadtwerke Wuppertal stakeElectrabel Deutschland, a subsidiary of GDF/Suez, is to become a strategic partner of the municipality of the German city Wuppertal (WSW), in North-Rhine...

French reservoirs settled at 85% fullness level for the fourth consecutive week in Week 35, according to the latest figures published by French grid operator RTE.Hydro-levels have settled at around...

The conflict between the Russian Federation and Georgia over South Ossetia and Abkhazia has had no significant impact on the energy flows through the South Caucasus gas pipeline which transits Azeri...

Generally, the German hubs followed the ups and downs seen in neighbouring markets since the beginning of August. Liquidity at BEB was even sparser than usual, with sometimes only very few prompt...

The Hungarian government said on Friday it plans to partially privatise the state-owned grid operator Mavir. The government says it wants to separate the TSO from activities of the state-run...

The Italian OTC curve shed ground during the first two weeks of August on the back of sustained losses on the north-west European gas markets and on Brent crude. Demands from industrial customers for...

As lower oil prices and a generally healthy demand/supply balance – despite ongoing maintenance – pressured the prompt and front month in early to mid August, stocks at the UK’s Rough storage site...

After a generally bearish trend that lasted weeks and caused most contracts across the prompt and near curve to nudge down gently, news that the pipeline connecting StatoilHydro’s Kvitebjorn field to...

Elia and TenneT, the power transmission operators in Belgium and the Netherlands, plan to put a netting mechanism in place on their borders this autumn, ICIS Heren learnt on Monday. Late September...

UkraineUkrainian transit figures reflect an increase in Russian gas exports to Europe over the first seven months of 2008. The pipeline operator said that “the Ukrainian gas transit route had...

Austria’s oil and gas incumbent OMV withdrew its formal declaration of intent to take over Hungary’s Mol this month. OMV has been attempting to take over its Hungarian counterpart, in which it has a...

Leendert Florusse, midstream developement director at EDF Gas since 2005, is leaving the company this month to pursue consultancy opportunities.Paavo Lipponen, the former prime minister of Finland,...

Invesco, a major British Energy shareholder, was in talks with the government about the possibility of a merger between Centrica and British Energy on Tuesday, the Invesco investment manager...

Available Spanish hydro stocks fell for the ninth consecutive week in Week 35, to 8,728 GWh (48.8% full) from 9,472 GWh (52.9% full), according to the latest data from the Spanish Environment...

Spain’s Vandellós II nuclear plant in Tarragona has been shut down for “several weeks” following an electrical fire at the plant on Sunday, the operator said on Monday.The news comes at a tricky time...

Belgian prompt prices were lifted by news of a shut-down at StatoilHydro’s Kvitebjorn field, after a prolonged bearish spell in the first three weeks of the month. It was only a week or so before...