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Foreign Affairs

Gazprom investigation may take up to 18 months - Oettinger

The European Commission’s investigation into alleged market abuse by Gazprom will take between 6-18 months to conclude, Günther Oettinger, the EU’s commissioner for energy, told Interfax on Tuesday.

12 September 2012
Investment & Finance

Energy Efficiency Directive requires €50bln/year investment

The Energy Efficiency Directive – passed by the European Parliament on Tuesday – could require member states to invest between €40 and 50 billion ($52-65 billion) per year in energy saving technologies, MEP Claude Turmes said on Tuesday.

12 September 2012
Environmental Policy

Commission studies acknowledge risks of unconventional gas

Large-scale shale gas extraction in the European Union may not only pose high risks to the environment and public health but also will not likely decrease Europe’s dependency on gas imports, according to three European Commission reports published on Friday.

11 September 2012
Market Legislation

EP discusses new funding for European energy policy

Representatives of the committee on Industry, Research and Energy and Regional Development met on Monday to discuss the role of EU cohesion policy and the implementation of a new European energy policy in the European Parliament.

10 September 2012
Foreign Affairs

Gazprom investigation to include destination clauses

The European Commission’s investigation into alleged market abuse by Gazprom is likely to include destination clauses in long-term gas supply contracts, legal experts told Interfax this week.

7 September 2012
Energy Security

Oettinger schedules Baltic visit

Günther Oettinger, the European Commission's energy commissioner, will visit the Lithuanian capital Vilnius next week to discuss the region’s energy security and to speak at a regional summit.

7 September 2012
Foreign Affairs

EU to look into alleged ‘dumping’ practices by Chinese solar firms

The European Commission has initiated an anti-dumping investigation into imports of Chinese solar panels and their key components, it said on Thursday.

6 September 2012
Foreign Affairs

EC opens proceedings over Gazprom’s market dominance

The European Commission has opened formal proceedings to investigate whether Gazprom might be hindering competition in Central and Eastern European gas markets, in breach of EU antitrust rules.

6 September 2012
Upstream

Commission adopts guidelines to avoid congestion in gas transmission pipelines

In accordance with the opinions of the European Parliament and the European Council, the European Commission, last Friday, adopted Congestion Management Procedures (CMP) aimed at ensuring a better management of congestion in European gas transmission pipelines.

4 September 2012
Market Legislation

ENTSOG to assess impact of renewables, nuclear on gas

The European Network of Transmission System Operators for Gas (ENTSOG) has said its top priority for 2013 is to study the development of renewable and nuclear energy sources and assess their implications for gas, according to the draft 2013 Annual Work Programme published last Wednesday.

29 August 2012
Environmental Policy

EU, Australia to link up carbon trading systems

The European Commission and the Australian government announced on Tuesday that they will fully link the emission trading systems between the two continents by 2018.

28 August 2012
Environmental Policy

EU subsidies unlikely to boost optimism in CCS sector

Despite up to €1.5 billion ($1.9 billion) in subsidies for low-carbon technologies, there is no consensus on the long-term role of coal in Europe.

23 August 2012
Market Legislation

ACER to hold workshop on transparency regulation

The Agency for the Cooperation of Energy Regulators will host a public workshop on transparency in EU gas markets in Ljubljana, Slovenia on 13 September, it announced on Wednesday.

22 August 2012
Foreign Affairs

Leadership change signals new era for EU-China collaboration

New business opportunities will arise for EU energy companies when Chinese leader Wen Jiabao steps down this autumn, experts have told Interfax.

21 August 2012
Upstream

Gazprom ‘hopeful’ on new OPAL agreement with regulators

Gazprom has opened negotiations with the European Union with the aim of finding a solution to the regulatory framework concerning the Ostsee-Pipeline-Anbindungs-Leitung (OPAL) pipeline, which is hindering its full use, the company has confirmed.

20 August 2012
Environmental Policy

Commission pushes for shale gas debate in Europe

Last week, the European Commission launched a call for proposals to organise public debates and information campaigns on shale gas in the EU. Up to €200,000 ($245,000) of funding will be made available to public authorities in member states to co-finance campaigns.

16 August 2012
Upstream

TANAP highlights EU’s dependency on Turkey

The Trans-Anatolia Gas Pipeline, which will carry gas from Azerbaijan’s Shah Deniz, field has strengthened Turkey’s position as an important transit country for gas exports to the EU, analysts told Interfax this week.

15 August 2012
Environmental Policy

Chinese, Indian airlines ignore EU ETS reporting obligations

There are still 10 Chinese and Indian airlines that have not submitted emissions data for 2011 to the European Commission, as required under the EU’s Emissions Trading Scheme (ETS), commission sources told Interfax on Monday

14 August 2012
Foreign Affairs

Complaint against Chinese solar exporters could benefit gas

A group of 25 European solar panel manufacturers, led by Germany’s Solarworld have filed an anti-dumping complaint to the European Commission, arguing that Chinese companies sell photovoltaic cells below production costs on the European market.

9 August 2012
Market Legislation

GFMA warns of duplicative reporting requirements under REMIT

The Global Financial Markets Association has warned that transaction reporting under REMIT will lead to duplicated reporting requirements for energy companies.

8 August 2012

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