• Natural Gas Daily
  • Europe
EU Energy Policy

Slow progress on energy taxation reform

The incoming Danish EU presidency is facing tough discussions on energy taxation in the Council.

12 December 2011
EU Energy Policy

Slovak-Hungarian gas pipeline: a step closer to EU co-funding

European Union co-funding for a planned interconnector between the Hungarian and Slovak gas pipeline systems may finally get on track following a recent decision by state-owned electricity company MVM

12 December 2011
Exploration & Production

Conoco strikes gas in North Sea

US supermajor ConocoPhillips has struck gas at two wildcat wells in the southern Norwegian section of the North Sea, the Norwegian Petroleum Directorate said on Monday.

12 December 2011
Policy & Regulation

France’s gas price debate deepens

French retail gas prices may rise 4.5% next year, as the government seeks to find a compromise with energy firms, French Industry Minister Eric Besson said on Sunday.

12 December 2011
Companies & Finance

E.On engages Goldman Sachs for reported network divestment

United States-based investment bank Goldman Sachs has been engaged by Germany's E.On to advise on a reported divestment of its Open Gas Europe distribution network, worth up to €2.5 billion ($3.35 b

12 December 2011
Companies & Finance

Lietuvos dujos, Gasum to establish gas exchange

Lithuanian and Finnish gas traders Lietuvos Dujos and Gasum Oy intend to set up a joint venture that will operate a gas exchange in Lithuania and organise exchange trading in gas

12 December 2011
Companies & Finance

Eni gets EC approval to acquire Belgian assets

Italian major Eni has received approval from the European Commission to acquire Belgian gas supplier Nuon Belgium and other Belgian assets from Dutch energy group Nuon.

9 December 2011
Policy & Regulation

Experts warn of Brussels over-regulation

The EU electricity market is overregulated and has a legal framework that is frequently changing, Michel Cruciani from the Center for Geopolitics and Natural Resources at the Paris Dauphine University

9 December 2011
EU Energy Policy

The EC has limited power over intergovernmental agreements

By the first half of next year, the European Commission aims to have put into force new rules that increase transparency on energy-related, intergovernmental agreements (IGAs) between member states an

9 December 2011
EU Energy Policy

Regulators team up with market against VAT fraud

European regulators, trading firms, exchanges and brokers in the energy sector have committed to make full use of the EU’s Regulation on Energy Market Integrity and Transparency (REMIT) to clamp dow

8 December 2011
EU Energy Policy

Commission concerned about phase-shifting plans in Central Europe

The European Commission will soon take an official line on plans by Poland and the Czech Republic to install so-called phase-shifting transformers (PSTs) on their power grids in order to block volatil

8 December 2011
Policy & Regulation

Disparity between hub and oil-indexed pricing ‘unsustainable’

Fair pricing for gas, as with any other commodity, is best achieved through market forces rather than oil-linked contracts, Daniel Laure, senior vice-president for strategy, markets and IT at French m

8 December 2011
LNG

Feasibility study RFP out for Black Sea LNG project

The Azerbaijan-Georgia-Romania-Interconnector LNG Project Co. (AGRI LNG) has issued a request for proposals (RFP) to companies interested in conducting a feasibility study for the financing and techni

8 December 2011
EU Energy Policy

Energy sector ups pressure for MiFID exemption

The European Commission’s proposal for stricter regulation to combat speculative trading in derivatives markets stirred a heated debate in a parliamentary committee meeting this week

7 December 2011
Exploration & Production

Total increases stake in UK Elgin-Franklin fields

French oil major Total has acquired GDF Suez’ share in the Elgin Franklin fields in the UK North Sea, taking its participation in the fields from 35.8% to 46.2%.

7 December 2011
Policy & Regulation

French PM enters gas price debate

The French government will try to keep an increase in regulated gas prices below 5% in the new year, Prime Minister Francois Fillon has said in an interview on French television.

7 December 2011
Companies & Finance

OMV plans sell-off in Eastern Europe

Austrian energy company OMV is planning a selloff of its subsidiaries in Croatia and Bosnia-Herzegovina as it reorientates its business strategy towards upstream activities.

7 December 2011
EU Energy Policy

South Stream will not escape EU law

Gazprom’s South Stream project is not expected to be exempt from the provisions under the European Commission’s Third Energy Package as was the case with the Nord Stream and Opal pipelines.

6 December 2011
LNG

Estonian LNG site deal reached as report calls for regional link

Tallinna Sadam, the operator of Estonia's biggest port at Tallinn, has agreed a deal with state transmission system operator Elering for the development of a national LNG terminal at a site at Muuga j

6 December 2011
Companies & Finance

S&P downgrades Edison blaming tough market conditions

Ratings agency Standard & Poor’s (S&P) has downgraded Italian utility Edison citing tough market conditions for its gas business, adding a further European utility to the list of recent downgrades

6 December 2011

Viewing 5,401-5,420 of 5,807 articles