Industry Developments

The UK's gas and electricity transmission operator National Grid has announced a force majeure on its Milford Haven gas pipeline.

Russia's Industry and Energy Minister Viktor Khristenko has stated that there is little prospect of a 'Gas OPEC' within the next 10-15 years ahead of the start of the Gas Exporting... 2007-04-10

UK-Dutch major Royal Dutch Shell has just released its reserves data for 2006. In line with industry trends, Shell has experienced difficulty in increasing its oil reserves, with... 2007-04-04

German power and gas company E.ON has agreed to withdraw its bid for control of Spanish utility Endesa , clearing the way for Italy's Enel and Spain's Acciona to proceed with... 2007-04-03

Four months after the discovery of the Jura gas and condensate field, France's Total has announced that it will start development of the field.

German utility E.ON announced on March 26 that it has raised its offer price for Spanish utility Endesa to EUR40.00 per share.

The UK Offshore Operators Association (UKA) has criticised Chancellor Gordon Brown for failing to extend a two percentage point cut in corporation tax to the domestic oil sector.... 2007-03-23

Germany gas supplier E.ON Ruhrgas has signed a preliminary deal with Iran for the purchase of liquefied natural gas (LNG). The agreement will require the authorisation of the German... 2007-03-15

The boards of Statoil and Norsk Hydro have signed the final plan for the demerger of Hydro's oil division.

Gaz de France (GdF) has released its 2006 results, posting revenues of EUR27.6bn, up 21% year-on-year (y-o-y), and net income of EUR2.3bn, which represents 29% y-o-y growth and... 2007-03-13