Industry Developments

As part of a long and politically charged investigation into European gas and electricity markets, officials from the EU have raided the offices of leading utilities in Germany, France,... 2006-05-18

Spanish utility Gas Natural is said to be increasingly frustrated by legal obstacles barring its way to a successful acquisition of electricity supplier Endesa. The suspension could... 2006-05-10

Tuesday saw Spanish downstream gas group Gas Natural report first quarter underlying profits up 29.3% to EUR507.9mn, beating market forecasts thanks to strong growth at home and in... 2006-05-10

As part of an ongoing rationalisation of its upstream oil and gas portfolio, UK-based oil major BP is planning to sell all of its Dutch gas fields and its Dutch gas infrastructure... 2006-05-10

Snam Rete Gas, the partly owned distribution arm of Italian energy firm Eni, has reported Q106 figures broadly in line with analyst's expectations, seeing net income fall even though... 2006-05-09

Buoyed by high energy prices and average production growth, Norway's state-controlled hydrocarbons group Statoil is building up a solid reserves and production platform ready for... 2006-05-08

Analysts have responded positively to Total's Q106 results, pushing the firm's share price higher by 1.7% at the close of play on Thursday. Adjusted net income of US$4.06bn was higher... 2006-05-05

Faced with massive challenges in terms of rebuilding its depleted reserves, securing some volume growth options and implementing a new strategy, Royal Dutch Shell continues to confound... 2006-05-04

UK-based BG Group this morning trumped its integrated oil peers with a more than doubling of first quarter profits, reflecting not only the higher commodity prices, but an impressive... 2006-05-03

While European governments and executives from Russian gas monopoly Gazprom engaged in talks concerning future energy policy, Norway's Oil Minister Odd Roger Enoksen announced his... 2006-04-28