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RAO UES considering additional share offer - report
The Russian power firm RAO UES is considering offering further shares in its subsidiary Mosenergo for purchase in a bid to fund its forthcoming investment program, reports suggest.
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Baltic concerns over pipeline 'baseless' - report
The Russian government has issued a stark rebuttal to fears voiced in the Baltics about the ecological impact of the Gazprom-led North European Gas Pipeline (NEGP) project.
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RBS to buy water utility stake
Leading UK bank Royal Bank of Scotland is to acquire a quarter share of Southern Water having agreed a deal with seller Veolia Environnement, reports have suggested.
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UK think tank urges energy discounts for elderly
The UK-based Institute for Public Policy Research (IPPR) has proposed that the government bulk-buy energy to help fight against fuel poverty.
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Uncertainty shrouds Gas Natural's Endesa bid
The final outcome of the long running battle for Spanish utility Endesa remains unclear as original suitor Gas Natural battles to keep its bid alive in the face of competition from German heavyweight E.ON and judicial hurdles in Spain.
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Gazprom deals to gain control of Armenian assets
Russian state gas incumbent Gazprom has agreed a cut price deal to supply gas to former Soviet state Armenia in return for ownership of energy infrastructure assets there.
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Nuon targets breakthrough in solar energy with technology buy
Dutch energy company Nuon is to acquire Akzo Nobel's innovative solar cell technology. Nuon says its objective in taking over this venture is to achieve a breakthrough in the field of solar energy.
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E.ON proposes solutions for cleaner next generation power production
E.ON UK has demonstrated its strategy for cleaner future energy generation by revealing plans to store emissions from a coal fired plant under the North Sea and renewing its lobbying of the government over nuclear power.
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Gas Natural boss admits current Endesa bid 'inadequate'
The CEO of Gas Natural has essentially finally admitted that his company's long standing bid for compatriot utility Endesa is inadequate by revealing that its offer will be increased.
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Report calls for more government support of offshore wind farms
A new report has called on the UK government to do more to back the development of offshore windfarming, to ensure it can reach its full potential.
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Annual UK house bill tops GBP10,000 for the first time
According to research from Sainsbury's Bank, increases in house prices, energy costs and council taxes has pushed the annual bill for maintaining a home in the UK past the GBP10,000 mark for the first time in history.
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BG Group releases upbeat assessment of business
UK-based upstream oil and gas firm BG Group has published an upbeat trading statement for the first quarter of the year, with liquefied natural gas (LNG) highlighted as a particular growth area.
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CEZ set for hefty dividend payout - report
The Czech news agency CTK reports that the country's flood defenses could be bolstered thanks to a huge cash windfall for the government from energy firm CEZ.
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EU Commission resolves to act against energy liberalization laggards
With 28 letters of formal notice sent to 17 member states, the commission has started firm action to monitor the implementation of the legislation on the internal market in energy and to carry out a detailed examination of whether the basic laws adopted by the member states to transpose the gas and electricity directives are in conformity with this legislation.
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Gazprom and E.ON ink agreement on technological cooperation
Alexander Medvedev, deputy chairman of Gazprom's management committee and Burckhard Bergmann, chairman of the executive board of E.ON Ruhrgas, have inked an agreement on scientific and technological cooperation, staff training and qualification upgrading.
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