Europe Energy

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Articles in April, 1995 issue of Europe Energy

• Among the many items on the agenda of the European Economic Area's Joint Committee meeting in Brussels on March 31 was the controversial EU hydrocarbons prospecting Directive, which had long since been resisted
• BP Oil Europe announced on March 27 it had reached agreement with the Poznan district government (the Voyvod) and Korgaz, the Polish state-owned LPG company, on the formation of a joint venture company to
• The European Commission adopted a report on March 22 giving a positive assessment of its initiatives to implement an industrial policy worth of the name.
• The EU's efforts to apply energy-efficiency standards are to be used as the benchmark for introducing rational energy use policies in the Central and East Europ
• French oil group TOTAL unveiled on March 29 a group share in net profits of FF3.385 bn for 1994, in line with the forecast made in January. This represents a 14% increase over 1993's figure of FF2.965 billion,
• The ribbon was snipped on the new European Research Institute on Geo-energies (ERIG) at the end of March, and Bernard Tissot, Deputy Director-General at IFP, th
• What is the point of over-taxing fossil fuels when it would be much easier to reduce taxes in bio-energy
• The average pre-tax prices in Dollars in the EU for the main categories of oil products (lead-free petrol, diesel, heating oil and residual fuel oil) dropped across the board in the week leading up to May 8
• The European Commission claimed on May 10 that it had found an Agreement on nuclear cooperation with the US that "attains the EU's objectives and preserves Euratom's essential interests".
• The Italian diversified tyre group PIRELLI has concluded a partnership agreement with the French water group COMPAGNIE GENERALE DES EAUX to step up its presence in the fields of water management and energy.
• On May 4 the Swedish Government unveiled a draft bill designed to deregulate the national electricity market.
• UK oil production for first quarter 1995 totalled 36.9 million tonnes, 11% up on the same period for 1994, figures published by the UK Department of Industry on May 2 reveal.
• EDF POSTS SATISFYING RESULTS FROM NUCLEAR POWER PLANTS
• EU/MEDITERRANEAN STATES: COOPERATION REPORT FOCUSES ON ENERGY AND ENVIRONMENT
• GERMAN COAL INDUSTRY RESTRUCTURING AID CLEARED
• NUCLEAR SAFETY: EU PRESIDENCY TOLD THAT CHERNOBYL WILL CLOSE BY 2000
• SPANISH ENVIRONMENTAL AID SCHEME TO GET EU BLESSING
• SIEMENS RT, has acquired an 87.2% stake in a transformer-manufacturing plant
• FRAMATOME-SIEMENS WIN NEW CONTRACT FOR BELGIAN POWER PLANT
• AND GREECE
• The Campaign for the Protection of Rural Wales (CPRW) voiced "grave concern" on March 25 about the full implications of plans by the power utility National Powe
• The European Commission adopted proposals on March 29 to recast EU public procurement laws so as to synchronise them with the international Agreement
• The EU's efforts to apply energy-efficiency standards are to be used as the benchmark for introducing rational energy use policies in the Central and East European countries (CEECs). Such policies are vital
• "Green auditing" is likely to be given much more attention at EU level this year.
• The ribbon was snipped on the new European Research Institute on Geo-energies (ERIG) at the end of March, and Bernard Tissot, Deputy Director-General at IFP, the French Petroleum Institute
• A 30% drop in world oil prices would mean the loss of 100,000 jobs in Norway in the space of eight years
• COMMISSION
• EUROPEAN GAS TURBINES, the German subsidiary of GEC-ALSTHOM, the French-UK electrical engineering group, has won contracts worth ECU46 million
• An Italian research project, at the company Ansaldo GIE S.r.I., to develop important innovations for the production process of components
• On the basis of a proposal by Edith Cresson, the European Commissioner for Research, the European Commission has approved a list of 306 European researchers
• A worldwide total of 480 nuclear power stations were either in operation or under construction in 1994, accounting for some 17% of the world's total electricity
• EIB FINANCES SMALL-SCALE ENERGY SAVING VENTURES IN LITHUANIA
• EU/NIS: CAUTIOUS PROGRESS WITH EX-USSR AGREEMENTS
• GREEN PAPER: FIRST REACTIONS FROM MEMEBER STATES ON EU ENERGY POLICY
• NUCLEAR SAFETY: REPORT AND PUBLIC HEARING ON CHERNOBYL N-PLANT
• TURKEY RAISES STAKE IN AZERI OIL RESERVES
• FUJI ELECTRIC, of Japan, and SIEMENS, the diversified German electrical engineering to telecommunications group, have agreed to set up a joint venture to develop and market gas turbines in Japan. FUJI
• The European Commission is vetting the plan whereby the SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO), acquires joint control of two Greek companies, MOTOR OIL CORINTH REFINERIES (MOH) and AVINOIL INDUSTRIAL AND MARITIME OIL COMPANY S.A.
• BP FRANCE, a subsidiary of UK oil group BRITISH PETROLEUM, posted net profits of FF531 million in 1994, in spite of a difficult trading climate which has meant
• Danish state oil and gas concern DANSK OLIE OG NATURGAS is to set up a subsidiary in Lithuania to carry out oil and gas exploration work, the Copenhagen Energy Ministry revealed on March 23.
• The European Commission's official spokesman took the unusual step at the regular press briefing on March 27 of "strongly rejecting" suggestions of a cover-up o
• The French Nuclear Safety Institute, IPSN, the French electricity/nuclear utility, EDF, and the Japanese Power Reactor and Nuclear Fuel Development Corporation
• International insurance companies are encouraging global management of the problem of global warming, and are calling on national governments to take concrete measures to reduce CO2 emissions.
• UK petrochemicals and lubricants company BURMAH CASTROL announced on April 3 pre-tax profits of GBP 243.5 million, a 27% rise against the previous year's GBP 19
• As the New York Conference on the Nuclear Non-Proliferation Treaty came to an end, the prospects seemed good for a conclusion that comes close to what the European Union had been seeking.
• ENERGAS, which controls the Spanish gas network, is studying three new interconnections with Europe as a way to reduce its dependence on natural gas supplies from Algeria.
• In science and technology, nuclear techniques have frequently proved to be the most suitable or sensitive and their application has been invaluable
• A new report by British retail analysts Corporate Intelligence on Retailing emphasises it was not all doom and gloom in the UK electricals sector
• A Spanish industrial technology environmental aid scheme received the European Commission's seal of approval on April 26.
• COMMISSION CLEARS R&D AID TO ITALIAN ENERGY COMPANY
• ENERGY TECHNOLOGY: MEPS SCOLD COUNCIL FOR BLOCKING THERMIE II FUNDING
• FOSSIL FUELS: IEA SEES OIL AS MAIN ENERGY SOURCE FOR NEXT 15 YEARS
• NEW DIRECTOR-GENERAL FOR COMPETITION AT THE COMMISSION
• RITT BJERREGAARD WANTS TO MAKE POLLUTERS PAY
• TOTAL, the French oil and gas group, said it has sold its 70% stake in TOTAL AUSTRIA, its Austrian service station network, to OeMV, the state-owned Austrian oi
• SCANDINAVIAN JOINT VENTURE TO BUILD ETHYLENE CRACKER IN OMAN
• The average pre-tax prices in Dollars in the EU for the main categories of oil products (lead-free petrol, diesel, heating oil and residual fuel oil) all dropped in the week leading up to April 3.
• Charting a course through the complex Energy Charter Treaty with its 14 annexes and numerous interpretations should be easier with the aid of a new booklet by t
• The European Commission has decided that a proposal to modify the Danish Electricity Act does not involve state aid as defined under Article 92(1) of the EU Treaty. The current Danish Electricity Act
• The first Conference of the Parties to the United Nations Framework Convention on Climate Change is being staged in Berlin
• In mid-April, the month-long conference to review the Non-Proliferation Treaty will open in New York.
• The second "World Summit of Mayors on climate change" was held in Berlin between March 27 and 29, on the fringes of the official conference.
• Although Azerbaijan is the third largest oil producer among the former Soviet republics and one of the oldest oil-producing regions in the world
• COMPETITIVENESS
• FIRST GAS HOLDINGS CORP., a joint venture between the UK gas utility BRITISH GAS and the local Filippino energy concern FIRST PHILIPPINE HOLDINGS CORP., is planning to invest one billion Dollars in energy projects.
• KVAERNER ENERGY, part of the Norwegian KVAERNER industrial group which manufactures oil platforms, offshore rigs and runs shipyards, announced on May 3 that it had secured a contract worth NKr 300 million (USD48)
• The Portuguese electricity utility ELECTRICIDADE DE PORTUGAL (EDP) expects to sign a cooperation agreement in mid-May with the Brazilian power company COMPANHIA
• ABB/SIEMENS TO BUILD ELECTRICITY NETWORK IN THE PHILIPPINES
• ELMAR BECKER IS NEW CHAIRMAN OF IEA GOVERNING BOARD
• EUROPEAN DIARY
• JOHN MAJOR CONFIRMS PLANS TO PRIVATISE UK NUCLEAR ELECTRICITY SECTOR
• OIL: BLACK SEA-MEDITERRANEAN PIPELINE PROJECT TO BE SPEEDED UP
• URBAN TRANSPORT: OECD/ECMT RECOMMEND DEARER FUELS TO LIMIT POLLUTION
• FUJI ELECTRIC, of Japan, and SIEMENS, the diversified German electrical engineering to telecommunications group, have agreed to set up a joint venture to develo
• The European Commission is vetting the plan whereby the SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO), acquires joint control of two Greek companies, MOTOR OIL CORIN
• Norwegian shipyards and oil-rigs builder KVAERNER announced on March 27 that it had reached an agreement with sea transport specialist HAVTOR to sell its stake in the maritime gas transport business, involving 28 gas tankers and worth approximately NKr 3.
• ABB IN INDONESIAN JOINT VENTURE
• A bold European Commission plan to promote the competitiveness of Europe's industry was approved on March 22
• Danish state oil and gas concern DANSK OLIE OG NATURGAS is to set up a subsidiary in Lithuania to carry out oil and gas exploration work, the Copenhagen Energy
• The European Commission wants to check under the terms of the 1962 Regulation on joint ventures (N 17/62) a plan for the establishment of a joint venture

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