The EU Commission launched a probe earlier this month into exports by Gazprom, because of suspicions that the company was hindering the free flow of gas across the EU and imposing unfair prices by linking the cost of gas to oil prices. Moscow has said Gazprom, which has a legal monopoly on gas exports from Russia, will fight the case but will not cut supplies in retaliation. Gazprom's oil-linked contracts are a touchy subject for the Russian government and Gazprom, a major contributor to the state budget which earns the bulk of its revenue from export. The EU's investigation ended a period of relative calm on the gas front between Brussels and Moscow, which objects to some of the EU's gas market liberalisation measures.
read more... 25/09/2012
The European Union launched an anti-dumping investigation to find out whether Chinese companies have been exporting solar panels for less than it costs to manufacture them.
read more... 07/09/2012
The energy provider E.ON UK becomes the fifth energy giant to be investigated by the watchdog Ofgem.
read more... 06/04/2012
The energy watchdog, Ofgem has brought in forensic accountants from BDO to investigate if the Big Six energy suppliers have underestimated accurately their profit margins in order to justify higher prices.
read more... 22/08/2011
Norway’s biggest oil and gas producer Statoil has initiated investigation operations at the Visund field in the North Sea following the gas leak that occurred over the weekend.
read more... 12/04/2011