German exports will shrink next year for the first time since the global financial crisis over a decade ago, the DIHK Chambers of Industry and Commerce said on Wednesday, as Continue Reading
Water levels along the Rhine river, a key waterway for transporting commodities and other products from coastal areas to inland locations in France, Germany and Switzerland, fell to their lowest Continue Reading
Volkswagen is entering the growing car sharing sector with the launch of WeShare in Berlin today. With 1,500 e-Golf vehicles, the Volkswagen brand is bringing onto the roads a 100% Continue Reading
Two major public transport orders this week from regional transport authorities in Germany showed how they are going beyond federal targets to decarbonize bus and train fleets. City state Berlin Continue Reading
Germany’s economy ministry on Monday said there are no considerations for the time being to release oil from strategic reserves as a problem with contamination continued to halt shipments on Continue Reading
Europe’s largest economy is going through a monumental change due to the energy transition or ‘Energiewende’ as it’s called in Germany. Over the years significant amounts of private sector money Continue Reading
The 71-year-old resigned soon after the scandal erupted in September 2015 The former chief executive of the carmaker Volkswagen has been charged in Germany over his involvement in the company’s Continue Reading
SPREMBERG, Germany (Reuters) – A German far-right party is using a simple message to attract voters in a mining region threatened by government plans to phase out coal: jobs are Continue Reading
It’s not often that corporate executives make confessions that could jeopardize both its corporate standing and perhaps even their jobs. Yet, last week a top Volkswagen group executive said that Continue Reading
German President Frank-Walter Steinmeier received on Wednesday the symbolic ‘last piece of black coal,’ marking the end of Germany’s two centuries of hard black coal production, while the country struggles Continue Reading
German power companies on Monday warned of a potential gap between conventional electricity capacity and demand by 2023, urging policymakers to help investors by rewarding new capacity and speeding power Continue Reading
German utility Uniper has started producing methane gas derived from wind power and feeding it into gas pipeline networks at its Falkenhagen site as the country seeks wider uses for Continue Reading
Volkswagen AG plans to cut as many as 7,000 administrative positions over the next five years amid an industrywide scramble to slash costs and make room on the balance sheet Continue Reading
The Volkswagen Group is now planning to launch almost 70 new electric models in the next ten years instead of the 50 previously planned. As a result, the projected number Continue Reading
The German-Russian pipeline project had been a bone of contention between Berlin and Washington, which fears it will make Europe’s largest economy excessively reliant on Russian energy. When the German Continue Reading
Wind, solar forecast to top 5 TWh for first time Monday set 2019 high with peaks above 50 GW Forecast shows week 10 to average over 30 GW London — Continue Reading
Germany will be looking to regulate the controversial Russia-led Nord Stream 2 natural gas pipeline project using its national sovereignty, a senior German energy official said on Monday in comments Continue Reading
The city of Munich in southern Germany plans have all its electricity produced from 100 percent renewable sources by 2025, but that plan has led to opposition much farther north—in Continue Reading
Germany will likely build two terminals to import liquefied natural gas (LNG), Economy Minister Peter Altmaier said on Tuesday, in a move to appease the U.S. while Berlin also supports Continue Reading
Germany will not become dependent on Russia for gas due to Russia’s Nord Stream 2 pipeline, Chancellor Angela Merkel said on Thursday, stressing that it was crucial to ensure Ukraine Continue Reading
If Volkswagen realizes its ambition of becoming the global leader in electric cars, it will be thanks to a radical and risky bet born out of the biggest calamity in Continue Reading
This weekend, Germany became the latest large European economy to lay out a plan to phase out coal-fired power generation, aimed at cutting carbon emissions—a metric in which Berlin has Continue Reading
Exxon has inked a preliminary agreement with Germany Uniper for future LNG supplies to a new import terminal in Wilhelmshaven, Reuters reports , citing the German company. The Wilhelmshaven project Continue Reading
Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least 40 billion euros ($45.7 billion) in Continue Reading
Germany is set to phase out all its coal-fired power stations by 2038, under a plan agreed by a government-appointed commission early on Saturday. The keenly-awaited deal calls for massive Continue Reading
The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they could face sanctions if they stick with the project. U.S. President Donald Continue Reading
Germany has mined and burnt lignite for hundreds of years and has the physical scars to show for it. From the Rhineland in the west to the Lausitz in the Continue Reading
U.S. sanctions against the Russian-backed Nord Stream 2 pipeline would be the wrong way to solve a dispute over energy supply, German Foreign Minister Heiko Maas said on Thursday. U.S. Continue Reading
The Nord Stream 2 pipeline is running into some trouble amid withering opposition from the Trump administration. Support for the Nord Stream 2 pipeline in Germany is slipping, according to Continue Reading
German industrial production was much worse than expected in November, underscoring the headwinds the euro zone’s powerhouse economy faced at the end of 2018. The wide-ranging economic measure was down Continue Reading
Porsche has commissioned a fully electric MAN eTGM ( earlier post ) for logistics operations at its Stuttgart-Zuffenhausen site. The truck is the first vehicle of this kind that has Continue Reading
Jürgen Resch is upending the German car industry— one court case at a time. The white-haired veteran of the country’s environmental movement is behind a sweeping legal campaign to uphold Continue Reading
The seizure by Russian forces of three Ukrainian vessels and their crews in the Kerch Strait at the entrance to the Sea of Azov has turned a harsh spotlight on Continue Reading
Germany will not withdraw its political support for the Nord Stream 2 gas pipeline with Russia, its foreign minister said on Monday, as some lawmakers suggested curtailing the project to Continue Reading
Volkswagen has been testing the newly developed R33 BlueDiesel fuel blend at its in-house filling station in Wolfsburg since January 2018. The fuel, jointly developed by Volkswagen, the Coburg University Continue Reading
Germany’s oil industry has no plans to demand the release of more oil products from national reserves to help areas affected by tight supply, an industry body said on Tuesday. Continue Reading
Germany has postponed until February a decision on how fast Europe’s largest economy should phase out brown-coal-fired power plants and whether the government should compensate utilities as well as regions Continue Reading
France or Germany will host the corporation that would handle the payments channel , the diplomats said. If France hosts it, a German official will head the corporation and vice Continue Reading
After months of low water on Germany’s rivers, levels on the main transport artery the Rhine have fallen again to near-record lows seen mid-October causing more utilities to warn about Continue Reading
Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery drive battery-driven Executive Herbert Diess said on Friday. Continue Reading
That marks the first decline in Germany’s quarterly GDP since the first three months of 2015, when it fell by an annualized rate of 0.5%, and is well below the Continue Reading
Just after sunrise, Capt. Frank Sep turned to his ship’s radio for the defining news of his day: the water level in Kaub, the shallowest part of the middle section Continue Reading
Chancellor Angela Merkel said on Friday that Germany would speed up its plans to build a liquefied natural gas (LNG) terminal as Europe’s largest economy seeks to diversify its energy Continue Reading
Vattenfall is considering converting its German coal-fired power stations to use fuels including gas or biomass as utility companies in the country brace for a government deadline for phasing out Continue Reading
London — Amid very low water levels on the River Rhine, traders are finding alternative routes to supply gasoil to inland demand centers in Germany, Austria and Switzerland via railcar Continue Reading
Despite the almost unprecedented divisive nature of Donald J. Trump’s presidency, he is chalking up some impressive foreign policy victories, including finally bringing Beijing to task over its decades long Continue Reading
German chemical producer OXEA said mounting logistical difficulties along the Rhine might force it to trim production rates in order to manage stocks in the coming weeks. Receive daily email Continue Reading
German industrial conglomerate Thyssenkrupp has declared force majeure as the Rhine’s extremely low water levels are disrupting the delivery of raw materials to its Duisburg plant, the company said on Continue Reading
The United States and the European Union (EU) are at odds over more than just the Iran nuclear deal – tensions surrounding energy policy have also become a flashpoint for Continue Reading
The local coal company has paid most of the residents of Pödelwitz, a village that is hundreds of years old, to relocate. Unless, that is, Pödelwitz’s 27 remaining residents have Continue Reading
