Germany’s biggest pipeline network operator Open Grid Europe (OGE) plans to build a 30km liquefied natural gas (LNG) link from a planned terminal at the North Sea port of Wilhelmshaven Continue Reading
Impacts quarter of Russian coal exports, Eur8 bil/year loss: EC German Cal trades at Eur197/MWh, year-ahead coal hits $230/mt European coal and German forward power prices rose further April 8 Continue Reading
Habeck Says Germany Will Nationalize Gazprom Unit Germany will temporarily take control of a unit of Gazprom PJSC in the country as it seeks to safeguard security of gas supply. Continue Reading
German factory orders fell for the first time in four months in the runup to Russia’s invasion of Ukraine, underscoring concerns over slower growth in Europe’s largest economy. Demand declined Continue Reading
Past a nudist beach and a sleepy marina, a gigantic mesh of metallic pipes rises from the pine forest behind the tiny village of Lubmin on Germany’s Baltic coast. If Continue Reading
Germany will temporarily take control of a unit of Gazprom PJSC in the country as it seeks to safeguard the security of gas supply. Gazprom Germania GmbH — owner of Continue Reading
Gazprom Germania, an energy trading, storage, and transmission business ditched by Russia’s Gazprom on Friday, will be transferred to Germany’s regulator to ensure energy security, Economy Minister Robert Habeck said Continue Reading
The British-based subsidiary of Gazprom said Germany’s move to take control of its parent had removed any concerns about the viability and future of its operations, and it would look Continue Reading
Germany will face a steep recession if there is a stop to imports or delivery of Russian gas and oil, a top German bank lobby warned on Monday. Europe’s largest Continue Reading
Germany said on Sunday that the West would agree to impose more sanctions on Russia in the coming days after Ukraine accused Russian forces of war crimes near Kyiv, ratcheting Continue Reading
