German utility EnBW (EBKG.DE) is considering spending 1.5 billion euros ($1.7 billion) on a planned expansion of gas-fired power plants in its home country, which the current government has said Continue Reading
A cyber attack on a German oil storage and logistics firm has impacted Shell’s oil supply chain in Germany, where it is rerouting supplies to alternative depots, the supermajor said Continue Reading
Countries are plunging deeper into an energy crisis, but some governments are still shutting down reactors. As the Fukushima disaster unfolded in Japan in 2011, then-German Chancellor Angela Merkel made Continue Reading
German producer prices rose 24.2% year on the year in December, with the record annual jump driven by higher energy prices, official data showed on Thursday. The jump from the Continue Reading
Germany reported 112,323 new coronavirus cases on Wednesday, a fresh single-day record as the health minister said the peak had not been reached and compulsory vaccination should be introduced by Continue Reading
Highlights Average daily storage withdrawals over 1 TWh lower YoY Inventory 26 TWh lower than 2021 levels Tanks less than 47% full Warmer-than-average temperatures and strong pipeline gas imports from Continue Reading
German Chancellor Angela Merkel and other European leaders turn a wheel with Russian President Dmitry Medvedev to symbolically start the flow of gas through the Nord Stream gas pipeline in Continue Reading
The German economy grew 2.7 percent last year but remained well below pre-pandemic levels, after growth slowed sharply in the fourth quarter due to the impact of the coronavirus crisis Continue Reading
Volkswagen drove forward its transformation into a sustainable, software-centric mobility group in 2021 and approximately doubled its deliveries of battery-electric vehicles (BEV) year-on-year to 452,900 units. These now account for Continue Reading
The cost of powering Europe’s largest economy next month is dipping as traders bet warmer weather will reduce demand. German power for February dipped almost 8% in trading Monday to Continue Reading
