Eastern European countries just downstream of the Ukrainian border, Hungary and Austria in particular, have boosted their natural gas stocks considerably — to as high as 97% of capacity — Continue Reading
There is no preliminary agreement on a long-term Russian gas transit deal between Moscow and Kiev, a senior official at Ukraine’s state-owned Naftogaz Ukrayiny said Monday, following reports Friday of Continue Reading
Euro zone business growth remained weak in December, with tepid foreign demand exacerbating a contraction in manufacturing and offsetting a slight pick-up in services activity, although some analysts saw signs Continue Reading
The German economy is more or less stagnating, the economy ministry said on Monday, adding there are initial signs that an industrial recession could be coming to an end as Continue Reading
Germany and Russia have hit back at the US Congress over its decision to impose sanctions on the Nord Stream 2 gas pipeline, in the latest diplomatic escalation over the Continue Reading
The Mercedes-Benz Dusseldorf plant has started production of the Mercedes-Benz eSprinter. ( Earlier post .) Mercedes-Benz has been building its globally successful vans in Dusseldorf since 1962; more than 4.6 Continue Reading
The Russian bear is a decidedly different animal. Even as the oil price outlook has become clearly bearish, Russia knows little fear. It’s defying the oil price hibernation with bullish economic Continue Reading
US Energy Secretary Dan Brouillette took aim at Russia on Thursday, claiming it has “weaponized” its oil and natural gas supply while portraying an increase in US LNG exports as Continue Reading
BYD has secured the largest single order to date for full battery-electric buses in Europe in a deal with Keolis Nederland BV, the Dutch subsidiary of global public transport provider, Continue Reading
European Council President Charles Michel said member states had different starting points European Union leaders meeting in Brussels have agreed to make the currently 28-member bloc carbon neutral by 2050. Continue Reading
