The European Union is considering formally banning Russian crude flows via the Druzhba pipeline to Germany and Poland, which have already stopped importing Russia’s crude, Bloomberg reported on Friday, citing documents it has seen. The Druzhba pipeline is a key artery of oil supply from Russia to Europe. It has …
Read More »Key German Utility Warns Energy Crisis not over yet
German utility EON SE warned that Europe may not have seen the end of turmoil in its energy markets and the situation could still take a turn for the worse. “The crisis is not over yet,” the energy company’s Chief Financial Officer Marc Spieker said Wednesday alongside an earnings report. …
Read More »Poland Rhreatens to Cut Oil Supplies to Germany if Russia Remains Shareholder in Germany’s Schwedt Refinery
Despite having access to the Naftoport-Polish oil port in Gdańsk, the German side has not yet completely removed Russia’s stake from Germany’s Schwedt Refinery. On May 3, Germany’s “Task Force PCK,” which is dealing with the situation of the Schwedt Refinery (PCK), met for the fourth time. Task Force PCK …
Read More »Sasol Opens $39 Million R&D Lab in Germany
Sasol has opened a 7,000 m2 R&D and analytics laboratory in Brunsbüttel, Germany. The $39 million building can accommodate up to 140 employees. It features 33 offices and has the capacity to analyze up to 200,000 samples per year. A section of the lab has been certified according to good …
Read More »Germany Doubles down on LNG Fearing another Gas Pipeline Attack
Germany looks to install one or two floating LNG import terminals at its largest island, Rügen in the Baltic Sea, as officials do not rule out further attacks on energy and gas pipeline infrastructure, sources with knowledge of the plans told Bloomberg on Thursday. Germany cannot rule out another attack …
Read More »Germany’s Energy Transition Fund is $13 Billion Short
Germany’s fund for climate action and energy security is some $13.2 billion (12 billion euros) short on resources from funds to be allocated by 2026, sources with knowledge of the matter told Bloomberg on Tuesday. Last year, the federal government of Germany moved to create a $195.5 billion (177.5 billion …
Read More »Germany Closes Its Last Three Nuclear Power Plants
This weekend sees the end of an era as Germany’s long journey away from generating power from nuclear takes place with the closure of its last three operating reactors, World Nuclear News reported on Friday. The last three operating nuclear power reactors in Germany are being permanently shut down on …
Read More »Germany to Shut down Last Remaining Nuclear Power Plants
Betting that it can fulfil its green ambitions without atomic power despite the energy crisis caused by the Ukraine war, Germany is set to shut down its three remaining nuclear plants on Saturday. The cloud of white steam that has risen since 1989 over the river in Neckarwestheim, near Stuttgart, …
Read More »German Gas Reserves for next Winter already Well Stocked
President of the Federal Network Agency Klaus Müller has announced that Germany’s gas reserves are already well on their way to being full for next winter. Nevertheless, Müller explains that Germany should maintain caution when it comes to using supplies. German gas reserves filling up for winter “We are now …
Read More »Kazakhstan Shares Volume of Planned Oil Export to Germany for April 2023
Kazakhstan plans to export 100,000 tons of oil to Germany in April, Trend reports via Anadolu. According to KazTransOil JSC, the national operator of Kazakhstan on the main oil pipeline, next month it’s planned to increase oil supplies to Germany. In accordance with the oil supply program approved by the …
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