Hungary: Veolia buys a gas plant from Uniper
Veolia has agreed to purchase a gas-powered power plant in Hungary (Gönyű locality), from the German energy group Uniper, the…
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OMV, an investor in the Nord Stream 2 project, convened the crisis team on Monday
OMV held a meeting of the crisis team on Monday, a spokesman for the Austrian energy group announced, Reuters reports,…
Gas crisis is causing German utility companies to raise funds
European utility companies are rushing to raise billions of euros, a proof to the financial stress caused by record prices…
Investors urge Finnish utility to drop support for new German coal plant
Eight European financial institutions have criticised the Finnish state-owned utility Fortum for endorsing the opening of the German coal-fired Datteln…
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
Activists occupy German coal plant site Datteln 4 in green protest
More than 100 environmentalist activists occupied the site of the yet-to-be commissioned Datteln 4 coal fired power plant in western…
Germany allows new coal plant to enter service despite phase-out
German utility Uniper has been given the green light to start commercial operations at its new 1.5-billion-euro Datteln 4 coal-fired…
OMV chief criticises US pressure over Russian gas pipeline
The head of OMV has accused the US of trying to “dictate” energy policy to its allies, calling on the…
Gazprom shares fell after EU parliament seeked to block pipeline
Shares in Russian gas producer Gazprom fell on Thursday morning after the European Parliament voted to condemn its under-construction Nord…
Chemical industry in bid to harness Germany’s green power overload
Evonik (EVKn.DE) has become the latest German chemical maker seeking to convert excess renewable power into chemical building blocks that…
Russian gas return to Ukraine to cost EU traders $1 billion
Companies from Eni SpA to Uniper SE will see combined gas shipments to the east European nation fall by about…
E.ON to sell remaining Uniper stake to Fortum for $4.5 billion
German energy group E.ON said on Monday it would tender its remaining 46.65 percent stake in Uniper to Finland’s Fortum,…
Gazprom adds new gas reserves, auctions
Russia’s gas giant Gazprom expects to add major new domestic gas reserves this year, and may hold more auctions to…
Mehren, Wintershall: Poland has failed to stop Nord Stream 2
Poland has failed in its attempts to stand in the way of the Nord Stream 2 gas pipeline project, the…
FT: Gazprom close to revealing financing for $11bn Nord Stream 2 pipeline
Gazprom will reveal a financing package for the $11bn gas pipeline to Germany by the end of this month as…