Uniper, a German gas importer, signs a 15-year deal with Equinor in Norway
Germany's Uniper signed a contract to import more than 30 terawatt-hours of gas per year from Equinor starting in 2027. After the full-scale invasion of Ukraine, Moscow cut all energy ties to the continent.
Siemens Energy exceeds Q3 predictions on AI data centres boom and Middle East demand
Siemens Energy said that its sales, margins, and 'orders' hit records in the third quarter. This was boosted by the expansion of AI data centers in the United States, and the power plants in Middle East…
Siemens Energy: The Iran war is driving demand for gas turbines and AI to further increase.
Siemens Energy executives stated on Thursday that the Iran war has 'become an additional driver for?demand of gas turbines. Siemens Energy, along with its rivals GE Vernova, Mitsubishi Heavy Industries and others…
The German Economy Minister's China visit will include CEOs from BASF and Thyssenkrupp
The firms have confirmed that top executives from BASF, Thyssenkrupp, and Siemens Energy are going to join German Economy Minister Katherina Riehe on her first visit to China next week.
European buyers discuss shipping Canadian LNG through the Panama Canal as a diversification of supply
Two sources with knowledge of the situation said that European 'buyers', including Germany's Uniper are looking into the possibility of buying liquefied gas from Canada on the Pacific coast…
European buyers discuss shipping Canadian LNG through the Panama Canal as a diversification of supply
Two sources said that European buyers, such as Germany's Uniper are exploring the possibility of buying liquefied gas from Canada on the Pacific coast, and shipping it via the Panama Canal…
Uniper CEO: We are protected from the latest Middle East energy crisis
Michael Lewis, CEO of the German utility, told analysts that Uniper does not purchase liquefied gas from the Middle East, where the 'U.S. and Israeli attacks against Iran' have caused price spikes in oil and gas.
Sources: Uniper talks LNG with Canada to reduce US dependence
Three 'people who are familiar with the matter' said that Uniper, a state-owned German energy company, is in 'talks' with Canada about expanding liquefied gas purchases. This is…
As global pressure increases, German Chancellor Merz travels to China in search of opportunities
The German Chancellor Friedrich Merz is visiting China this week. He's the latest European leader to seek a reset of relations with Beijing following a year which exposed the fragility…
As global pressure increases, German Chancellor Merz travels to China in search of opportunities
The German Chancellor Friedrich Merz is visiting China this week. He is the latest European leader to seek a reset of relations with Beijing following a year which exposed the 'crumbling'…
Top Siemens Energy investors: Wind unit spin-off premature for now
Three of the largest Siemens Energy shareholders said that the company should fix its 'loss-making... wind turbine division, before considering a spin-off. They were responding…
EEX invites comments on the extension of trading hours for benchmark gas contracts
The CEO of Deutsche Boerse's EEX (Europe's largest electricity and gas 'exchange) said that the company is currently in discussions with market participants about whether to extend…
RWE looks to buy LNG from ADNOC in Germany as it moves to diversify its supply
RWE signed a preliminary agreement with Abu Dhabi National Oil Company on Friday. The German utility stated that it could purchase LNG for European markets as Berlin strives to diversify their energy partners.
Germany's gas production in numbers
Katherina Reiche, Germany's Economy minister is in Saudi Arabia seeking closer ties with the country on energy. Berlin is looking to diversify this sector as its dependence on U.S. Liquefied Natural Gas grows.
Chairman of Siemens Energy says that the CEO will attend Trump's meeting with business leaders.
Joe Kaeser, Chairman of the Supervisory Board at Siemens Energy, said that Christian Bruch, CEO, will be attending a meeting with U.S. president Donald?Trump? scheduled for later in Davos on Wednesday.
Germany will tender 12 gigawatts in new power plant capacity by 2026
On Thursday, Germany announced that it had reached an agreement with the European Commission regarding a plan to build power plants. It added that it would be tendering 12 gigawatts…
EnBW cancels two UK offshore wind farms, incurring $1.4 billion in impairment
EnBW, the German utility, announced on Thursday that it would take a 1.2 billion euro ($1.4 billion) impairment charge for scrapping two British wind projects. This was a direct result of losing a UK offshore tender.
Uniper signss long-term agreement with India's AM Green for green ammonia
Uniper, a German state-owned utility, announced on Monday that it had signed a long-term binding agreement with India's AM Green for the purchase of up to 500,000 tonnes of green ammonia each year.
Salzgitter sues Thyssenkrupp for HKM joint venture
A spokesperson for the company announced on Thursday that Salzgitter had filed an arbitration case against Thyssenkrupp in order to determine their future financial obligations regarding their steel joint venture HKM.
Enkraft, an activist fund, urges ABO Energy in a letter to develop a fair M&A procedure.
Enkraft, an activist fund, has written to ABO Energy in Germany to ask them to make sure that all shareholders benefit from the sales process initiated by renewable energy firm.