Germany Offered to Build LNG Terminals to Avert US Pipeline Sanctions
Berlin offered to spend 1 billion euros ($1.2 billion) to build two liquid natural gas terminals in a bid to dissuade the United States from imposing sanctions over the Nord Stream 2 pipeline, due to bring gas directly from Russia to Germany…
Putin, Merkel Pledge Support to Nord Stream 2
Russian President Vladimir Putin and his German counterpart Angela Merkel agreed to further support the Nord Stream 2 gas pipeline project in a phone call on Sunday, the Kremlin said.Putin and Merkel also agreed there was a need to boost political and diplomatic efforts to solve the Libyan cris
Russia Says Nord Stream 2 Will Be Ready in Months
Russian Prime Minister Dmitry Medvedev said on Monday that the Nord Stream 2 gas pipeline would be completed in a matter of months and U.S. sanctions imposed on the project last week would not be "catastrophic".Russia's new gas transit deal…
German Conservative Questions Future of Russian Gas Pipeline
A key ally of German Chancellor Angela Merkel on Monday raised questions about the future of the Nord Stream 2 gas pipeline amid growing concern about Russia's seizure of three Ukrainian ships and their crew off the coast of Russian-annexed Crimea.Juergen Hardt…
Germany to Increase Wind and Solar Power Production
Germany intends to increase energy production from wind and solar farms by a further 8 gigawatts (GW) over the next three years as the government tries to compensate for its decision to abandon strict emissions targets.Chancellor Angela…
Merkel: Germany Will Accelerate Plans to Build LNG Terminal
Chancellor Angela Merkel said on Friday that Germany would speed up its plans to build a liquefied natural gas (LNG) terminal as Europe's largest economy seeks to diversify its energy supply.Merkel also said that Ukraine would remain an…
Germany Reaches Deal to Boost Renewable Energy Capacity -SPD
Chancellor Angela Merkel's CDU and its Social Democrat (SPD) partners have agreed to keep their promise to speed up the expansion of renewable power installations, ending months of wrangling, an SPD spokeswoman said on Wednesday.Renewable…
US Aims to Start LNG Deliveries to Germany in Four Years
U.S. companies expect to begin delivering liquefied natural gas (LNG) to Germany in four years at the latest and will challenge Russia which now accounts for 60 percent of German gas imports, the deputy U.S. energy secretary told a German newspaper."U.S.
Merkel, Poroshenko Discuss Gas Transit Through Ukraine
German Chancellor Angela Merkel and Ukrainian President Petro Poroshenko spoke by telephone on Monday about Merkel's visit to Russia last week, efforts to implement the Minsk agreement and gas transit through Ukraine, a spokeswoman said."Both parties agreed to remain in close contact on these i
Ukraine to Offer Gazprom Discounted Transit Fees
Ukraine will offer Gazprom discounted fees for natural gas transit to ensure a flow from Russia to Europe after 2020, European Commission Vice President for Energy Union Maros Sefcovic said on Friday.Russia's Gazprom and five European companies, with German backing, plan to build the North Stre
Putin Says Nordstream 2 Pipeline Has Nothing to do with Politics
Russian President Vladimir Putin said on Friday that the Nordstream 2 pipeline project had nothing to do with politics and that he considered it exclusively a commercial project.Speaking at a joint news conference with German Chancellor Angela Merkel, Putin also said that Russia would still exp
Nord Stream 2 Pipeline Must Balance Interests - German Minister
Germany's aim with respect to the planned new Nord Stream 2 gas pipeline from Russia is to enable private infrastructure projects while protecting the justified interests of Ukraine, Economy Minister Peter Altmaier said. He was speaking…
Russia Ready to Consider Gas Supplies via Ukraine After 2020
Russian Energy Minister Alexander Novak told European Commission Vice President Maros Sefcovic that Russia was ready to consider using Ukraine as a gas transit route after 2020, the energy ministry said on Wednesday. German Chancellor Angela…
Germany: EU Should Present United Response to U.S. Tariffs
Germany's transatlantic coordinator told a group of newspapers that the European Union should take a common line in responding to proposed U.S. steel and aluminum tariffs. After visiting Washington, Juergen Hardt - a member of Chancellor…
Merkel Sees No Threat in New Gas Pipe to Russia, Poland Disagrees
The planned Nord Stream 2 gas pipeline connecting Germany and Russia poses no threat to Europe's energy security, Chancellor Angela Merkel said on Friday, publicly disagreeing with her Polish counterpart. Poland, Ukraine and Baltic states…
Rosneft Elects German Ex-chancellor Schroeder as Chairman
Former German Chancellor Gerhard Schroeder is set to face a fresh backlash at home after he was elected as chairman of Russia's biggest oil producer Rosneft on Friday. Schroeder, a Social Democrat who led Germany from 1998 to 2005, prompted…
France Approves of Siemens/Alstom Tie-up if Jobs Spared
France has nothing against a potential tie-up between German engineering group Siemens and Alstom if the deal does not bring job cuts, the French government's spokesman said on Friday. Earlier on Friday, Le Monde newspaper reported Siemens…
Germany's Long Goodbye to Coal Despite Merkel's Green Push
Coal needed for power supply security for decades. Burning coal for power looks set to remain the backbone of Germany's energy supply for decades yet, an apparent contrast to Chancellor Angela Merkel's ambitions for Europe's biggest economy to be a role model in tackling climate change.
Total CEO Hopes Britain Will Remain in the EU
Total's chief executive Patrick Pouyanne said on Friday he had not given up on the idea of keeping Britain in the European Union. The French oil major, Europe's second-largest, is a major oil producer in the British North Sea. "I still hope that Britain remains in the European Union…
EU Nations Back Plan for Talks with Russia Over Pipeline
Thirteen EU nations voiced support on Monday for a proposal to empower the bloc's executive to negotiate with Russia over objections to a new Russian gas pipeline to Germany, despite opposition from Berlin. At an informal debate among EU energy ministers…