Page 11 - Vera Eckert News Today

German oil and gas producer Wintershall Dea on Wednesday tried to assuage fears that the hit from its planned Russian exit would be too painful, saying its remaining operations were strong and stable.

Transatlantic shipping freight rates have come under pressure from slack demand, meaning ship operators must watch costs, the chief executive of Germanys Hapag-Lloyd said on Monday. ...

Gas imports into Germany dropped 17.9% year-on-year in January-August 2023, utility industry association BDEW said on Thursday, pointing to savings resulting from calls to conserve energy after... -Today at 08:49 am- MarketScreener

A German court on Wednesday threw out the rates of return for power and gas network infrastructure operators set in 2021 by the grid regulator, saying companies were right to complain they were...

A German labour union said on Wednesday that a strike on Sept. 1 over workers pay will affect operations at brown coal miner and power generator LEAG for six hours, although emergency staff will... -Today at 11:47 am- MarketScreener

FRANKFURT (Reuters) -A German court on Wednesday threw out the rates of return for power and gas network infrastructure operators set in 2021 by the grid ...

German industry needs temporary help with electricity price support, the head of steelmaker Salzgitter said in North Germany on Tuesday. It is difficult for the industry to take...

Germanys sonnen, which provides storage batteries for rooftop solar systems, has connected 25,000 homes to the grid, amassing 250 megawatt hours of capacity to help power networks manage supply... -Today at 05:23 am- MarketScreener

FRANKFURT (Reuters) -German container shipper Hapag-Lloyd on Thursday posted net profit of 2.9 billion euros ($3.18 billion) for the first half of 2023, down by 67% from a year earlier, but maintained its full year earnings forecast. The net profit compared with 8.7 billion euros in 2022 when shipping, a proxy for global trade, enjoyed a boom as economic growth rebounded following the end of pandemic lockdowns and as logistics disruptions raised freight rates for customers. Cheaper freight has a...

German utility RWE on Thursday said national plans for new hydrogen-ready gas power plants hinge on clarity about conditions the government sets on tendering and infrastructure frameworks.... -Today at 05:18 am- MarketScreener