CARACAS, VENEZUELA (Carlos A. Rossi, Energy Analytics Institute, 5.Mar.2025) — A crucial point behind Europe’s motivation to support Ukraine’s president Volodymyr Zelenski is simply to not be left behind and ignored in any oil derivative deal certain to come out of any peace negotiation between the US and Russia. Europe understands […]
Category: Germany
Germany, Alemania
SEFE and Höegh Evi Ink MOU for Clean Hydrogen Supply Chains
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Jan.2025) — Securing Energy for Europe (SEFE) and marine infrastructure provider Höegh Evi inked a Memorandum of Understanding (MOU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe. Together, the two companies will […]
![IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/11/2018-09-07T100212Z_20653507_RC18D091EAF0_RTRMADP_3_SANMARINO-IMF_0.jpg)
IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below the historical (2000–2019) average of 3.7%. Within Latin America and the Caribbean, Brazil is projected to grow 2.2% in both 2025 and 2026, while Mexico, the […]
![EAI 4Q:24 NRG Prospector [FREE PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2025/03/EAI-4Q24-NRGProspector_h.png)
EAI 4Q:24 NRG Prospector [FREE PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” from Argentina, Brazil, Bolivia, Canada, Chile, Colombia, Ecuador, Guyana, Mexico, Suriname, Trinidad and Tobago, the US and Venezuela, as well as Asia, Europe and Africa […]
TotalEnergies to Pay €1.57bn for German Renewable Project Developer VSB
(Energy Analytics Institute, 4.Dec.2024) — TotalEnergies signed an agreement with Partners Group, one of the largest firms in the global private markets industry, to buy VSB Group, a Germany based renewable energy project developer for a consideration of €1.57bn, equity value and shareholder loan. The deal strengthens TotalEnergies Integrated Power […]
EU Backs CCUS Project at Cemex’s Rüdersdorf Cement Plant
(Cemex, 22.Oct.2024) — A consortium comprised of Cemex and Linde, a global industrial gases and engineering company, has been selected to receive €157mn in funding from the EU Innovation Fund for a pioneering CO2 capture project at Cemex’s Rüdersdorf Cement Plant in Germany. The project, Cemex’s largest planned Carbon Capture […]
TotalEnergies Joins RWE in Two Offshore Wind Projects
(TotalEnergies, 7.Oct.2024) — TotalEnergies signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in the North Sea. These two projects, N-9.1 (2 GW) and N-9.2 (2 GW), located 110 km off the German coast, were awarded to RWE in Aug. 2024 and have 25-year […]
Winter is Coming in Europe as Geopolitical Risks Rise: Rystad Energy
(Rystad, 4.Oct.2024) — Here is Rystad Energy’s gas and LNG market update from analyst, Christoph Halser: “Norway concludes its gas maintenance season with some disruptions, while hurricanes add further risks to U.S. supply. This comes at an untimely moment, as cold temperatures across Europe are expected to cause a short-term […]
CRRC to Unveil Rail Transit and Full Life-Cycle System Solutions at InnoTrans 2024
(CRRC, 22.Sep.2024) — Under the theme of On Track for A Low Carbon Future, CRRC Corporation Limited (“CRRC”, SHA: 601766) will display its line-up of passenger and freight transportation offerings, alongside full life-cycle system solutions, at InnoTrans 2024 in Berlin, Germany. Highlighting the event, two innovative, eco-friendly, and intelligent trains will make their […]
TotalEnergies Launches Battery Storage Development in Germany
(TotalEnergies, 25.Jul.2024) — TotalEnergies has taken the final investment decision for a 100 MW /200 MWh battery storage project in Dahlem, North Rhine-Westphalia. This is the first project sanctioned by TotalEnergies from the pipeline of Kyon Energy, Germany’s leading battery storage system developer, which was recently acquired by TotalEnergies in Feb. 2024. […]
IPCEI Approval Paves Way at bp’s Lingen Hydrogen Project
(bp, 15.Jul.2024) – bp has been granted funding, provided jointly by BMWK and Lower-Saxony Government, as part of the European IPCEI Hy2Infra wave for a green hydrogen project in Germany. The funding will help support the development of a 100MW green hydrogen project next to bp’s Lingen Refinery. German Federal Minister […]
TotalEnergies Wins Further Maritime Lease in the North Sea
(TotalEnergies, 21.Jun.2024) — TotalEnergies, as shareholder of Offshore Wind One GmbH, has been awarded the maritime concession N-11.2 by the German Federal Network Agency, following auctions held in Germany. Located in the North Sea, around 120 km north-west of the German island of Heligoland, concession N-11.2 (1.5 GW) covers an area […]
JinkoSolar to Supply Utility Scale Storage to Athens Airport
(JinkoSolar, 21.Jun.2024) — JinkoSolar Holding Co., Ltd. entered into a Heads of Terms with kIEFER to supply its large scale battery storage, SunTera to Athens International Airport (AIA), hence supporting its commitment to achieve Net Zero Carbon Emissions by 2025. When completed, AIA will operate one of the largest self-consumption systems in an airport facility worldwide, and will […]
Higher LNG Prices to Limit Asian Demand, WoodMac Says
(WoodMac, 12.Jun.2024) — European gas storage is forecast to reach 100% by the end of September and remain full until the end of October, with an additional 4 million tonnes per annum (mmtpa) of floating storage also accumulated according to a new report by data and analytics company Wood Mackenzie. […]
Phillips 66 Reports 1Q24 Results, Highlights Strategic Priorities
(Phillips 66, 26.Apr.2024) — Phillips 66 (NYSE: PSX) announced first-quarter earnings of $748mn, compared with earnings of $1.3bn in the fourth quarter. Excluding special items of $74mn, the company had adjusted earnings of $822mn in the first quarter, compared with fourth-quarter adjusted earnings of $1.4bn. “In the first quarter, we […]
![Shell LNG Outlook 2024 [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2024/02/shell-lng-outlook-2024.png)
Shell LNG Outlook 2024 [PDF Downloads]
(Shell plc, 19.Feb.2024) — Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth. Global trade in LNG reached 404 […]
Aquaductus Offshore Pipeline Notified as an IPCEI Project
(GASCADE, 15.Feb.2024) — The AquaDuctus hydrogen pipeline planned by GASCADE Gastransport GmbH in the North Sea has received state aid approval from the European Commission under the IPCEI hydrogen framework: “AquaDuctus will receive the green hydrogen produced in the North Sea and transport it to the German mainland. The offshore […]
EWE and GASCADE Team up to Develop Hydrogen Infrastructure
(GASCADE, 9.Feb.2024) — EWE, an energy service provider and storage operator, has joined the collaborative initiative of gas transport network operators GASCADE, ONTRAS and terranets bw as an associated partner with experience in hydrogen storage. EWE and gas transmission network operator and project initiator GASCADE have now signed a formal […]
Harbour, Wintershall Dea Sign Business Combination Agreement
(Wintershall Dea, 21.Dec.2023) — BASF, LetterOne and Harbour Energy plc (21 Dec. 2023) signed a business combination agreement to transfer Wintershall Dea’s E&P business consisting of its producing and development assets as well as exploration rights in Norway, Argentina, Germany, Mexico, Algeria, Libya (excluding Wintershall AG), Egypt and Denmark (excluding […]
![Harbour and Wintershall Dea Ink $11.2bn Deal [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/01/Wintershall-Dea-writes-off-Nord-Stream-2-financing-over-Russias-attack-on-Ukraine.jpg)
Harbour and Wintershall Dea Ink $11.2bn Deal [PDF Download]
(BASF, 21.Dec.2023) — BASF, LetterOne and Harbour Energy plc (21 Dec. 2023) signed a business combination agreement to transfer Wintershall Dea’s E&P business consisting of its producing and development assets as well as exploration rights in Norway, Argentina, Germany, Mexico, Algeria, Libya (excluding Wintershall AG), Egypt and Denmark (excluding Ravn) as […]
Germany to End EV Subsidy Programme
(Reuters, 16.Dec.2023) — Germany’s electrical vehicle subsidy programme will end prematurely on Monday after paying out some 10bn euros since 2016, the Economics Ministry said, the latest sign of belt-tightening following the adoption of a revised 2024 budget this week. The new budget had to be slimmed down after a ruling by […]
S&P Global Releases its 2024 Energy Outlook
(S&P Global, 14.Dec.2023) — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy and energy transition markets, today released their latest 2024 energy outlook. OVERVIEW After years of turbulence, global markets are still striving to find sustainable […]
Rock Tech Secures Offer for Guben Converter
(Rock Tech, 4.Dec.2023) — Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) has received a binding feedstock supply offer from Castelburg Industrie GmbH. Castelburg, a renowned supplier in the automotive industry commits to supply a minimum of 250,000 dry metric tonnes of spodumene concentrate feedstock for the company’s conversion […]
TotalEnergies Pursues Its Integrated Power Strategy in Germany
(TotalEnergies, 26.Oct.2023) — TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of the German company Quadra Energy. Founded in 2012 and boasting a “virtual power plant” totaling 9 GW, Quadra Energy is one of the top 3 aggregators of renewable electricity production […]
Equinor and OMV Agree to New Long-term Gas Sales Deal
(Equinor, 27.Sep.2023) — Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV. The agreement is for 5 years starting 1 October this year and with an annual volume of 12 TWh. The gas will be delivered at Germany’s virtual trading hub THE (Trading Hub […]
OMV Secures Additional Gas Transport Capacities Until 2028
(OMV, 5.Jul.2023) — OMV secured additional European gas transport capacities to Austria. In this year’s annual auction, OMV was awarded capacities of around 40 TWh p.a. for the period between October 2023 to September 2026, and around 20 TWh p.a. for the period between October 2026 to September 2028. The border […]
INEOS Energy Charters Two LNG Carriers
(INEOS Energy, 27.Jun.2023) — INEOS Energy Trading signed agreements with Mitsui O.S.K. Lines (MOL) for two new build LNG carriers, to be used for the import of LNG into Germany from the United States. Highlights — The agreements mark INEOS’ entry into the LNG carrier market. — Both vessels have […]
Venture Global LNG and SEFE Ink 20yr SPA
(Venture Global LNG, 22.Jun.2023) — Venture Global LNG and SEFE Securing Energy for Europe GmbH (SEFE) announced the execution of a long-term Sales and Purchase Agreement (SPA). Under the agreement, SEFE’s subsidiary, WINGAS GmbH, will purchase 2.25 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG, Venture […]
JinkoSolar Launches G2 Battery into the European Market
(JinkoSolar, 14.Jun.2023) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) officially launched its Second Generation of the High Voltage Energy Storage Battery into the European market. The upgraded product, JKR-B1250~2750-A (high voltage G2 battery) is a high-performance energy storage system designed for residential and small commercial applications. It features a self-developed Jinko HV battery […]
Canadian Solar Launches Residential Energy Storage System EP Cube
(Canadian Solar, 14.Jun.2023) — Canadian Solar unveils its first residential energy storage system EP Cube, a self-designed-and-developed product by Eternalplanet, at Intersolar Europe 2023, marking another milestone in the European market. One of EP Cube’s remarkable advantages lies in its stylish design. The all-in-one design allows EP Cube to apply various […]
COP28 Must Deliver for the Most Vulnerable: Al Jaber
(COP28 UAE, 11.Jun.2023) — COP28 President-Delegate, Dr. Sultan Al Jaber, met with heads of delegations and key negotiating groups including those from the Least Developed Countries (LDC) and Small Island Developing States (SIDS) at the Bonn UN Climate Change Conference, being held in the run up to COP28, emphasizing the need to engage and […]
How the Russia-Ukraine War is Changing Energy Markets
(WoodMac, 23.Feb.2023) — Ukraine’s battle is existential. The country has suffered a year of lost lives, its people forced to live each day in perpetual fear and witness the destruction of homes, communities and infrastructure. Millions have fled the country. Russia’s war has had a huge impact outside Ukraine, too, […]
Wintershall Dea Confirms It Will Leave Russia
(Wintershall Dea, 17.Jan.2023) — The Wintershall Dea Supervisory Board approved a principle decision by the Management Board to exit Russia. As a consequence, Wintershall Dea intends to fully exit Russia in an orderly manner complying with all applicable laws and regulations. Highlights: Wintershall Dea to deconsolidate Russian segment from financial […]
Wintershall Dea to Exit Russia
(Energy Analytics Institute, 17.Jan.2023) — Wintershall Dea will exit Russia. Wintershall Dea’s supervisory board approved a principle decision by the management board. As a consequence, Wintershall Dea intends to fully leave Russia in an orderly manner complying with all applicable laws and regulations, the company announced 17 Jan.uary2023 on LinkedIn. […]
TotalEnergies Delivers FSRU to Lubmin Terminal in Germany
(TotalEnergies, 13.Jan.2023) — TotalEnergies announces the start-up of the Deutsche Ostsee LNG import terminal for liquefied natural gas (LNG). Operated by Deutsche ReGas and located in Lubmin on the German Baltic Sea coast, the site’s official inauguration will take place tomorrow, attended by German Federal Chancellor Olaf Scholz. This project, to which […]
Equinor and RWE to Cooperate on Energy Security and Decarbonization
(Equinor, 5.Jan.2023) — Equinor and RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The partners aim to replace coal fired power plants with hydrogen-ready gas fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that […]
Global LNG Represents 39% of EU Gas Imports in 2022
(Kpler, 5.Jan.2023) — EU gas imports remained stable year on year last year at around 337.4 bn m3, preliminary data from the European Network of Transmission System Operators for Gas (ENTSOG) show. The bloc traditionally imports most of its gas, and it imported at least 70% of it via pipelines […]
First LNG Cargo Reaches Germany’s LNG Terminal in Wilhelmshaven
(Venture Global, 3.Jan.2023) — Today, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, was loaded in Calcasieu Pass, USA, at the liquefaction facility of the LNG […]
Energy Analytics Institute’s NRGBriefs: December 2022
(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on Venezuela resulting in increased US imports of that heavy/sour crude; twin-island country Trinidad and Tobago eying its annual energy conference in Port of Spain; Savannah […]
Sempra Inks SPA with RWE for Port Arthur LNG
(Sempra Infrastructure, 28.Dec.2022) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) with RWE Supply & Trading, a subsidiary of RWE (RWE: AG), for the supply of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural […]
INEOS Inks Deal for 1.4 mtpa LNG from Sempra Infrastructure
(INEOS, 1.Dec.2022) — INEOS signed a 20-year contract with Sempra Infrastructure for the supply of approximately 1.4 million tonnes per annum (mtpa) of Liquified Natural Gas (LNG) from Phase 1 of the Port Arthur LNG facility under development in Texas North America. Highlights: –The agreement includes a 20-year commitment for […]
Who’s to Blame for Exorbitant Natural Gas Prices in Europe?
(Baker Institute, 26.Oct.2022) — Prices of natural gas in Europe have skyrocketed to levels scarcely seen before 2021. European governments, especially those soon up for reelection, are understandably concerned about the future. That future is undermined by the economic hardship being caused by high energy prices. Not surprisingly, there is […]
Wintershall Dea and HES Wilhelmshaven to Develop a CO2 Hub
(Wintershall Dea, 18.Oct.2022) — Wintershall Dea and HES Wilhelmshaven Tank Terminal signed a MoU to jointly develop CO2nnectNow, a CO2 hub at HES Wilhelmshaven Tank Terminal. Highlights: Wintershall Dea and HES Wilhelmshaven Tank Terminal have signed a Memorandum of Understanding (MoU) to jointly develop a CO2 hub: CO2nnectNow Results of a feasibility study are […]
Wintershall Dea Investing in Hydrogen Storage and Transportation Start-up
(Wintershall Dea, 10.Oct.2022) — As part of its efforts to position itself along the hydrogen and CO2 value chains, Wintershall Dea is investing in a promising new technology for storing and transporting hydrogen developed by the Dresden-based start-up AMBARtec AG. In the latter’s recent funding round, Wintershall Dea became the start-up’s […]
Wintershall Dea Reinforces “Aiming for Zero Methane Emissions Initiative”
(Wintershall Dea, 30.Jun.2022) — Rapidly reducing methane emissions is an essential tool for mitigating climate change and achieving global climate goals. “The gas and oil industry, too, must and will make its contribution here. At Wintershall Dea, we have already been very consistently reducing the methane emissions from our production […]
G-7 Leaders Favor LNG Investment in U-Turn Due to Energy Crisis
(Bloomberg, 29.Jun.2022) — Investments in liquefied natural gas — already booming as Europe seeks to cut its energy dependence on Russia — are set to get another boost, even amid longstanding climate concerns. Leaders from the Group of Seven, representing the world’s richest economies, on Tuesday supported temporary public investments […]
wpd to Sell Offshore Wind Business to Global Infrastructure Partners
(GIP, 6.May.2022) — Global Infrastructure Partners (GIP), an independent infrastructure investor, and wpd AG, a project developer and independent renewables power producer (IRPP) for onshore wind, offshore wind and solar, signed definitive agreements for GIP to acquire 100% of wpd offshore GmbH, the offshore wind business of wpd. The transaction […]
Höegh LNG Inks Two FSRU Deals in Germany
(Höegh LNG, 4.May.2022) — Höegh LNG Holdings Ltd. signed binding implementation agreements with the German Federal Ministry for Economic Affairs and Climate Action to charter out two FSRUs from its fleet for operations in Germany for 10 years. The detailed FSRU contracts are scheduled to be completed by September/October, and […]
Dow Takes Minority Stake in Consortium Constructing LNG Import Terminal in Germany
(Dow Inc., 11.Apr.2022) — Dow Inc. (NYSE: DOW) signed a definitive agreement to take a minority stake in the Hanseatic Energy Hub GmbH (HEH) and is working with HEH’s current members to advance Germany’s capabilities to import supplies of liquefied natural gas (LNG), bio-liquefied natural gas and synthetic natural gas through the construction […]
Global Markets Count Cost of Russian Invasion in Ukraine
(WoodMac, 25.Feb.2022) — The impact of Russia’s invasion of Ukraine rattled global markets. There will be lasting implications for commodities, energy policy and the energy transition, experts from global natural resources consultancy, a Verisk business (Nasdaq: VRSK) said. The world’s dependence on Russia for certain commodities cannot be overstated ‒ from gas, […]
NRGBriefs: Nucor Corp. Declares Regular Quarterly Cash Dividend
(Energy Analytics Institute, 22.Feb.2022) — Energy briefs including the BODs of Nucor Corporation (NYSE: NUE) declaring the regular quarterly cash dividend of $0.50/shr on Nucor’s common stock; Select Energy Services reporting revenue of $255mn generated during the 4Q:21, up 25% sequentially from the 3Q:21; B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: […]
JinkoSolar’s Tiger Neo Bifacial Modules Reach Competitive Carbon Footprint Value
(JinkoSolar, 10.Feb.2022) — JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that its Tiger Neo Bifacial BDV 570 (144 cells) and Tiger Neo Bifacial BDV 610 (156 cells) modules, have been officially certified by CERTISOLIS for their very competitively low carbon footprint values (“CFP values”). The CFP value of, respectively, 448 and 450 KG […]
World Bank: Global Growth to Slow Through 2023
(World Bank, 11.Jan.2022) — Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic […]
PROVIRIDIS Buys Battery Storage Technology From ADS-TEC Energy
(ADS-TEC Energy GmbH, 14.Dec.2021) — ADS-TEC Energy GmbH announces that PROVIRIDIS bought its battery storage technology for smart multi-energy filling stations in France. The storage systems in container format supply each two fast charging points with their own PV power, increase grid performance and smooth load peaks. Three locations have been […]
Bristow Reveals Contract Extensions In Norway
(Bristow Group, 12.Jul.2021) — Bristow Group Inc. (NYSE: VTOL) announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support its air transportation crew change services for their operations in the Norwegian continental shelf. Bristow has been an Equinor aviation partner for more than 20 […]
LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output
(Energy Analytics Institute, 29.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Chile and Germany inking a green hydrogen deal, EP PetroEcuador reaching an agreement with the community of El Edén to lift a 45-day blockage, Venezuela’s oil production averaging around 570,000 barrels per day, and more. […]