Germany Archives - Energy Analytics Institute (EAI)

US FDI in Mexico reached $16.871bn in the 1H:26, equivalent to 48.2% of total FDI

MEXICO CITY, MEXICO (By Fidencio Casillas, Editores Latin Petroleum, 24.Aug.2026, Words: 615) — Mexico’s Ministry of Economy reported that, at the close of the first half 2026 (1H:26), foreign direct investment (FDI) reached $34.968bn, up 2.1% compared to the amount originally published for the 1H:25 of $34.265bn. This constitutes the […]

Equinor and Uniper ink 15-year gas sales agreement for supplies to Germany

OSLO, NORWAY (By Equinor, 24.Aug.2026, Words: 444) — Equinor and the energy company Uniper signed a 15-year agreement for supplies of natural gas to Germany. Under the agreement, Equinor will deliver more than 30 TWh (ca. 2.8 billion cubic metres) of natural gas per year to Uniper. Supplies under the new […]

Eni and BMW Group ink agreement for Enilive HVO diesel biofuel to power corporate fleets

ROME, ITALY and MUNICH, GERMANY (By Eni, 13.Jul.2026, Words: 673) — Eni and BMW Group announced an agreement to power the BMW vehicles of corporate fleets in Italy with HVOlution (hydrotreated vegetable oil), a diesel biofuel that is produced from 100% renewable feedstocks by Enilive. Enilive is Eni’s company dedicated to […]

Mexico confident USTR tariff proposal will be modified

MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 2.Jun.2026, Words: 299) — On 2 Jun. 2026, the Office of the United States Trade Representative (USTR) released a proposal to impose additional tariffs on several countries as part of its Section 301 investigation into countries importing goods produced with forced labor. The […]

Equinor inks 5-year deal with Eneco to supply gas to Germany

OSLO, NORWAY (By Equinor, 19.May.2026, Words: 406) — Equinor signed a 5-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian continental shelf. The gas volumes will be delivered to Eneco’s wholly owned German subsidiary LichtBlick. The agreement runs until the end of 2030 […]

Chevron awarded 4 exploration block leases offshore Greece

HOUSTON, TEXAS (By Chevron, 16.Feb.2026, Words: 360) — Chevron Corporation, via its four Dutch subsidiaries, together with HELLENiQ ENERGY has signed Lease Agreements with the Hellenic Republic which will enable exploration of four blocks offshore Greece. The blocks are located south of Crete (South Crete 1, South Crete 2) and within […]

Corruption perceptions index 2025: Venezuela (10), Mexico (27), Uruguay (73)

BERLIN, GERMANY (By Transparency International, 10.Feb.2026, Words: 1,102) — Corruption is worsening globally, with even established democracies experiencing rising corruption amid a decline in leadership, according to Transparency International’s 2025 Corruption Perceptions Index (CPI), published today. This annual index shows that the number of countries scoring above 80 has shrunk […]

Vermilion eyes E&D budget of $600mn-$630mn for 2026; $415mn in Monterey and Deep Basin

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 5.Nov.2025, Words: 330) — Vermilion Energy Inc.‘s board of directors approved an E&D capital budget of $600mn to $630mn for 2026. This capital budget prioritizes our global gas assets, with 85% of capital invested in this part of Vermilion’s portfolio. The company expects […]

Pemex’ Olmeca takes 3rd place in mega-project category at event in Berlin

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 22.Sep.2025, Words: 262) — Mexico’s state-owned Petróleos Mexicanos (Pemex) said its Olmeca refinery, located in Paraíso, Tabasco, has been awarded the third place prize offered by the International Award for Excellence in Projects IPMA 2025, in the mega-project category. The award […]

IMF and “tenuous resilience amid persistent uncertainty” [pdf download]

WASHINGTON, DC (By IMF, 28.Jul.2025, Words: 292) — Global growth is projected at 3% for 2025 and 3.1% in 2026, the International Monetary Fund (IMF) said in its Jul. 2025 World Economic Outlook update. The forecast for 2025 is 0.2% point higher than that in the reference forecast of the […]

North Star’s ships achieve Lloyd’s Register’s cyber resilience classification

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 23.Apr.2025) — North Star has become the first organization in the world to have ships achieve Lloyd’s Register’s (LR) cyber resilience classification, in line with mandatory International Association of Classification Societies (IACS) standards implemented for all newbuilds from 1 Jul. 2024. The organization’s […]

ECB president Christine Lagarde eyes medium-term inflation of 2%, highlights uncertainties

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Apr.2025) — European Central Bank (ECB) president Christine Lagarde said inflation is expected to remain within the bank’s 2% range over the medium-term. “Most measures of longer-term inflation expectations continue to stand at around 2%, which supports the sustainable return of inflation to […]

TotalEnergies Destines €160mn to Launch 6 New Battery Storage Projects in Germany

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 26.Mar.2025) — TotalEnergies, on the occasion of Patrick Pouyanné’s participation in the Europe 2025 conference in Berlin, and in connection with the company’s integrated development in Germany’s electricity sector, revealed investment decisions for 6 battery storage projects with 221 MW of new storage […]

Rock Tech Lithium Partners with GEA for Key Equipment in Guben Lithium Converter

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Mar.2025) — Rock Tech Lithium Inc. entered a technology partnership with GEA Group AG, 1 of the world’s largest system suppliers for advanced process technology, to deliver key equipment for its lithium converter in Guben, Germany. As part of the agreement, GEA will […]

COMMENTARY: Time for the US, OPEC, Europe China, Asia and Russia to Negotiate

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 […]

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]

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’s 4Q:24 NRG Prospector condensed version [emagazine 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]

(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]

(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 […]