Sep. 26, 2014News & Opinions
To diversify its supply of energy to the German market, BASF's oil and gas subsidiary Wintershall recently agreed to purchase assets worth $1.25 billion from Norway's Statoil.
Jul. 07, 2014News & Opinions
Europe could eventually get a tenth of its power needs from shale gas if it can overcome reservations such as those voiced in recommendations from two German cabinet ministers, a German newspaper quotes EU energy commissioner Günther ...
Jun. 10, 2014News & Opinions
Germany plans to draw up new regulations for hydraulic fracturing, or fracking, before the parliamentary summer recess in August.
Apr. 15, 2014News & Opinions
European utility companies are filling up gas storage sites to prepare for a potential Russian supply cut to Ukraine, the news agency Reuters reports. Russia says it is now owed more than $2 billion and may have to demand advance payment ...
Apr. 10, 2014News & Opinions
Norway's Statoil, looking to become a global energy company, has been disappointed so far in its hunt for shale opportunities to match the quality of its U.S. assets, a senior executive said.
Mar. 31, 2014News & Opinions
BASF oil and gas subsidiary Wintershall plans to drill up to five test wells in the German state of North Rhine-Westphalia, with an eye to carrying out hydraulic fracturing, or fracking.
Mar. 24, 2014News & Opinions
Germany's Green Party has joined the conservative Christian Democrat parties in calling on the federal government to critically examine plans by utility group RWE to sell its oil and gas arm RWE-DEA to a group of Russian investors led by ...
Mar. 17, 2014News & Opinions
LetterOne, a consortium of Russian investors based in Luxembourg, has received the nod to acquire oil and gas exploration company RWE DEA from German energy group RWE, subject to regulatory approval. The investors led by Russian ...
Mar. 11, 2014News & Opinions
Bidders have begun submitting binding offers for DEA, the oil and gas production unit of German energy group RWE, and a deal could be struck as early as this month, people familiar with the matter have told the news agency Reuters.
Dec. 29, 2013News & Opinions
Shortly before Christmas, BASF and Gazprom finalized a previously announced asset swap that will give the German chemical giant a bigger share of Russian gas exploration rights in exchange for its trading activities in Germany, ...
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