Dec. 23, 2013News & Opinions
BASF has declined comment on rumors it is preparing to bid for Dea, the German oil and gas exploration subsidiary energy giant RWE has put up for sale. Bids for the business must now be received in Essen, Germany, at the beginning of the ...
Dec. 13, 2013Topics
Competitive Edge - The European chemical industry would like to be exempted from any additional energy costs stemming from state subsidies of renewables. Without being freed from the need to pay surcharges on their electricity bills to pay ...
Mar. 25, 2013News & Opinions
Germany's Wintershall has made what it says could be a major oil discovery in the Danish North Sea, pending appraisal drilling.
Feb. 11, 2013News & Opinions
Germany's environment minister said on Monday he did not want to make it easy for companies to start using controversial gas drilling methods, or fracking, dampening gas explorers' hopes of tapping new energy sources on their doorstep.
Dec. 07, 2012News & Opinions
European energy executives lined up with Russian President Vladimir Putin to witness the first weld on the South Stream pipeline on Friday in a show of support for a project that would enable Russia to retain its dominance of Europe's gas ...
Dec. 04, 2012News & Opinions
Germany's Wintershall has made what could be a major oil discovery in the Dutch North Sea, pending appraisal drilling in 2013, the company said on Tuesday.
Nov. 20, 2012News & Opinions
Norway's Statoil signed a 10-year gas supply deal with Germany's Wintershall, based on spot prices that challenged Russian gas export monopoly Gazprom, which insists on oil-linked prices despite European Union opposition.
Oct. 25, 2012News & Opinions
Libyan oil and demand for pesticides will help Germany's BASF meet its target of higher operating profit this year, offsetting a downturn in its main industrial chemicals and plastics business.
May. 22, 2012News & Opinions
Germany's Wintershall , the oil and gas arm of chemicals group BASF, said on Monday it was unperturbed by the enforced nationalisation of Argentine oil company YPF, having just been awarded another oil and gas licence there.
Feb. 24, 2012News & Opinions
Germany's BASF, the world's largest chemical maker by sales, dismissed analyst forecasts its business would shrink this year, saying sales and earnings would rise, driven by an economic rebound in the second half led by emerging markets.
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