Germany: Quitting Russian oil by late summer is ‘realistic’
2 years, 8 months ago

Germany: Quitting Russian oil by late summer is ‘realistic’

Associated Press  

BERLIN — Germany says it’s making progress on weaning itself off Russian fossil fuels and expects to be fully independent of Russian crude oil imports by late summer. Economy and Climate Minister Robert Habeck said Sunday that Europe’s largest economy has reduced the share of Russian energy imports to 12% for oil, 8% for coal and 35% for natural gas. Germany has managed to shift to oil and coal imports from other countries in a relatively short time, meaning that “the end of dependence on Russian crude oil imports by late summer is realistic,” Habeck’s ministry said. That’s an ambitious timeline that the ministry acknowledged “requires an enormous commitment from everyone involved.” Germany has resisted calls for an EU boycott on Russian natural gas.

Europe Ukraine Russia Oil Gas Natural Gas Russian Natural Late Summer Imports Germany  quitting  imports  germany  energy  russia  gas  natural  oil  late  ukraine  russian  realistic  ministry  summer

History of this topic

Natural gas: Trump wants to scrap Biden’s ban on some exports. It won’t help America’s top buyer much
3 weeks, 4 days ago

Natural gas: Trump wants to scrap Biden’s ban on some exports. It won’t help America’s top buyer much

CNN  

London/Washington, DC CNN — President-elect Donald Trump is set to overturn a ban on some US exports of liquefied natural gas, or LNG, in a boon for US energy producers. “The market remains vulnerable due to relatively low inventories in Europe, the historical inaccuracy of weather forecasts, uncertainty around gas supplies from Russia and the startup timelines for new LNG …

Germany, once the envy of the world, is now its worst-performing major developed economy. Why?
1 year, 3 months ago

Germany, once the envy of the world, is now its worst-performing major developed economy. Why?

LA Times  

Evonik Industries, a specialty chemicals company based in Essen, Germany, operates this plant in the nearby town of Marl. Germany risks “de-industrialization” as high energy costs and government inaction on other chronic problems threaten to send new factories and high-paying jobs elsewhere, said Christian Kullmann, the CEO of major German chemical company Evonik Industries. “We’re in a situation where we’re …

Germany went from envy of the world to the worst-performing major developed economy. What happened?
1 year, 3 months ago

Germany went from envy of the world to the worst-performing major developed economy. What happened?

Associated Press  

ESSEN, Germany — For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports. Germany risks “deindustrialization” as high energy costs and government inaction on other chronic problems threaten to …

Once a global ideal, Germany's economy struggles with an energy shock that's exposing longtime flaws
1 year, 3 months ago

Once a global ideal, Germany's economy struggles with an energy shock that's exposing longtime flaws

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Germany risks “deindustrialization” as high energy costs and government …

German energy boss warns: Don’t let guard down on gas supply
1 year, 10 months ago

German energy boss warns: Don’t let guard down on gas supply

Associated Press  

BONN, Germany — The temperature outside Klaus Mueller’s office almost resembles spring, exactly the kind of mild weather that helped Germany get through the winter without Russian natural gas. Mueller would only concede that he’s “optimistic” this winter will end without a further gas crunch, especially after Germany cut gas use by 14% in 2022 through lowering thermostats, switching to …

Moscow’s decades-old gas ties with Europe lie in ruins
1 year, 11 months ago

Moscow’s decades-old gas ties with Europe lie in ruins

Live Mint  

Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravages of military conflict. After President Vladimir Putin's "special military operation" in Ukraine began almost a year ago, a combination of Western sanctions and Russia's decision to cut supplies to Europe drastically reduced the country's energy exports. …

Germany sees brighter outlook for Europe’s largest economy
1 year, 11 months ago

Germany sees brighter outlook for Europe’s largest economy

Associated Press  

FRANKFURT, Germany — The German government on Wednesday said it expects to eke out economic growth this year instead of a decline as Europe’s largest economy manages its energy divorce from Russia and shells out support for consumers and businesses hit by higher energy costs. The improved outlook “didn’t fall from heaven — we accomplished it, this country accomplished it.” …

Germany opens its 2nd liquefied natural gas terminal
2 years ago

Germany opens its 2nd liquefied natural gas terminal

Associated Press  

BERLIN — Germany on Saturday inaugurated its second liquefied natural gas terminal, part of a drive by Europe’s biggest economy to put reliance on Russian energy sources firmly behind it. Chancellor Olaf Scholz took part in the ceremony in Lubmin on the Baltic Sea coast, which came less than a month after he inaugurated Germany’s first LNG terminal at Wilhelmshaven …

German regulator: winter gas shortage increasingly unlikely
2 years ago

German regulator: winter gas shortage increasingly unlikely

Associated Press  

BERLIN — Germany’s network regulator said Thursday that a gas shortage is “increasingly unlikely” this winter, but cautioned that it remains important to use the fuel sparingly. The Federal Network Agency said in its daily report that it views the situation as “less tight than at the beginning of the winter.” It had described the situation as “tight” since Russia …

1st tanker carrying LNG from US arrives in Germany
2 years ago

1st tanker carrying LNG from US arrives in Germany

Associated Press  

BERLIN — The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it previously received from Russia. The tanker vessel Maria Energy arrived at the North Sea port of Wilhelmshaven, where its shipment of LNG will be converted back into gas …

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next
2 years ago

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next

Firstpost  

Russia shifted its strategy to attrition, specifically targeting energy infrastructure, after failing to force a quick, decisive victory against Ukraine Not since the 1970s oil crisis has the West seen such a focus on energy security. Vladimir Putin’s regime had been using selective gas supply cuts as a pressure tool against Ukraine since at least the winter of 2005-06, when …

Scholz inaugurates 1st liquefied gas terminal in Germany
2 years ago

Scholz inaugurates 1st liquefied gas terminal in Germany

Associated Press  

BERLIN — Chancellor Olaf Scholz on Saturday inaugurated Germany’s first liquefied natural gas terminal, declaring that the speed with which it was put into service is a signal that Europe’s biggest economy will remain strong. The top three officials in the government — Scholz, Economy Minister Robert Habeck and Finance Minister Christian Lindner — attended the inauguration in the North …

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report
2 years, 1 month ago

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report

Hindustan Times  

The European Union witnessed a 42 percent increase in the imports of Russian Liquefied Natural Gas between January-October, compared to the same period last year, Financial Times reported. The report said that EU has imported 62.1 billion cubic meters of natural gas this year compared to 17.8 billion cubic meters last year. This comes as Lithuanian Foreign Minister Gabrielius Landsbergis …

European Central Bank: Recession ‘has become more likely’
2 years, 1 month ago

European Central Bank: Recession ‘has become more likely’

Associated Press  

FRANKFURT, Germany — The European Central Bank sees an increased likelihood of a recession in the 19 countries that use the euro currency, warning that soaring energy prices and high inflation fed by Russia’s war in Ukraine have raised risks for bank losses and turmoil on financial markets. As the bank released its twice-yearly assessment of eurozone financial stability on …

German leader warns against ‘worldwide renaissance’ for coal
2 years, 2 months ago

German leader warns against ‘worldwide renaissance’ for coal

Associated Press  

BERLIN — German Chancellor Olaf Scholz said Thursday that Russia’s war in Ukraine mustn’t lead to a “worldwide renaissance” for coal — comments that come as Germany itself brings coal-fired power plants back online in an effort to prevent an energy crunch this winter. The government has in recent months approved reactivating several coal- and oil-fired power plants, and environmental …

Germany overrides allies, keeps 3 nuclear power plants running
2 years, 2 months ago

Germany overrides allies, keeps 3 nuclear power plants running

LA Times  

German Chancellor Olaf Scholz ordered ministers Monday to prepare to keep all of the country’s three remaining nuclear plants running until mid-April, putting his foot down on an issue that had threatened to split his three-party government. The environmentalist Greens, led by Economy and Energy Minister Robert Habeck, had argued that only two nuclear plants in southern Germany — Isar …

Amid an energy crisis, Germany turns to the world's dirtiest fossil fuel
2 years, 3 months ago

Amid an energy crisis, Germany turns to the world's dirtiest fossil fuel

NPR  

Amid an energy crisis, Germany turns to the world's dirtiest fossil fuel Enlarge this image toggle caption Rob Schmitz/NPR Rob Schmitz/NPR DORTMUND, Germany — Power Plant Manager Bernard Vendt stands on a platform jutting out from a smokestack, 20 stories above his company's chemical park. The coal's destination lies underneath Vendt in a massive furnace whose heat will spin turbines …

Germany takes control of 3 Russian-owned oil refineries
2 years, 3 months ago

Germany takes control of 3 Russian-owned oil refineries

Associated Press  

BERLIN — Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia takes effect next year, officials said Friday. Two subsidiaries of Russian oil giant Rosneft — Rosneft Deutschland GmbH and RN Refining & Marketing GmbH — will be put under the administration of Germany’s Federal Network Agency, …

German gas importer VNG seeks help from government
2 years, 4 months ago

German gas importer VNG seeks help from government

Associated Press  

BERLIN — German gas importer VNG is seeking help from the government after cuts to Russian gas supplies forced it to buy gas at far higher prices on the market to fulfill its supply contracts. Energy company EnBW, which has a majority stake in VNG, said Friday that its subsidiary was submitting an application for “stabilization measures” to the Economy …

Russia sends more energy to Asia as Europe cuts back
2 years, 4 months ago

Russia sends more energy to Asia as Europe cuts back

Associated Press  

BERLIN — Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine, said a report published Tuesday. The Centre for Research on Energy and Clean Air said Russia received …

Russia halts Nord Stream 1 gas flow to Europe again
2 years, 4 months ago

Russia halts Nord Stream 1 gas flow to Europe again

Al Jazeera  

Russia has denied halting gas flows in retaliation for Western sanctions on Moscow over the invasion of Ukraine. Russia’s state-owned energy giant Gazprom has again suspended gas deliveries on the arterial Nord Stream 1 pipeline to Germany, citing maintenance requirements. Gazprom said on Wednesday that supplies via Nord Stream 1 were “completely stopped” for “preventive work” at a compressor unit. …

Europe braces for Russia gas disruption this week
2 years, 4 months ago

Europe braces for Russia gas disruption this week

Live Mint  

Russia will shut its key Nord Stream natural-gas pipeline Wednesday for maintenance, leaving Europe guessing again about whether supplies will restart, as temperatures fall and demand for the fuel grows. Even if Nord Stream reopens Saturday as promised by Russian gas giant Gazprom PJSC, few Western politicians and economists think Europe will receive enough Russian natural gas next year because …

German gas storage 80% full, progresses despite Russian cuts
2 years, 4 months ago

German gas storage 80% full, progresses despite Russian cuts

Associated Press  

BERLIN — Germany’s natural gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine. The head of Germany’s network regulator, Klaus Mueller, tweeted that storage is “being filled steadily” but cautioned that a planned three-day halt to deliveries through the Nord Stream 1 pipeline from …

Germany’s Scholz in Canada to diversify energy supply
2 years, 4 months ago

Germany’s Scholz in Canada to diversify energy supply

Associated Press  

TORONTO — German leader Olaf Scholz said Monday he’s working as fast as he can to reduce Germany’s dependence on Russia for energy, but Canadian Prime Minister Justin Trudeau said a business case would be needed to send gas from Canada to Europe. “That’s why we are very glad to be able to expand our cooperation in this area on …

Russia’s Gazprom to shut gas pipeline to Europe for 3 days
2 years, 4 months ago

Russia’s Gazprom to shut gas pipeline to Europe for 3 days

Associated Press  

MOSCOW — A key Russian natural gas pipeline will shut down for three days of maintenance at the end of this month, the state-owned energy company Gazprom announced Friday, raising economic pressure on Germany and other European countries that depend on the fuel to power industry, generate electricity and heat homes. In a statement posted online, Gazprom said the planned …

Germany will run out of gas in three months if Putin turns off taps
2 years, 4 months ago

Germany will run out of gas in three months if Putin turns off taps

The Telegraph  

Germany has warned it will run out of gas in less than three months if Putin cuts off supplies completely. Even if Germany can meet its target of filling its inventories to 95pc by November, that would only last for about 2.5 months, the president of the country’s energy regulator said. It came as German utility Uniper crashed to a …

Germans face higher bills as tax aids natural gas importers
2 years, 5 months ago

Germans face higher bills as tax aids natural gas importers

Associated Press  

BERLIN — Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine. The gas tax will raise money to compensate importers of Russian gas whose contracts with city utilities do not permit them …

Germans face higher bills as tax aids natural gas importers
2 years, 5 months ago

Germans face higher bills as tax aids natural gas importers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Germans urged to cap heat in offices this winter to save gas
2 years, 5 months ago

Germans urged to cap heat in offices this winter to save gas

Associated Press  

BERLIN — German businesses and public institutions should heat their offices no higher than 19 degrees Celsius this winter to help reduce the country’s consumption of natural gas, Germany’s economy minister said Saturday. Germany, the European Union’s biggest economy, is quickly trying to wean itself off using natural gas from Russia in response to Moscow’s attack on Ukraine. Russia has …

Russia gas cuts stoke Asia’s energy security fears
2 years, 5 months ago

Russia gas cuts stoke Asia’s energy security fears

Al Jazeera  

Analysts say disruptions to Nord Stream 1 pipeline could accelerate move away from liquified natural gas in the region. On Wednesday, Russia’s state-run energy giant Gazprom cut gas supplies to Europe via Nord Stream 1 to just 20 percent of the pipeline’s capacity. “The direct impact of Nord Stream cuts will be intensified competition for very limited LNG cargoes,” Kaushal …

Russia cuts gas flow to Europe through Nord Stream 1 to 20% of capacity
2 years, 5 months ago

Russia cuts gas flow to Europe through Nord Stream 1 to 20% of capacity

The Hindu  

Russia’s Gazprom on July 27 halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It’s the latest Nord Stream 1 reduction that Russia has blamed on technical problems but Germany calls a political move to sow uncertainty and push up prices amid the war in Ukraine. Natural gas prices have …

Russia cuts gas through Nord Stream 1 to 20% of capacity
2 years, 5 months ago

Russia cuts gas through Nord Stream 1 to 20% of capacity

Associated Press  

BERLIN — Russia’s Gazprom on Wednesday halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It’s the latest Nord Stream 1 reduction that Russia has blamed on technical problems but Germany calls a political move to sow uncertainty and push up prices amid the war in Ukraine. Soaring energy prices …

Russia’s Gazprom to tighten squeeze on gas flow to Europe
2 years, 5 months ago

Russia’s Gazprom to tighten squeeze on gas flow to Europe

Al Jazeera  

The energy giant says flow through the Nord Stream 1 pipeline to Germany will drop to just 20 percent of capacity as of Wednesday. Russian energy giant Gazprom has said it plans to reduce gas supplies through the Nord Stream 1 pipeline to Germany to just 20 percent capacity later this week, as Moscow tightens its squeeze on Europe amid …

German government agrees on bailout for energy supplier
2 years, 5 months ago

German government agrees on bailout for energy supplier

Associated Press  

BERLIN — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday. That is a very, very big chunk, so it’s clear you can imagine that there would have been practically no …

Germany bails out its biggest natural gas importer
2 years, 5 months ago

Germany bails out its biggest natural gas importer

CNN  

London CNN Business — The German government has stepped in to bail out one of its biggest energy companies — the latest casualty of Europe’s natural gas crisis. Gas distributor Uniper will receive up to €15 billion from the government after months of Russian supply cuts and soaring spot market prices have brought it to its knees. Uniper is Germany’s …

Key Russia-Europe gas pipeline reopens but outlook unclear
2 years, 5 months ago

Key Russia-Europe gas pipeline reopens but outlook unclear

The Hindu  

Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance — but the gas flow remained well short of full capacity and the outlook was uncertain, which leaves Europe still facing the prospect of a hard winter. “We must save more to get through the next two winters well.” Russia’s …

Key Russia-Europe gas pipeline reopens but outlook unclear
2 years, 5 months ago

Key Russia-Europe gas pipeline reopens but outlook unclear

Associated Press  

BERLIN — Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance — but the gas flow remained well short of full capacity and the outlook was uncertain, which leaves Europe still facing the prospect of a hard winter. “We must save more to get through the next two winters …

Explained: Can Europe survive if Russia cuts off natural gas supply?
2 years, 5 months ago

Explained: Can Europe survive if Russia cuts off natural gas supply?

Firstpost  

Before the Ukraine war, Russia supplied some 40 per cent of Europe’s natural gas before the war. Russia has already slashed Europe’s flows of natural gas used to power factories, generate electricity and heat homes in the winter, and Putin warns they could keep dwindling. Russia supplied some 40 per cent of Europe’s natural gas before the war. The head …

Russia Resumes 'Unstable' Gas Supplies to Europe via Nord Stream
2 years, 5 months ago

Russia Resumes 'Unstable' Gas Supplies to Europe via Nord Stream

News 18  

Russia on Thursday restored critical gas supplies to Europe through Germany via the Nord Stream pipeline after 10 days of maintenance, but uncertainty lingered over whether the Kremlin would still trigger an energy crisis on the continent this winter. Germany, which is heavily dependent on Russian gas, had feared that Moscow would not reopen the pipeline after the scheduled work …

Gas starts flowing from Russia to Europe again after break, but shutoff fears remain
2 years, 5 months ago

Gas starts flowing from Russia to Europe again after break, but shutoff fears remain

LA Times  

Gas has started flowing again to Europe from Russia after a maintenance shutdown, despite fears that Moscow would cut off supplies. But the gas deliveries that were arriving still weren’t enough to resolve Europe’s energy crisis, and officials suspect that Russia is likely to disrupt supplies further. “We must save more to get through the next two winters well.” Russia’s …

Economics of war: Pain for Europe now, later for Russia
2 years, 5 months ago

Economics of war: Pain for Europe now, later for Russia

Associated Press  

Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Meanwhile, high energy costs fueled by the war are benefiting Russia, a major oil and natural gas exporter whose agile central bank and years of experience living with sanctions have stabilized the ruble and inflation despite economic isolation. Molkerei Berchtesgadener Land, a large dairy cooperative in …

Germany again rejects Russian explanation for gas supply cut
2 years, 5 months ago

Germany again rejects Russian explanation for gas supply cut

Associated Press  

BERLIN — The German government said Monday that a turbine at the center of uncertainty about future gas deliveries through a major pipeline from Russia to Europe was only supposed to be installed in September, underlining its insistence that there should be no technical obstacle to the gas flow. Meanwhile, Germany’s biggest importer of Russian gas said it had received …

Scholz: Germany’s increased coal, oil use will be temporary
2 years, 5 months ago

Scholz: Germany’s increased coal, oil use will be temporary

Associated Press  

BERLIN — Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war in Ukraine is only temporary and his government remains committed to doing “everything” to combat the climate crisis. In a video message Saturday, Scholz expressed regret over Germany’s decision to fire up 16 dormant fossil fuel power …

Russia is about to play its most dangerous cards – and the west is not ready
2 years, 6 months ago

Russia is about to play its most dangerous cards – and the west is not ready

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. It said that if Russia completely …

Russia Threatens to Play Out Germany's Nightmare Scenario: A Cold and Dark Winter
2 years, 6 months ago

Russia Threatens to Play Out Germany's Nightmare Scenario: A Cold and Dark Winter

News 18  

Germany’s biggest nightmare is close to becoming a reality as Gazprom hints at playing out the worst-case scenario when it comes to the Nord Stream 1 pipeline. Just recently, Canada temporarily waived sanctions on Russia to allow the transfer of a turbine, crucial to the Nord Stream 1 pipeline, to Germany. Earlier in June, Russia cut gas supplies to Germany …

Germany to stop buying Russian coal on Aug 1, oil on Dec 31
2 years, 6 months ago

Germany to stop buying Russian coal on Aug 1, oil on Dec 31

The Hindu  

Germany will completely stop buying Russian coal on August 1 and Russian oil on December 31, marking a major shift in the source of the country's energy supply, deputy finance minister Joerg Kukies said at a conference in Sydney. The key challenge ahead will be filling the huge gap that will be left when the European Union weans itself off …

Gas pipeline shutdown starts amid German suspicion of Russia
2 years, 6 months ago

Gas pipeline shutdown starts amid German suspicion of Russia

Associated Press  

BERLIN — A major natural gas pipeline from Russia to western Europe shut down Monday for annual maintenance as Germany prepared to give the green light for 10 coal-fired power plants to restart because of concerns that Russia may not resume the flow of gas as scheduled. German Vice Chancellor Robert Habeck has said he suspects that Russia may cite …

Canada to release equipment for Russia-Germany gas pipeline
2 years, 6 months ago

Canada to release equipment for Russia-Germany gas pipeline

Associated Press  

BERLIN — The Canadian government says it will allow the delivery to Germany of equipment from a key Russia-Europe natural gas pipeline that has undergone maintenance — equipment the absence of which Russia’s Gazprom cited last month as a reason for more than halving the flow of gas. Canada’s minister of natural resources, Jonathan Wilkinson, said in a statement late …

German lawmakers back plan to expand renewable energy
2 years, 6 months ago

German lawmakers back plan to expand renewable energy

Associated Press  

BERLIN — German lawmakers on Thursday approved a major package of reforms aimed at boosting the production of renewable power, as Chancellor Olaf Scholz warned that the country has for too long relied on energy supplies from Russia. “Germany has relied for too long and too unilaterally on energy supplies from Russia,” he said at a renewable energy industry event …

Germany sees possible Russian ‘blockade’ of key gas pipeline
2 years, 6 months ago

Germany sees possible Russian ‘blockade’ of key gas pipeline

Associated Press  

BERLIN — Germany’s vice chancellor said Thursday he suspects that Russia may not resume natural gas deliveries to Europe through the Nord Stream 1 pipeline after planned maintenance work in July, complicating the outlook for this winter. Russian state-owned energy giant Gazprom has blamed a technical problem for the reduction in gas flowing through Nord Stream 1, which runs under …

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