A tie-up between German energy giant RWE and Russian gas company Gazprom could face serious antitrust obstacles, according to the Federal Cartel Office, which regulates business competition in Germany.
The head of German energy giant RWE, JĂĽrgen GroĂźmann, is mulling a partnership with Gazprom, the largest company in Russia, according to a Saturday news report.
German energy giants EON and RWE said Tuesday they would wait for London to rule on the future of its nuclear power industry before going ahead with investments in new power plants in Britain.
Following Chancellor Angela Merkel's decision to phase out of nuclear power by 2022, major energy-consuming companies say the decision puts Germany’s international competitiveness at risk.
Leading politicians from Germany's centre-right coalition are pushing to allow the Russian gas giant Gazprom to take a stake in the country's biggest utility firm EON as a way of guaranteeing future gas supplies.
The government is planning an informal deal with energy companies, dropping the fuel element tax in return for cooperation in Germany’s switch-off from nuclear power, according to government sources.
Chancellor Angela Merkel’s relationship with German energy companies has reportedly so deteriorated that she no longer wants to meet with their executives to discuss how best to phase out the use of nuclear power.
The head of Germany’s electricity network agency Matthias Kurth accused energy companies of trying to create and exploit panic with talk of electricity blackouts in the event that nuclear power stations are shut down.
The Polish government has approached German energy giant RWE to help run a new nuclear power station, the business weekly <i>Wirtschaftswoche</i> reported as the company held a turbulent shareholders' meeting.
Germany’s third biggest electricity supplier EnBW has warned of dramatically reduced profits for this year in the wake of the moratorium on the country’s nuclear power plants.
Energy corporation RWE confirmed Saturday that if electricity prices rose as a result of nuclear power station closures, the company stands to make a bigger profit in the long term.
Energy company RWE has become the first firm to launch a legal challenge against the Merkel government’s controversial three-month suspension of older nuclear reactors.
Thirteen leading European firms including Germany's RWE, EON and Deutsche Telekom have reportedly urged the European Union to impose sanctions on Hungary for anti-competitive measures.
Environmentalists have conferred the dubious honour of “dinosaur of the year” for backwards attitudes to green issues to energy giant RWE’s chief executive Jürgen Großmann.
Iraq on Sunday slammed as "illegal" an agreement between its autonomous Kurdistan region and the German energy firm RWE that is expected to help supply the planned Nabucco gas pipeline to Europe.
An experts' report commissioned by the German government has advocated extending the life of the nation's nuclear power plants by up to two decades, German media reports said on Saturday.
The atomic energy industry is pushing to delay Germany’s phase-out of nuclear power. But <b>Marcus Gatzke</b> from ZEIT ONLINE warns doing so could hurt the country’s switch to renewable energy – and consumers’ pocketbooks.
Chancellor Angela Merkel on Thursday suggested that Germany's nuclear industry, already expected to pay a windfall tax on longer operating rights, should also stump up to help develop renewable energy.
Some 40 German bosses and economic figures lashed out Friday at a government proposal to tax nuclear energy production, warning it would hamper investment in Europe's biggest economy.
German consumers will overpay utility companies €1 billion for their electricity this year, according to a study commissioned by the Green party’s parliamentary group.
German companies Siemens, RWE and SWE are teaming up to build the world’s largest wind park off the coast of Wales in the Irish Sea, they announced together on Friday.
The Swedish energy group Vattenfall said on Friday it will sell its German high-tension power grid to Belgium's Elia and Australian investment fund IFM for €810 million ($1.1 billion).
Utility companies and the government have agreed to allow all of Germany's 17 nuclear power plants to keep operating, <i>Der Spiegel</i> magazine reported on Saturday, even two which were scheduled for closure soon.
