E.ON Reduces Nord Stream 1 Stake Value

• Wednesday, 10th August 2022
• by Israa Ibrahim

The value of E.ON’s stake in the Nord Stream 1 gas pipeline has been reduced by roughly EUR 700 million ($715 million) due to “heightened uncertainty” on the effects of Russia’s conflict in Ukr...

Germany’s E.ON Propped Up Profits Thanks to Gazprom Deal

• Thursday, 12th May 2016
• by Egypt Oil & Gas

E.ON, Germany’s largest utility, reported an 8% rise in first-quarter core earnings, after the group secured better gas prices from Russian supplier Gazprom. “Our first-quarter results indicate that parts ...