Germany | Egypt Oil & Gas

Germany | Egypt Oil & Gas

UAE, Germany Seal Energy, AI Partnerships Enabling €5 Bn Investment

Abu Dhabi National Oil Company (ADNOC), and its international energy investment company XRG, along with UAE’s Masdar have signed a series of agreements with German companies that could enable more than €5 billion ...

Germany Risks Winter Gas Shortage as Storage Levels Remain Low

Germany risks facing a gas shortage this winter if temperatures fall sharply, as low storage levels could leave the country exposed during periods of extreme cold, Reuters reported, citing Germany’s gas storage in ...

Shell Ends Schwedt Refinery Stake Sale Talks with Poland’s Unimot

British oil major Shell has ended negotiations to sell its 37.5% stake in Germany’s PCK Schwedt refinery to Polish energy company Unimot, Reuters reported, citing Bloomberg News.

Algeria’s Sonatrach Exports First LNG Cargo to Germany

Algeria's state-owned energy company Sonatrach has exported its first liquefied natural gas (LNG) cargo to Germany, according to the company’s release on July 8.

Russia to Reroute Kazakh Crude Oil Volumes Amid Druzhba Pipeline Disruptions

Russia will reroute crude oil volumes originating from Kazakhstan that had been destined for Germany through the Druzhba pipeline to alternative export channels beginning May 1.

Egypt, Germany Deepen Ties in Gas, Renewables and Technology

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Frank Wetzel, State Secretary at the Federal Ministry for Economic Affairs and Energy of Germany to discuss means to strengthen bilateral coopera ...

ADNOC–Covestro Deal Gets Final Green Light in Germany

The Abu Dhabi National Oil Company (ADNOC), through its international investment company XRG P.J.S.C., announced on November 21 the receipt of the final outstanding regulatory approval needed for its €14.7 billion ...

ADNOC Nears EU Approval for €14.7B Covestro Takeover

Abu Dhabi National Oil Company (ADNOC) is close to securing European Union (EU) approval for its €14.7 billion ($17 billion) (Bn) acquisition of German chemicals producer Covestro. The European Commission, which i ...

Badawi Visits Germany to Negotiate Leasing FSRU Energos Power

Minister of Petroleum and Mineral Resources Karim Badawi, accompanied by the Executive Managing Director of the Egyptian Natural Gas Holding Company (EGAS) Yassin Mohamed, visited the German city of Berlin to nego ...

Egypt, Germany Explore Partnership in Natural Gas, Hydrogen, Carbon Storage

Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with Director General for Economic Policy in the German Federal Ministry for Economic Affairs and Energy and Ministry Coordinator for Susta ...

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