Germany | Egypt Oil & Gas
Germany Sets 2045 Target to Phase Out Coal, Oil and Gas
Germany’s cabinet approved a roadmap on September 23 to phase out coal, oil, and gas by 2045, reaffirming the country’s focus on electrification, Reuters reported. A spokesperson for Germany’s Environment Minist...
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 the 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 indust...
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. The discussions, which began in 2023, ...
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 press release on July 8. The shipment was delivered on July 2, 2026,...
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, Reuters reported, citing the Russian De...
Egypt, Germany Deepen Ties in Gas, Renewables and Technology
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Frank Wetzel, Germany’s State Secretary at the Federal Ministry for Economic Affairs and Energy, to discuss expanding bilateral cooperation acr...
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 acq...
