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W.Europe

W.Europe
2019, February, 6, 10:25:00

IMF: GLOBAL DEBT

IMF - Global debt has reached an all-time high of $184 trillion in nominal terms, the equivalent of 225 percent of GDP in 2017. On average, the world’s debt now exceeds $86,000 in per capita terms, which is more than 2½ times the average income per-capita.

W.Europe
2019, February, 1, 10:50:00

GERMANY'S SOLAR POWER UP

PLATTS- Germany added almost 3 GW of solar capacity last year, the highest annual figure since 2013 and 68% more than 2017, German solar association BSW said Thursday. Total installed solar PV capacity was 45.929 GW by end-2018, with 377 MW added in December alone.

W.Europe
2019, January, 30, 11:25:00

MORE RUSSIAN GAS FOR AUSTRIA

GAZPROM - Particular attention at the meeting was paid to the growing demand for gas supplied by Gazprom to Austria. In the period from January 1 through January 27, 2019, gas exports totaled an estimated 1.2 billion cubic meters, an increase of 35 per cent from the same period of last year.

W.Europe
2019, January, 30, 11:20:00

RUSSIAN GAS FOR EUROPE: 200 BCM

PLATTS - Russia's Gazprom Export believes that the record high gas sales of 200 Bcm in Europe and Turkey last year represented a "new reality" for Russian gas exports. Speaking Tuesday at the European Gas Conference in Vienna, CEO Elena Burmistrova also said she expected gas sales to remain at current levels over the next few years.

W.Europe
2019, January, 30, 10:40:00

FRANCE'S NUCLEAR CHANGES

WNN - President Emmanuel Macron announced last November that a total of 14 French power reactors of 900 MWe capacity will be shut down in order to reduce the share of nuclear in the country's electricity generation mix from the current 75% to 50% by 2035.

W.Europe
2019, January, 28, 09:50:00

ENI, OMV, ADNOC: $5.8 BLN

REUTERS - Italy’s Eni and Austria’s OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company’s (ADNOC) refining business and establish a new trading operation owned by the three partners.

W.Europe
2019, January, 25, 08:50:00

NORD STREAM WELL ABOVE

PLATTS - Natural gas flows via the Nord Stream pipeline from Russia to Germany totaled 58.8 Bcm in 2018 -- 3.8 Bcm higher than its nameplate capacity of 55 Bcm/year -- according to the operator of the pipeline.

W.Europe
2019, January, 25, 08:10:00

FRENCH LNG UP

PLATTS - French liquefied natural gas (LNG) imports soared last year as Australia, the U.S. and Russia brought more LNG to world markets, French gas network operator GRTgaz said on Thursday.

W.Europe
2019, January, 23, 11:15:00

RUSSIA - TURKEY TURKSTREAM

SHANA - Composed of two 930-km pipelines, TurkStream is able to supply over 30bcm/year of natural gas from Russia to supply Turkey's needs. After the construction of the offshore section, the onshore section on Turkey's soil remains to be constructed for this project to be completed. According to schedule, Russia's gas is planned to be exported to Turkey via this pipeline by end-2019.

W.Europe
2019, January, 23, 11:10:00

NORWAY'S PETROLEUM PRODUCTION 1.849 MBD

NPD - Preliminary production figures for December 2018 show an average daily production of 1 849 000 barrels of oil, NGL and condensate, which is a decrease of 26 000 barrels per day compared to November.

W.Europe
2019, January, 23, 10:55:00

GERMANY NEED COAL

PLATTS - The government-appointed coal commission is finalizing recommendations this week for the phase-out of coal-fired power stations, which provide 35% of Germany's generation mix.

W.Europe
2019, January, 21, 11:10:00

RUSSIA, SERBIA NUCLEAR

WNN - Russia and Serbia have signed an intergovernmental agreement on cooperation in nuclear energy and a joint statement on strategic partnership for the construction of a centre of nuclear science, technology and innovation.

W.Europe
2019, January, 16, 11:35:00

GERMANY PROTECTS EUROPE

REUTERS - Germany will try to protect German and European companies from some potentially “massive collateral damage” if Washington levies further sanctions against Russia, Foreign Minister Heiko Maas said.

W.Europe
2019, January, 16, 11:25:00

U.S. SANCTIONS FOR OMV

REUTERS - Threatening to impose U.S. sanctions on companies involved in the Russian-backed Nord Stream 2 pipeline is unacceptable, the head of Austria’s OMV, which has a stake in the project, told Germany’s Handelsblatt.

W.Europe
2019, January, 14, 12:15:00

U.S. SANCTIONS FOR GERMANY

REUTERS - The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they could face sanctions if they stick with the project.

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