German utility RWE with LNG interests at Brunsbüttel reports improved annual earnings as focus changes
RWE AG, the German utility with LNG import interests at Brunsbüttel on the Elbe while also being involved in coal-fired generation and energy trading, reported improved earnings.
German report questions hydrogen obsession that has undermined energy economics and security and LNG plans
Germany's hydrogen obsession, which has made liquefied natural gas suppliers uneasy and prevented the Germans securing long-term LNG supply contracts, has been brought into focus by a German report saying that hydrogen demand would fall well short of the baseline the country is assuming in its plans to extend its gas network to carry the fuel.
RWE trading arm confirms executive changes with Jacob Meins in leading LNG role and Peter Krembel as new CEO
RWE AG, the German utility that developed the existing Brunsbüttel floating terminal on the Elbe and also has a 10 percent stake in the German LNG Terminal onshore terminal joint venture being built at Brunsbüttel, has changed some management roles at RWE Supply & Trading ahead of the departure of RWE Chief Executive Andree Stracke.
RWE utility signs one of Germany's largest LNG supply deals with US Sempra’s Port Arthur project in Texas
US LNG project developer Sempra Infrastructure has entered into a long-term sale and purchase agreement with a unit of German utility RWE AG for volumes from the Port Arthur project in Texas.
