... economy, but it also helped in cutting down greenhouse gas emissions through the substitution of coal with the more eco-friendly natural gas. Nevertheless, low coal prices continue to make coal an attractive energy source for Germany, even nowadays.
The case ... ... pressure from the US, just to name a few. Nevertheless, one way or another the crisis will be solved and leaders from Europe and Russia should acknowledge that the cooperation between Russia and European states is a natural one that should be encouraged and ...
... BASF’s subsidiary Wintershall. The project aims at increasing the efficiency of hydrocarbon production through the implementation of advanced technological know-how. In September of 2015 another major project was initiated, namely the Nord Stream-2 natural gas pipeline between Germany and Russia under the Baltic Sea. Five companies: Gazprom, BASF, E.ON, ENGIE, OMV, and Shell signed a special agreement on the creation of a new pipeline with 55 bcm of natural gas capacity per year. The wide consortium aims at satisfying all EU requirements,...
... as a result of the Ukraine-related Western sanctions against Russian companies and individuals. Russian, French and Chinese investors have found a way to guarantee the completion of the Yamal LNG project, despite Washington’s eagerness to halt Russian energy companies from developing the arctic natural gas resource base, by imposing technological and financial constrains. What’s more, the LNG plant facility will be realized with the financial help of major Chinese banks, which is another “slap in the face” for the loud-mouthed ...
