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Apparent Sabotage Disables Nord Stream 1 and 2, Cutting Off All Direct Gas Supply to Germany from Russia
Apparent Sabotage Disables Nord Stream 1 and 2, Cutting Off All Direct Gas Supply to Germany from Russia Anonymous German officials appear to acknowledge the strong possibility of American or NATO involvement Yesterday evening, pressure in the undersea Nord Stream 2 pipeline suddenly collapsed, and gas could be seen bubbling to the surface of the Baltic […]
Damage To Nord Stream Pipelines “Unprecedented;” May Have Been ‘Sabotaged’
Damage To Nord Stream Pipelines “Unprecedented;” May Have Been ‘Sabotaged’ Update (0842ET): Sweden’s government held a crisis management meeting with other public authorities over the damage to the Nord Stream pipeline system, Swedish daily newspaper Aftonbaldet said, citing comments from Foreign Minister Ann Linde. Linde said Sweden may discuss the pipeline damage with Denmark later […]
Apparent Sabotage Disables Nord Stream 1 and 2, Cutting Off All Direct Gas Supply to Germany from Russia
Apparent Sabotage Disables Nord Stream 1 and 2, Cutting Off All Direct Gas Supply to Germany from Russia Anonymous German officials appear to acknowledge the strong possibility of American or NATO involvement Yesterday evening, pressure in the undersea Nord Stream 2 pipeline suddenly collapsed, and gas could be seen bubbling to the surface of the Baltic […]
Germany nationalizes its biggest natural gas importer
Germany nationalizes its biggest natural gas importer Germany is nationalizing Uniper, its biggest importer of natural gas, as part of an €8 billion ($7.9 billion) plan to prevent an energy shortage this winter. Europe has been hit by soaring natural gas and electricity prices as a result of Russia’s invasion of Ukraine and its throttling of gas supplies. The German government […]
Germany To Nationalize Struggling Uniper In Deepening Energy Crisis
Germany To Nationalize Struggling Uniper In Deepening Energy Crisis Germany on Wednesday announced a move to nationalize struggling natural gas supplier Uniper SE as it strives to keep the industry functioning in the wake of a global energy crisis, according to Reuters. Uniper is Germany’s largest importer of Russian NatGas and has suffered tremendous losses after Russian energy […]
Angry Customers Demand Explanation As German Energy Bills Soar
Angry Customers Demand Explanation As German Energy Bills Soar Utilities in Germany have had to handle a surge in customer service calls in recent weeks from clients angry or desperate about their sky-rocketing energy bills, Reuters reports. The biggest utility, E.ON, has ramped up its capacity to handle calls from consumers who are shocked to find […]
“Exorbitant Rise In Energy Prices” Forces Europe’s Top Steelmaker To Close Plants
“Exorbitant Rise In Energy Prices” Forces Europe’s Top Steelmaker To Close Plants Even though European power and natural gas prices have subsided this week, Germany, the largest economy in the bloc, still faces historically high energy costs that have forced cuts in industrial output. The latest example is the world’s largest steelmaker, ArcelorMittal, which released […]
German Consumers Just Learned How Much Extra They Will Have To Pay For Gas This Winter
German Consumers Just Learned How Much Extra They Will Have To Pay For Gas This Winter With millions of German facing a painful freeze in the coming months, a winter gas surcharge, which will come into effect in October for German households and businesses, was set at 2.4 euro cents per kilowatt hour on Monday, DW […]
German Officials Warn Of Draconian Energy Regulations, “Extremists” Fueling “Mass Protests And Riots”
German Officials Warn Of Draconian Energy Regulations, “Extremists” Fueling “Mass Protests And Riots” As queries for “firewood” have exploded on Google in Germany, and Deutsche Bank predicting that “wood will be used for heating purposes where possible,” German officials are now warning of extreme energy rationing measures, along with the potential for “extremists” to fuel national […]
Germany’s Industrial Heartland Faces Crisis As Rhine River May Become Impassable By Friday
Germany’s Industrial Heartland Faces Crisis As Rhine River May Become Impassable By Friday Water levels on the Rhine River are nearing dangerously low levels, and new forecasts expect Europe’s most critical waterway for inland commodity shipments via barges could be impassable by the end of the week. The river at Kaub, Germany, is 47 centimeters (18.5 […]
Green technocracy’s dirty secret
Green technocracy’s dirty secret Germany is in trouble. The IMF has revised its projected growth figures down to just 1.2 percent for 2022. Even this may prove to be optimistic now that gas imports from Russia have dropped to just 20 percent of what was anticipated prior to the EU sanctions. With autumn approaching, German industry is anticipating […]
German Oil Refiner Observes “Run” On Diesel & Heating Oil, Halts Deliveries
German Oil Refiner Observes “Run” On Diesel & Heating Oil, Halts Deliveries The latest sign Europe’s energy problems are worsening is that Austrian oil and gas firm OMV AG halted crude product deliveries from storage facilities in Germany amid a “run” on supplies, Bloomberg reported. OMV Germany said two storage facilities in the southern part of the […]
Germany’s Uniper Warns Of Possible “Irregular Operation” At Major Power Plant As Rhine River Runs Dry
Germany’s Uniper Warns Of Possible “Irregular Operation” At Major Power Plant As Rhine River Runs Dry Germany’s Uniper SE, the country’s largest utility (recently bailed out by state-owned lender KfW), warned Thursday that plunging water levels on the Rhine River have reduced barge shipments of coal to a key power plant, exacerbating an energy crunch as power […]
Why The EU Could End Within A Year
Why The EU Could End Within A Year Germany, which has been high-and-mighty within the European Union and has imposed austerity against weaker European economies such as in Greece, Spain, Italy, and Portugal, is now demanding that other EU member nations bail Germans out of what will soon inevitably be an energy-emergency that results from Germany’s […]
