Vera Eckert

German container shipper Hapag-Lloyd posted net profit of 2.9 billion euros for the first half of 2023, down 67% from a year earlier, but maintained its full year earnings forecast. https://t.co/jHQtvrBPnC

Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in Germany worth a record 12.6 billion euros ($14.1 billion), allowing them entry to the central European market without a partnership. https://t.co/Jag11j2oN9

Deutsche ReGas has sub-chartered a second floating storage and reception unit (FSRU) for liquefied natural gas for the Mukran terminal project in the Baltic Sea, with its LNG to flow to onshore grids via the nearby port of Lubmin from next winter. https://t.co/wDVRoHoY3y

Nasdaq will transfer its European power trading and clearing business to the European Energy Exchange (EEX), the U.S. exchange operator and EEX announced. https://t.co/Da8a876CA5

European energy bourse EEX will publish a green hydrogen index, called HYDRIX, from Wednesday, scaling up price discovery in future markets for renewable energy, its chief executive Peter Reitz said. https://t.co/SIjVCMhPF6

Germany cannot be relaxed about the need for liquefied natural gas (LNG) terminals in the Baltic Sea, a high-ranking economy ministry official said on Monday, a week after plans emerged to scale down the region’s Mukran project after local resistance. https://t.co/ig0eNnOL68

Wilhelmshaven, Germany's only deep water port, is where energy firms now plan to spend more than $5.5 billion to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas.https://t.co/BhwJh3AJEy

Germany cut greenhouse gases emissions by 1.9% to 746 million tonnes of CO2 equivalent last year helped by higher renewable electricity output and energy savings, environment agency UBA said. The level remains well above a 2030 target of 438 mln T. https://t.co/vNVIJfYyJz

Germany said that new infrastructure for floating liquefied natural gas terminals (LNG) will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security. https://t.co/HT6GZsTrlc

Germany’s annual natural gas consumption fell 13.6% in 2022 to 866.2 terawatt hours (TWh), gas industry lobby Zukunft Gas said on Monday, adding that procuring supplies remains the top priority. https://t.co/1fyAAa4mWw

A German project aimed at boosting clean energy for home heating expects to hit a key milestone of 30% "green" energy blended with natural gas in Oehringen in the south-west of the country within weeks, Netze BW said. https://t.co/I9mB8a0x42

German gas storage operators group INES says there is no chance of a shortage this winter, citing lower demand and sufficient supply after inventories were filled to the brim. https://t.co/Y3PMQxPYDP

European energy exchange EEX more than doubled volumes across its gas markets last year as operators hedged purchases amid supply worries, but high power prices led to a 14% decline in electricity trading, https://t.co/o0Bo5fypTz

Germany has been hit hardest by the de-facto end of Russian gas supplies to Western Europe, and while it is still too early to give the all-clear for Europe's top economy, a warm winter and brimming gas caverns have at least provided a breather. https://t.co/TJnDuEfJ74

Germany must accelerate a hydrogen law revision, which is pending in Berlin, to allow for related investments in gas transport networks up to the end of the decade, said the head of its biggest gas pipeline operator, Open Grid Europe. https://t.co/QhieBymmRm

German gas importer Sefe has secured 3.5 billion cubic metres (bcm) of regasification capacity in Dunkirk and is closing in on new liquefied natural gas (LNG) import deals, its boss said, mapping out the former Gazprom division's future strategy. https://t.co/vgwBTBJvHu

German oil and gas producer Wintershall Dea urged Berlin to help clear exports of carbon dioxide to European neighbours that would be buried in so-called carbon capture and storage facilities (CCS). https://t.co/oovYkQfvYG