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Nouvelles

Scholz: Xi opposing nuclear weapons in Ukraine reason enough to visit China

* Must prepare for scenario where ties with China sour * Comments come day after Scholz trip to Beijing * Tells German CEOs to diversify away from China By Andreas Rinke BERLIN, Nov 5 (Reuters) - German Chancellor Olaf Scholz, who was heavily criticised for a trip to Beijing this week, said on Saturday his and Chinese President Xi Jinping's joint statement opposing the use of nuclear weapons in Ukraine had been reason enough for the visit.
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UK Stocks-Factors to watch on Nov 4

Nov 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0.68% on Friday. * ASTRAZENECA: The European Commission on Friday approved Sanofi SASY.PA and AstraZeneca's AZN.L Beyfortus for the prevention of a common and highly contagious type of respiratory infections in infants. * SHELL: Shell SHEL.L said it signed an agreement with Chinese state refiner Sinopec 0386.HK and steel group Baowu as well as German chemical giant BASF BASFn.DE to study a carbon captur
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Energy crisis chips away at Europe's industrial might

(Fertiliser company Yara provided updated figures) By Clara Denina and Sarah McFarlane LONDON, Nov 2 (Reuters) - Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter. It is far too early to rejoice, though. The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen.
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Energy crisis chips away at Europe's industrial might

(Repeating to reach more subscribers) By Clara Denina and Sarah McFarlane LONDON, Nov 2 (Reuters) - Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter. It is far too early to rejoice, though. The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen.
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Energy crisis chips away at Europe's industrial might

By Clara Denina and Sarah McFarlane LONDON, Nov 2 (Reuters) - Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter. It is far too early to rejoice, though. The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen.
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Germany girds for gas supply pain, targets $93 billion price relief plan

* Proposals agreed unanimously after 35 hours of talks * Total proposed relief 96 bln euros thru April 2024 * Plan aims to ease cost of living By Holger Hansen BERLIN, Oct 10 (Reuters) - Germany on Monday said it plans to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned that the supply situation heading into winter remained tense even with full reserves.
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EU approves German measure to support BASF production of renewable hydrogen

BRUSSELS, Oct 3 (Reuters) - The European Commission on Monday approved a 134 million euro ($130.80 million) German measure to support BASF SE BASFn.DE in the production of renewable hydrogen, to help decarbonise its chemical production processes. "This 134 million euro measure enables Germany to help BASF step up its renewable hydrogen production capacities, thereby contributing to the greening of the chemical value chain and of the transport sector," EU antitrust chief Margrethe Vestager said i
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Yara cuts cast doubt on Europe's fertiliser production

* Ammonia used in fertilisers, requires vast amounts of gas * Curtailed output means less fertiliser for agriculture * Food production may be impacted - analysts By Louise Rasmussen and Terje Solsvik Aug 25 (Reuters) - Norway's Yara YAR.OL , one of the world's largest fertiliser makers, is slashing ammonia production due to soaring gas prices, raising questions about Europe's ability to produce enough fertiliser for its crops.
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Traffic builds up along Rhine after vessel's engine failure

BERLIN, Aug 17 (Reuters) - Around 20 ships are stuck in traffic along Germany's river Rhine, where low water levels have already impeded shipping this summer, after a vessel's engine failure closed part of the waterway, authorities said on Wednesday. A vessel with a 1,660-ton load was forced to drop anchor due to an engine failure, closing traffic between St Goar and Oberwesel, river police said.
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Traffic along Rhine further hindered after vessel's engine failure

BERLIN, Aug 17 (Reuters) - Traffic along the river Rhine, impeded by low water levels, was hindered further on Wednesday after a vessel's engine failure closed part of the waterway, said the river police. A vessel with a 1,660-ton load was forced to drop anchor in the waterway due to an engine failure, closing traffic between St Goar and Oberwesel.
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Shipping disruption continues as Rhine water levels fall again in Germany

HAMBURG, Aug 12 (Reuters) - Water levels on the river Rhine in Germany have fallen again in dry weather on Friday, with some vessels no longer able to sail, shipping operators and brokers said. Rhine cargo shipping continues, but with vessels sometimes forced to sail three-quarters empty with cargo owners often needing to pay for four vessels to transport their loads instead of one.
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Shipping disruption continues as Rhine water levels fall again in Germany

HAMBURG, Aug 12 (Reuters) - Water levels on the river Rhine in Germany have fallen again in dry weather on Friday, with some vessels no longer able to sail, shipping operators and brokers said. Rhine cargo shipping continues, but with vessels sometimes forced to sail three-quarters empty with cargo owners often needing to pay for four vessels to transport their loads instead of one.
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Low Rhine water levels threaten Germany's economic growth

* Low river levels disrupt shipping, hike freight costs * German economy could take additional hit - economists * Barges only partially laden * Disruption could hit coal power plants By Rene Wagner and Toby Sterling BERLIN/LOBITH, Netherlands, Aug 10 (Reuters) - Already bracing for recession and winter energy shortages, German businesses are grappling with the lack of another precious commodity: rain.
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Low Rhine water levels another drain on Germany's economy

* Low river levels disrupt shipping, hike freight costs * German economy could take additional hit - economists * Barges only partially laden * Disruption could hit coal power plants By Rene Wagner and Toby Sterling BERLIN/LOBITH, Netherlands, Aug 10 (Reuters) - Already bracing for recession and winter energy shortages, German businesses are grappling with the lack of another precious commodity: rain.
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BASF may have to cut production due to low Rhine water levels- statement

BERLIN, Aug 5 (Reuters) - German chemicals giant BASF BASFn.DE said it could not rule out needing to make cuts to production in the coming weeks due to low water levels on the Rhine river, one of the key logistics arteries for Europe's largest economy. "Currently, production is not affected by the low water," the company said in an e-mailed statement on Friday.
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BASF readies more ammonia production cuts in gas supply crunch

* BASF cut ammonia output in Sept, now reducing it further * Yara's ammonia output across Europe is 27% below capacity * SKW, Ineos say monitoring situation closely By Ludwig Burger FRANKFURT, July 27 (Reuters) - Germany's BASF BASFn.DE , the world's largest chemical company, is cutting ammonia production further due to soaring natural gas prices, it said on Wednesday, with potential ramifications from farming to fizzy drinks.
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BASF considers more ammonia production cuts in gas supply crunch-sources

* BASF cut ammonia output in Sept, could do again - sources * Yara's ammonia output across Europe is 27% below capacity * SKW, Ineos say monitoring situation closely By Ludwig Burger FRANKFURT, July 27 (Reuters) - Germany's BASF, the world's largest chemical company, is considering further cuts to ammonia production due to soaring natural gas prices, two sources familiar with the matter said, with potential ramifications from farming to fizzy drinks.
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Germany's gas crisis in charts: Pipeline repair, and then what?

(This updates a package from Friday with confirmation of maintenance start, tweaks to first and second graphics) By Vera Eckert and Tom Sims FRANKFURT, July 11 (Reuters) - The flow of gas from Russia to Germany through the Nord Stream 1 pipeline stopped on Monday as a planned 10-day maintenance period began. The question is: Will flows then resume?
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Germany's gas crisis in charts: Pipeline repair, and then what?

(This updates a package originally published on June 29 with new content) By Vera Eckert and Tom Sims FRANKFURT, July 8 (Reuters) - The flow of gas from Russia to Germany through the Nord Stream 1 pipeline will stop on Monday for a planned 10-day maintenance period. The question is: Will flows then resume? Germany is largely dependent on Russian gas to fuel its export-led economy and to keep homes warm.
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Germany's gas crisis in five charts

By Vera Eckert and Tom Sims FRANKFURT, June 29 (Reuters) - Germany, largely dependent on Russian gas to fuel its export-led economy and to keep homes warm, is bracing for a possible total halt in Russian supplies if Moscow steps up its use of gas as an economic weapon against the West while it wages war in Ukraine. Already down since last year, Russian gas flows slowed further through the important Nord Stream 1 pipeline this month, and Berlin has moved to the second of three stages of its suppl
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