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Energy investment treaty update fails to win over environmentalists

By Isla Binnie June 24 (Reuters) - Years-long talks over updating an international energy investment treaty ended on Friday with a provisional deal which would allow the exclusion of fossil fuels interests but not fast enough to silence environmental campaigners' complaints that it undermines efforts to curb climate change. The 1994 Energy Charter

RWE not immediately affected by phase 2 of Germany's gas plan

BERLIN, June 23 (Reuters) - Power utility RWE RWEG.DE said Germany's declaration of phase 2 of its emergency gas plan does not immediately affect it and that its gas storage is currently quite well-filled. The company said it has contracted only very limited gas volumes from Russia, though it added that it is currently seeing restrictions on its su

Germany risks recession as Russian gas crisis deepens

* More Europeans activate first stage of gas crisis plans * Surging gas price adds to policymakers' inflation headache * Slowing flows hinder efforts to refill storage for winter * 'We have a problem', says German regulator By Rachel More and Stine Jacobsen BERLIN/COPENHAGEN, June 21 (Reuters) - Germany faces certain recession if faltering Russian

Europe may shift back to coal as Russia turns down gas flows

* Germany may take 'painful' move to fire up coal power * Italy, Austria also looking at burning more coal * Surging gas prices add to already rising inflation By Vera Eckert and Francesca Landini FRANKFURT/MILAN, June 20 (Reuters) - Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to co

Germany's RWE has seen restricted gas supply from Russia in past 2 days

BERLIN, June 16 (Reuters) - RWE RWEG.DE , Germany's largest power producer, said on Thursday the company had seen restrictions to its gas supply from Russia in the past two days. "As is known, RWE has only contracted very limited gas volumes from Russia," an RWE spokesperson told Reuters. "At the end of next year, the contracts will end as schedule


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