Rwe Exit Deals Blow To European Gas Pipeline

RWE said it intends to sell its stake in the proposed Nabucco natural-gas pipeline, casting fresh doubt over one of Europe's signature efforts to reduce Russia's dominance of its energy supplies.

Topics:  nabucco   europe   russia   rwe   gas pipeline   
BING NEWS:
  • UPDATE 2-Gazprom dealt pricing blow as loses court case to RWE
    FRANKFURT, June 27 (Reuters) - Russian gas export monopoly Gazprom's efforts to keep a link between the price it sells gas and costlier oil were dealt a blow ... from European clients who say they have lost billions of dollars on long-term supply deals ...
    06/27/2013 - 6:06 am | View Link
  • UPDATE 2-Gazprom dealt pricing blow as loses court case to RWE
    FRANKFURT, June 27 (Reuters) - Russian gas export monopoly Gazprom's efforts to keep a link between the price it sells gas and costlier oil were dealt a blow ... from European clients who say they have lost billions of dollars on long-term supply deals ...
    06/27/2013 - 5:54 am | View Link
  • RWE Exit Deals Blow to European Gas Pipeline
    VIENNA— RWE AG RWE.XE -0.60% RWE AG Germany: Xetra € 30.69 -0.19-0.60% Sept. 17, 2014 5:35 pm Volume (Delayed 15m) : 2.05M P/E Ratio N/A Market Cap €18.70 Billion Dividend Yield 3.26% Rev. per Employee €716,379 08/22/14 Germany Approves RWE's Sale of..
    12/7/2012 - 12:44 am | View Link
  • RWE delays €3 bln offshore wind farm
    FRANKFURT - German utility RWE has postponed an investment decision on a €3 billion offshore wind farm in the North Sea until next year, blaming a lack of clarity over legal liabilities for such projects. RWE had planned to start the project, dubbed ...
    07/24/2012 - 1:00 pm | View Link
  • RWE Profit Slumps on Nuclear Exit Costs, Gas Unit Loss
    RWE AG (RWE), the second-largest utility in Germany, said full-year profit fell 34 percent on the cost of phasing out nuclear power and losses from supplying natural gas. Recurrent net income, the measure used to calculate the dividend, fell to 2.48 ...
    03/6/2012 - 6:27 pm | View Link
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