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:
  • RWE shares fall 13% as it scraps its 2015 dividend
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  • UPDATE 2-Gazprom dealt pricing blow as loses court case to RWE
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  • UPDATE 2-Gazprom dealt pricing blow as loses court case to RWE
    FRANKFURT, June 27 Russian gas export monopoly Gazprom's efforts to keep a link between the price it sells gas and costlier oil were dealt a blow ... firm from European clients who say they have lost billions of dollars on long-term supply deals agreed ...
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  • RWE Exit Deals Blow to European Gas Pipeline
    VIENNA— RWE AG RWEOY 3.32 % said Friday 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 by building and controlling ...
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  • RWE Troubles To Hit Nabucco?
    RWE is mainly the victim of Germany’s decision to exit ... European Union is pushing hard– because utilities can switch a gas power plant on and off easily to fill in for the power vacuums created when the sun doesn’t shine or the wind doesn’t blow.
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