08.05.2015
- German chemical producers organized in the industry association Verband der Chemischen Industrie (VCI) are concerned about the impact of the new rules for fracking being debated in...
21.01.2015
- The ongoing heated discussion about shale gas continues to block conventional natural gas production in Germany, says BASFs oil and gas subsidiary Wintershall. The company adds...
05.01.2015
- As repercussions from the deteriorating financial situation in Russia and the political tensions in Ukraine - which also led to the collapse of a planned asset swap between Gazprom...
19.12.2014
- Despite assurances by CEO Kurt Bock a month ago that BASF would most likely complete its planned asset swap with Russian gas conglomerate Gazprom this year as planned, the deal has...
26.09.2014
- To diversify its supply of energy to the German market, BASF's oil and gas subsidiary Wintershall recently agreed to purchase assets worth $1.25 billion from Norway's Statoil. In...
07.07.2014
- Europe could eventually get a tenth of its power needs from shale gas if it can overcome reservations such as those voiced in recommendations from two German cabinet ministers, a...
10.06.2014
- Germany plans to draw up new regulations for hydraulic fracturing, or fracking, before the parliamentary summer recess in August. While the regulations will allow fracking in some...
15.04.2014
- European utility companies are filling up gas storage sites to prepare for a potential Russian supply cut to Ukraine, the news agency Reuters reports. Russia says it is now owed...