Problematic utilities: these banks have made large loans | Markets | 09/15/2022

Commerzbank, ING and BNP Paribas are among the main banks that are helping public services with loans so that the population can continue to be supplied with energy. But other well-known financial institutions also have loans on their books. © studio v-zwoelf / stock.adobe.com — Several dozen banks, led by Commerzbank, France’s BNP Paribas and … Read more

Details Wien Energie, Spark Spreads EEX, comparisons with Uniper and 2019/2020

Pay attention: https://boersenradio.at/website page/podcast/3291 The Wiener Börse Pläusche are a podcast venture by Christian Drastil Comm. Less than the motto “Sector & Me” Christian Drastil talks about day-to-day activities on the Vienna Stock Exchange. Episode S2 / 102 is not about Winnetou as originally meant, but about Wien Energie. Allow me summarize the events: evidently … Read more

The Russian gasoline importer Uniper is asking for another four billion euros

Uniper claimed on Monday it had been given the last two billion euros from a mortgage with KfW, consuming all the money allotted. – “In addition, Uniper has requested KfW for a bank loan increase of four billion euros for additional stabilization, though negotiations continue with the federal government and Fortum on a stabilization package … Read more

The electrical power firm may possibly require additional dollars than anticipated

– Uniper Uniper is in crisis. – (Photograph: dpa) – – – – Dusseldorf Gas selling prices on the Dutch TTF stock trade rose to a new all-time significant on Thursday: a megawatt-hour at the moment costs € 300. This is lousy news for the struggling energy enterprise Uniper. The team may perhaps need extra … Read more

Federal government saves Uniper with billions

Von Caspar Buses and Thomas Fromm It was probably not an easy walk for Uniper boss Klaus-Dieter Maubach this Friday. A gas trader whose business model is crumbling in the middle of a brutal war, gas prices out of control, daily losses in the tens of millions, accumulated losses of 4.5 billion euros up to … Read more

Trader’s week: Storms on stocks have stopped. They are replaced by a collapse in the energy market

The first week of July saw a slight recovery in stocks after a tumultuous first half. However, there were fewer price-fixing reports. Investors are still asking, is the potential for a recession already baked into asset prices? Should we fear further sharp declines, or is the worst already behind us? These are the questions on … Read more

Largest German gas importer asks government for ‘substantial’ support

– Associated Press – NOS News•today, 18:12 — Uniper, Germany’s largest gas importer, has applied for state aid. The company has run into problems because Russia supplies less gas. In order to meet its supply obligations, the company must purchase gas elsewhere at much higher prices. The company’s chief executive said today that German consumers … Read more

“Agreed with the federal government”: Uniper and RWE are switching payments to Russia

“Coordinated with the federal government” Uniper and RWE switch payments to Russia May 31, 2022 at 9:28 p.m – Russia has already turned off the gas supply to some companies. Uniper and RWE continue to receive supplies from Gazprom. According to their own statements, the groups have changed their payment method accordingly. However, it does … Read more

Austria will pay for Russian gas in rubles – VVS

Photo: Ukrtransgaz Austria will pay for gas in rubles – – The possibility of paying for gas in rubles is also being discussed in Germany. The German energy concern Uniper allows this option. Austria and the Austrian oil and gas company OMV have accepted the terms of payment for Russian gas in rubles. This was … Read more