“Spiegel”: Ministry of Economic Affairs asked energy company for arguments in favor of gas-fired power plants
According to a report in “Der Spiegel,” the Federal Ministry for Economic Affairs and Energy, headed by Katherina Reiche (CDU), […]
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Wind farm fraud: Millions in damages and subsidy scandals shake the industry
In early April 2026, fraud hit the wind power industry with full force during a period of intense expansion pressure.
Wind farm fraud: Millions in damages and subsidy scandals shake the industry Read More »
Despite sanctions, Russia’s crude oil exports reach their highest revenue since 2022
Russia earned more from its crude oil exports up to April 5th than at any time since June 2022. This
Despite sanctions, Russia’s crude oil exports reach their highest revenue since 2022 Read More »
Brussels sets new CO2 price – EU drives up import costs in the midst of the crisis
Amid the tense situation surrounding the Iran nuclear deal, the European Commission in Brussels has set the first fixed CO2
Brussels sets new CO2 price – EU drives up import costs in the midst of the crisis Read More »
Major fire at BYD – parking garage with prototypes and test vehicles goes up in flames
A multi-story parking garage at the BYD factory in Shenzhen caught fire at approximately 2:48 a.m. on April 14, 2026.
Major fire at BYD – parking garage with prototypes and test vehicles goes up in flames Read More »
Federal government to help indebted municipalities – bill to be presented to cabinet on Wednesday
The federal government plans to provide financial support to municipalities burdened with excessive debt. The Federal Cabinet is expected to
Betz International insolvent – high diesel prices hit freight forwarding company with 140 employees
Betz International GmbH, based in Sonnenbühl, Baden-Württemberg, has filed for insolvency. The responsible district court in Tübingen initiated proceedings on
Opel is cutting jobs again – Stellantis is intensifying its cost-cutting measures in Rüsselsheim
At the Opel plant in Rüsselsheim, Germany, automaker Stellantis is facing further massive job cuts, while its parent company intensifies
China is expanding the world’s largest LNG storage facilities to secure supply
Over the past decade, China has massively expanded its natural gas reserves in Yancheng and other coastal locations, creating the
China is expanding the world’s largest LNG storage facilities to secure supply Read More »
VW discontinues ID.4 production in the USA
Volkswagen will end production of its ID.4 electric SUV at its Chattanooga plant in Tennessee this month, reacting to the
VW discontinues ID.4 production in the USA Read More »
IW Director Hüther: A €1,000 energy bonus could cost €12 billion
Economic experts are largely skeptical of the coalition’s decisions to relieve consumers of high energy costs. Michael Hüther, president of
IW Director Hüther: A €1,000 energy bonus could cost €12 billion Read More »
Massive depreciation – new electric cars lose up to 70 percent of their value in three years
Anyone buying a new electric car in Germany currently faces a significantly higher risk of depreciation than someone buying a
France withdraws gold from the US – dispute with Trump over Iran exacerbates mistrust
France withdrew 129 tons of gold from New York, recast it into new bars between July 2025 and January 2026,
France withdraws gold from the US – dispute with Trump over Iran exacerbates mistrust Read More »
Oettinger Brewery relocates its international business to Switzerland
The Oettinger Group, based in Oettingen, Bavaria, has been pursuing a profound corporate restructuring since 2023, reorganizing its international business
Oettinger Brewery relocates its international business to Switzerland Read More »
Energy tax on fuel is supposed to decrease – government hesitates for weeks and delivers only minimal relief
Following an extraordinary coalition committee meeting at Villa Borsig, the German government announced a temporary reduction in the energy tax