MEGAL Pipeline
The MEGAL pipeline (german: Mittel-Europäische-Gasleitung) is a major natural gas pipeline system in southern Germany. It transports natural gas from the Czech–German and Austrian–German borders to the German–French border. History Construction started in 1975 when Ruhrgas and Gaz de France formed a partnership (''Mittel-Europäische-Gasleitungsgesellschaft'') for transportation of Russian natural gas to France and southern Germany. The pipeline was commissioned in 1980. The pipeline cost €634 million. In July 2009, the European Commission fined GDF Suez, now Engie and E.ON €553 million each due to collusion on the MEGAL pipeline. Commission officials claimed there was a deal between the two groups’ predecessor companies – Gaz de France and Ruhrgas – not to sell gas sent via MEGAL into each other's home markets dating from the mid-1970s. The Commission alleged that the companies maintained these arrangements after European gas markets were libera ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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GRTgaz Deutschland
GRTgaz is a French natural gas transmission system operator located in Bois-Colombes, Île de France, France. The operated system consists of high pressure gas pipelines with pressure exceeding . Status GRTgaz is a public limited company, a subsidiary of the industrial group ENGIE (formerly Gaz de France). It was created on 1 January 2005 in application of European directives on the European electricity and gas market. GRTgaz operates in the regulated energy sector: this means that the rates it charges for its services are public and set by the Government. Its activities are monitored by the Energy Regulatory Commission (CRE). Its board of directors is made up of representatives of the Government and of personnel, independent directors and representatives of the ENGIE Group. Thierry Trouvé has been CEO of the company from April 26, 2013, taking over from Philippe Boucly. Even though the GRTgaz activity is a natural monopoly, the company does not manage all natural gas transmis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Trans Europa Naturgas Pipeline
The Trans Europa Naturgas Pipeline (TENP) is a natural gas pipeline which runs from the German-Netherlands border to the German-Swiss border. It carries North Sea natural gas from the Netherlands to Italy and Switzerland. It also provides natural gas for North Rhine-Westphalia, Rhineland-Palatinate and Baden-Württemberg federal states. History The TENP was built in 1972–1974, and upgraded in 1978 and 2009. Route The pipeline runs from the German-Netherlands border near Aachen to the German-Swiss border near Schwörstadt. In the German-Swiss border it is connected with the Transitgas Pipeline. ''En route'', in Stolberg the pipeline is connected with the pipeline from Zeebrugge and in Mittelbrunn it is connected with the transport system of the MEGAL pipeline system which transports Russian natural gas from the German-Czech border to German regions and France. Technical features The length of the pipeline is and it runs in two lines. It has a capacity of 15.5 billion ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bar (unit)
The bar is a metric unit of pressure, but not part of the International System of Units (SI). It is defined as exactly equal to 100,000 Pa (100 kPa), or slightly less than the current average atmospheric pressure on Earth at sea level (approximately 1.013 bar). By the barometric formula, 1 bar is roughly the atmospheric pressure on Earth at an altitude of 111 metres at 15 °C. The bar and the millibar were introduced by the Norwegian meteorologist Vilhelm Bjerknes, who was a founder of the modern practice of weather forecasting. The International System of Units, despite previously mentioning the bar, now omits any mention of it.. The bar has been legally recognised in countries of the European Union since 2004.British Standard BS 350:2004 ''Conversion Factors for Units''. The US National Institute of Standards and Technology (NIST) deprecates its use except for "limited use in meteorology" and lists it as one of several units that "must not be introduced ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ruhrgas
Ruhrgas AG (original name: Aktiengesellschaft für Kohleverwertung; later: E.ON Ruhrgas) was the largest natural gas transportation and trading company based in Essen, Germany. The company was founded in 1926 and it finally ceased to exist on 2 May 2013 when it was merged into E.ON Global Commodities SE (now: Uniper Global Commodities SE). History Ruhrgas AG was founded in 1926 as a natural gas transportation company by Vereinigte Stahlwerke AG and Zeche Mathias Stinnes as ''Aktiengesellschaft für Kohleverwertung''. The newly founded company took over the distribution of the coal gas produced in the coking plants Vereinigte Stahlwerke AG and Zeche Mathias Stinne. In 1928, ''Aktiengesellschaft für Kohleverwertung'' acquired pipeline network from RWE AG. Consequently, the company was renamed Ruhrgas AG. By the end of the decade, gas supply contracts were signed with Cologne, Düsseldorf, Hanover, and Saarbrücken. By 1930, total sales of coal gas by Ruhrgas amounted to , and its pi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Collusion
Collusion is a deceitful agreement or secret cooperation between two or more parties to limit open competition by deceiving, misleading or defrauding others of their legal right. Collusion is not always considered illegal. It can be used to attain objectives forbidden by law; for example, by defrauding or gaining an unfair market advantage. It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities. It can involve "unions, wage fixing, kickbacks, or misrepresenting the independence of the relationship between the colluding parties". In legal terms, all acts effected by collusion are considered void. Definition In the study of economics and market competition, collusion takes place within an industry when rival companies cooperate for their mutual benefit. Conspiracy usually involves an agreement between two or more sellers to take action to suppress competition between sellers in the market. Because competition among ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Engie
Engie SA is a French multinational utility company, headquartered in La Défense, Courbevoie, which operates in the fields of energy transition, electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It is one of the few players in the sector to develop expert skills in both upstream (engineering, purchasing, operation, maintenance) and downstream (waste management, dismantling) activities. Engie supplies electricity in 27 countries in Europe and 48 countries worldwide. The company, formed on 22 July 2008 by the merger of Gaz de France and Suez, traces its origins to the Universal Suez Canal Company founded in 1858 to construct the Suez Canal. As of 2018, Engie employed 158,505 people worldwide with revenues of €60.6 billion. Engie is listed on the Euronext exchanges in Paris and Brussels and is a constituent of the CAC 40 index. Engie was headed from 2016 to 2020 by Isabelle Kocher, who strongly transformed the company, n ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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GDF Suez
Engie SA is a French multinational utility company, headquartered in La Défense, Courbevoie, which operates in the fields of energy transition, electricity generation and distribution, natural gas, nuclear, renewable energy and petroleum. It is one of the few players in the sector to develop expert skills in both upstream (engineering, purchasing, operation, maintenance) and downstream (waste management, dismantling) activities. Engie supplies electricity in 27 countries in Europe and 48 countries worldwide. The company, formed on 22 July 2008 by the merger of Gaz de France and Suez, traces its origins to the Universal Suez Canal Company founded in 1858 to construct the Suez Canal. As of 2018, Engie employed 158,505 people worldwide with revenues of €60.6 billion. Engie is listed on the Euronext exchanges in Paris and Brussels and is a constituent of the CAC 40 index. Engie was headed from 2016 to 2020 by Isabelle Kocher, who strongly transformed the company, nota ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |