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Uniper
Uniper SE �juːnipɚis an energy company based in Düsseldorf, Germany. The name of the company is a portmanteau of "unique" and "performance" given by long-term employee Gregor Recke. Uniper was formed by the separation of E.ON's fossil fuel assets into a separate company that began operating on 1 January 2016. The company employs about 11,000 employees in over 40 countries. Around one third of the employees are based in Germany. It owns a subsidiary company in Russia called Unipro. Uniper is listed at the Frankfurt Stock Exchange. The company has faced criticism for opening new coal-fueled power plants in Germany as recently as May 2020. Uniper was one of the financiers of the Nord Stream 2 project, which the German government suspended after the 2022 Russian invasion of Ukraine. History The split of the majority of E.ON's 'upstream' electricity generation business from its 'downstream' retail and distribution business was first announced in April 2015. The compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortum
Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland. In addition to Finland, it focuses on Germany and other countries in Central Europe, Great Britain, Russia and the Nordic region. Fortum operates power plants, including co-generation plants, and generates and sells electricity and heat. The company also sells waste services such as recycling, reutilisation, final disposal solutions and soil remediation and environmental constructions services, and other energy-related services and products e.g. consultancy services for power plants and electric vehicle charging. Fortum is listed on the NASDAQ OMX Helsinki stock exchange. In 2020 Fortum was the biggest company in Finland by its revenue. The majority of its income came from Uniper that became Fortum's subsidiary in March 2020. Uniper was nationalised by Germany on the for 8 billion euros. Fortum is Europe's third-largest producer of carbon-free electricity, Europe's second-largest producer of nuc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nord Stream 2
Nord Stream 2 (German-English mixed expression; german: Nord and en, Stream 2, literally 'North Stream2'; russian: Северный поток — 2) is a natural gas pipeline from Russia to Germany running through the Baltic Sea, financed by Gazprom and several European energy companies. The construction of the pipeline started in 2011, to expand the Nord Stream 1 line and double annual capacity to . It was completed in September 2021, but has not yet entered service. Planning and construction of the pipeline were mired in political controversy over fears that Russia would use it for geopolitical advantage with Europe and Ukraine, and that the US would lose political influence over Ukraine. German Chancellor Olaf Scholz, who had been in favour of the project, suspended its certification on 22 February 2022, following official recognition of the Donetsk People's Republic and Luhansk People's Republic by the Russian State Duma and President Putin during the prelude to the 202 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oskarshamn Nuclear Power Plant
The Nuclear power station Oskarshamn is one of three active nuclear power stations in Sweden. The plant is about north of Oskarshamn, directly at the Kalmarsund at the Baltic Sea coast and with one active reactor, producing about 10% of the electricity needs of Sweden. All reactors were built using BWR technology. Unit 1 had an installed output of 494 MW and Unit 2 664 MW; these are now decommissioned. Unit 3, the newest reactor block at the facility, has an installed output of 1,450 MW. Clab, the temporary storage facility for spent nuclear fuel from all Swedish reactors, is also located at the site. Operator The responsible utility is OKG, short for the ''Oskarshamnsverkets Kraftgrupp OKG'', which was acquired by Sydkraft in 1993, (later: '' E.ON Sverige''). Uniper owns 54.5% and the other partner Fortum 45.5% of OKG. History On July 25, 2006, Units 1 and 2 were shut down as a precaution after a safety-related incident at an identical reactor at the F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unipro (company)
Unipro (former names: E.ON Russia, The Fourth Generation Company of the Wholesale Electricity Market or OGK-4) is a Russian power generation company formed by merger of five generation companies. 83.73% of the company is owned by the German energy company Uniper, the rest of the shares are owned by minority shareholders.http://www.unipro.energy/files/14164/ History and operations Unipro was founded in 2006 with the merger of the following power plants: * Surgut-2 Power Station – 5,600 MW, * Berezovskaya GRES – 1,550 MW * Shatura Power Station – 1,500 MW * Smolenskaya GRES – 630 MW * Yajvinskaya GRES – 1,016 MW The installed capacity of all five thermal power plants is about 10,296 MW, which comprises about 5% of the generating capacity of RAO UES OAO RAO UES (OAO Unified Energy System of Russia; russian: ЕЭС России or russian: Единая Энергетическая Система) was an electric power holding company in Russia. It control ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EPH (company)
Energetický a průmyslový holding, a.s. (EPH) is a Czech Republic (Prague) based company currently investing mainly in the energy sector in Europe, founded in 2009. The group's business lines covers the complete value chain ranging from highly efficient cogeneration, power generation, and natural gas transmission, gas storage, gas and electricity distribution and supply. The majority owner is Czech entrepreneur and lawyer Daniel Křetínský (94%), who is ranked among the richest Czechs in the long term and according to Forbes he became a dollar billionaire in 2017. The remaining 6% is distributed among selected managers of EPH. EPH employs almost 25.000 people and comprises over 50 companies. Ownership Company was founded in August 2009 as (indirect) subsidiary of J&T Finance Group, as of October 2009 ownership structure was PPF (40%), J&T (40%) and Daniel Křetínský. In August 2012 PPF converted part of its debt for EPH shares and increase its share to 44.4% (decreasing J& ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Düsseldorf
Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian language, Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in the state and the List of cities in Germany with more than 100,000 inhabitants, seventh-largest city in Germany, with a population of 617,280. Düsseldorf is located at the confluence of two rivers: the Rhine and the Düssel, a small tributary. The ''-dorf'' suffix means "village" in German (English cognate: ''thorp''); its use is unusual for a settlement as large as Düsseldorf. Most of the city lies on the right bank of the Rhine. Düsseldorf lies in the centre of both the Rhine-Ruhr and the Rhineland Metropolitan Region. It neighbours the Cologne Bonn Region to the south and the Ruhr to the north. It is the largest city in the German Low Franconian dialect area (closely related to Dutch language, Dutch). World's Most Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yuzhno-Russkoye Field
The Yuzhno-Russkoye field is a Russian oil and gas field located in the Krasnoselkupsky District, Yamal-Nenets Autonomous Okrug, Tyumen Oblast. History The Yuzhno-Russkoye field was discovered in 1969. Preparation for the development of the field started in 1997. American oil company Moncrief Oil International claims that in 1997, Gazprom's subsidiary Zapsibgazprom and Moncrief signed a contract according to which Moncrief acquired 40% of stake in the field, a claim that Gazprom does not recognize. According to the contract Severneftegazprom was established as operating company. In the following years control over Severneftegazprom was gained by Itera and later regained by Gazprom. In 2004, Gazprom started negotiations with BASF and E.ON over development the Yuzhno-Russkoye field. The inauguration ceremony launching work on the field was held on 18 December 2007. Technical features The gas field lies about one kilometer below the surface. The proven gas reserves of Yuzhno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OMV Group
OMV (formerly abbreviation for Österreichische Mineralölverwaltung Aktiengesellschaft ('' en, Austrian Mineral Oil Administration Stock Company'')) is an Austrian multinational integrated oil, gas and petrochemical company which is headquartered in Vienna, Austria. The company is listed on the Vienna Stock Exchange. In the 2021 Forbes Global 2000, OMV Group was ranked as the 413st -largest public company in the world. It is active in the oil and gas upstream and downstream businesses as well as in petrochemicals and plastics recycling. History The history of OMV began on July 3, 1956, when the company then known as "Österreichische Mineralölverwaltungs Aktiengesellschaft" was officially entered into the commercial register. Consequently, the Soviet Mineral Oil Administration (''Sowjetische Mineralölverwaltung'', SMV), a corporation formed during the Soviet zone of occupation in post-war Austria became "Österreichische Mineralölverwaltungs Aktiengesellschaft". Four y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Sanctions During The 2022 Russian Invasion Of Ukraine
Following Russia's invasion of Ukraine in February 2022, the United States, the European Union, and other countries introduced or significantly expanded sanctions to include Vladimir Putin and other government members, and cut off "selected Russian banks" from the SWIFT network triggering the 2022 Russian financial crisis and a massive international boycott of Russia and Belarus, which supports the invasion. Background and history of sanctions and ramifications History of sanctions Western countries and others imposed limited sanctions on Russia when it recognised the independence of its puppet states, the Donetsk and Luhansk People's Republic. With the commencement of attacks on 24 February 2022, a large number of other countries began applying sanctions with the aim of crippling the Russian economy. The sanctions were wide-ranging, targeting individuals, banks, businesses, monetary exchanges, bank transfers, exports, and imports. The sanctions included cutting off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2022 Russia–European Union Gas Dispute
The Russia–EU gas dispute flared up in March 2022 following the invasion of Ukraine in late February. Russia and the major EU countries clashed over the issue of payment for pipeline natural gas exported to Europe by Russia's Gazprom. In June, Russia cut the flow of gas by more than half, in July it stopped and resumed it, and in September it stopped it altogether. On 26 September 2022, the Nord Stream 1 and 2 gas pipelines both ruptured with evidence of sabotage. Background Europe consumed 512 billion cubic metres (bcm) of natural gas in 2020, of which 185 bcm (36%) came from Russia. In early 2022, Russia supplied 45% of EU's natural gas imports, earning $900 million a day, and by October 2022, it had decreased to 7.5%. Following Russia's invasion of Ukraine in February 2022, the United States, the European Union, and other countries, introduced or significantly expanded sanctions to cut off "selected Russian banks" from SWIFT. Assets of the Central Bank of Russia he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquefied Natural Gas
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state (at standard conditions for temperature and pressure). LNG is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia. The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately ; maximum transport pressure is set at around ( gauge pressure), which is about one-fourth times atmospheric pressure at sea level. The gas extracted from underground hydrocarbon deposits contains a varying mix of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalize
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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