DIRS.INFO The most relevant business & tech news

A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio, Spain, June 20, 2017. REUTERS/Vincent West/MADRID/FRANKFURT, Sept 27 (Reuters) - Siemens Gamesa is aiming to fix major issues with its flagship onshore wind turbine model over the next three months, its CEO said, warning that 10-15 loss-making projects related to the troubled equipment would continue to be a drag until 2024. "The biggest thing really for us is to stabilize the 5.X project," Siemens Gamesa (SGREN.MC) CEO Jochen Eickholt told Reuters. read moreCompetition from newer entrants, particularly Chinese firms, has also squeezed Siemens Gamesa, especially in markets including Brazil and India, Eickholt said. The deal is awaiting final approval from the market regulator in Madrid, where Siemens Gamesa was listed in 2017. read moreIn the meantime, Siemens Gamesa has engaged in tough discussions with customers to raise selling prices, with some success, Eickholt said.

☆ European gas buyers show brief interest in shuttered Nord Stream gas
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +3 min

Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany, March 8, 2022. Early on Monday, requests for gas - known as nominations - had emerged to ship gas via the German pipelines which connect Nord Stream 1 to end users. Nominations were visible on the websites of the German pipelines connecting Nord Stream 1 to end users, while the website of the Nord Stream 1 operator showed no nomination requests as of early Monday. Nord Stream 1 is by far the biggest Russian gas pipeline to Europe, carrying up to 59.2 billion cubic metres of gas per year. Buyers for the NEL gas pipeline nominated 14,291,845 kwh/h of gas during the same time period, based on data from NEL.

☆ The Nord Stream 1 pipeline is missing a turbine that's keeping natural-gas flows out of Russia slow, and Russia and Germany are caught in a blame game over it
▼ + stars: | 2022-08-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The Nord Stream 1 pipeline sends gas from Russia to Germany. Gazprom has cut natural-gas flows via the Nord Stream 1 to Germany twice in the past two months. In June, Gazprom cut flows to about 40% of the pipeline's capacity, citing a turbine's hold-up in Canada as a result of war-related sanctions. In July, Gazprom again cut natural-gas flow to Germany, this time to just 20% of capacity, citing a second turbine that needed maintenance. On July 10, Canada said it would waive sanctions and return the first repaired turbine to Russia to ensure continued gas flows in Europe.

☆ Kremlin says Russia is reliable gas supplier, blames Europe for problems
▼ + stars: | 2022-07-21 | by ( ) www.reuters.com time to read: +2 min

[1/2] Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany, March 8, 2022. read moreThursday's flows were back at 40% capacity, Nord Stream figures showed. In a call with reporters, Kremlin spokesman Dmitry Peskov said that Russia remains "a very important and indispensable part of European energy security". He rebuffed accusations by some Western politicians, including European Commission President Ursula von der Leyen, that Russia was using energy supplies to "blackmail" Europe. He said that because of sanctions imposed by the European Union, Nord Stream 1 faced challenges in equipment maintenance.

Persons: Hannibal Hanschke, Vladimir Putin, Dmitry Peskov, Putin, Ursula von der Leyen, Peskov, David Goodman, Philippa Fletcher Organizations: REUTERS, Gazprom, Moscow, Siemens Energy, European, European Union, Reuters, Thomson Locations: Lubmin, Germany, Russia, Ukraine, Europe, Russian, Canada, Nord

Search resuls for: "Siemens Energy"

4 mentions found