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The Latest Breaking News from Siemens Energy

Siemens Energy CEO: Onshore Wind Business Fix Will Take Years

Siemens Energy AGM discusses challenges in onshore wind business and commitment to long-term improvement.

Top News

Should Investors Buy or Hold These 3 Software Stocks?

The robust expansion of the software market is underpinned by escalating data volumes, heightened cybersecurity needs, and the transformative effects of remote work. Against this scenario, let us assess software stocks ServiceNow (NOW), Tenable Holdings (TENB), and WM Technology (MAPS) to evaluate their potential. Read more….

StockNews.com

Xi-Biden meeting highlights trade ties between China and US

As Chinese President Xi Jinping lands in San Francisco to attend the APEC summit and meet with his US counterpart Joe Biden, we take a look at the economic relationship between the two countries. In spite of tensions leading to trade restrictions and counter-measures, the two nations' trade was still…

France 24

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German government grants Siemens Energy a loan guarantee to help secure the company

The German government says it is granting a 7.5 billion-euro ($8 billion) loan guarantee to energy technology company Siemens Energy as part of a package to help the firm

The Independent UK

Is crisis at Siemens Energy symptom of a wider wind power problem?

Rising construction and financing costs are likely to require fresh policies from the UK and US

The Guardian - UK

Siemens Energy shares plunge as it seeks government bailout

Engineering group in talks with German ministers to secure 80% of an initial €10bn funding tranche

The Guardian - UK

Siemens Energy to launch fresh recruitment drive as high-tech lab officially opens

Siemens Energy has also created more than 100 jobs over the last year

Birmingham Post

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Economic Development in Iraq Requires Energy Transition

Iraq is one of the world’s largest energy exporters and has the potential to be a reliable global source for energy production and distribution, according to the Managing Director of Siemens Energy in the Middle East Dietmar Siersdorfer. The Middle Eastern country, however, faces many challenges to secure energy at…

Asharq Al-Awsat

Keadby Two Power Station enters commercial operations as the most efficient plant of its kind in Europe

SSE and Siemens Energy deliver latest addition to Humber energy cluster - with work to incorporate hydrogen already underway

Birmingham Post

North East deals of the week: key investments, contracts and acquisitions

Companies featuring in this week's round-up include Emmex Freight Services, Sugarcoat, Siemens Energy and Monument Real Estate

Birmingham Post

Siemens Gamesa blade plant boss says buy-out deal will strengthen ability to serve UK interests

Siemens Energy owns 67 per cent of the 2016 joint venture - now it is looking to secure the balance with Spanish authority's blessing

Birmingham Post

Siemens Energy leads consortium developing game-changing hydrogen prototype

The Newcastle is working with partners on a new £3.5m ammonia cracker prototype

Birmingham Post

Meta Goes Twitter Way With Layoffs, Twitter Might Want Some People Back After Firing Them, Coal Miners Terminate $6B Combination Discussions: Top Stories Monday, Nov. 07

Wall Street Journal

Benzinga

Egypt Seeks to Become Regional Hub to Produce, Exchange Renewable Energy

Egypt’s President Abdel Fattah al-Sisi met with Chairman of the Supervisory Board of Siemens Energy Joe Kaeser in Cairo on Sunday. Egypt’s Minister of Electricity and Renewable Energy Dr. Mohamed Shaker, President and CEO of Siemens Energy AG Dr.-Eng. Christian Bruch, and Managing Director of Siemens Energy in Egypt Engineer…

Asharq Al-Awsat

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Reuters

Kremlin: hard to predict impact on Russian gas transit from Ukraine's arbitration

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine)

Reuters

Exclusive-Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told Reuters on Tuesday.

Reuters

Kremlin blames Europe for Nord Stream 1 halt, saying sanctions hamper maintenance

The Kremlin blamed European politicians on Sunday for keeping shut the Nord Stream 1, one of its main gas supply routes, saying their economic sanctions on Russia had hindered Gazprom's maintenance of the pipeline.

Asharq Al-Awsat

Russia Keeps Pipeline Shut as Gazprom, Siemens Energy Wrangle

Russia kept one of its main gas supply routes to Europe shut on Saturday, stoking fears of winter fuel shortages and spotlighting differences between Gazprom and Germany's Siemens Energy over repair work on the pipeline. Already struggling to tame soaring gas prices, European governments had expected the Nord Stream 1…

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The Guardian - UK

EU ‘prepared to meet challenge’ if Russia fails to respect energy contracts

Comments come after Gazprom extends shutdown of gas supply through Nord Stream 1 to Germany

Al Jazeera

Russia’s Gazprom keeps gas pipeline to Germany turned off

Energy giant says it cannot restart gas deliveries after finding faults in Nord Stream 1 pipeline during maintenance.

Reuters

Russia scraps gas pipeline reopening, stoking European fuel fears

Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.

Reuters

Russia delays reopening of Nord Stream in blow to gas-starved Europe

Russia has scrapped a Saturday deadline to resume gas flows via the Nord Stream 1 pipeline, one of the main supply routes to Europe, after saying it discovered a fault during maintenance, deepening Europe's difficulties in securing fuel for winter.

The Independent UK

German leader says gas pipeline part is ready for Russia

German Chancellor Olaf Scholz has inspected a mechanical turbine at the center of a natural gas dispute with Russia

Reuters

Germany's Scholz says Russia has no reason to hold up turbine return

German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return of a gas turbine for the Nord Stream 1 pipeline that had been serviced in Canada but has since been stranded in Germany in an escalating energy standoff.

Evening Standard

The Leader podcast: New cold war on heat? Russia’s Gazprom cuts EU gas

Nord Stream 1 to cut Germany gas supply to 20%, citing turbine issues

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