The German government may pump another €40 billion ($39 billion) in soon-to-be nationalized German gas importer Uniper to save it from collapse, according to a report from German newspaper Handelsblatt. Read more
Tag: Uniper
German government nationalizes Uniper in a deal that will see it buy Fortnum stake, inject nearly $8 billion
Finnish energy group Fortum Oyj said Wednesday it has agreed to sell its stake in Uniper SE to the German state in a move aimed at securing energy supply in Read more
Germany close to finalizing deal to nationalize Uniper
The German government is reportedly close to fully nationalizing gas producer Uniper to save it from collapsing, Bloomberg reports. Uniper UN01, +2.98%, its main shareholder Finnish state-owned energy company Fortum Read more
Uniper 1H Adj. EBIT Loss EUR564M
By Cristina Roca Uniper SE on Wednesday reported a much-widened loss for the first half of 2022 amid lower shipments of Russian gas and said its full-year earnings should be Read more
German government agrees to rescue package for Uniper
The German government has agreed on a bailout for Uniper UN01, -16.71%, which has been hit by reduced Russian gas imports, the company said. Terms call for the German state Read more
European gas futures slip but traders remain wary of Russia’s intentions
European natural-gas prices nudged lower on Monday, but traders remained wary that Russia planned to further restrict flows to a market already reeling from inadequate supply. The August contract for Read more
Uniper shares bounce after German utility asks for government bailout
Shares in Uniper, the embattled German energy company, recovered ground on Friday, as traders digested the prospects for a government bailout amid hopes for improving gas supply from Russia. After Read more
Uniper shares plummet after scrapping 2022 outlook due to Russian gas supply crunch
Shares in Uniper SE fell sharply after the German utility scrapped its earnings targets for the year as it struggles to overcome natural gas supply restrictions from Russia. At 0854 Read more