News: RWE AG (RWEG_p.DE)
Thu, Jan 22 2015
DAVOS, Switzerland, Jan 22 - Ukraine plans to cover up to 60 percent of its gas import needs this year from Europe, leaving its once-dominant supplier Russia delivering the rest, the head of the state energy firm told Reuters on Thursday.
* Says difficult to lower debt-to-earnings ratio to 3 by 2016 (Adds comments on Urenco, leverage)
BERLIN - RWE is exploring the sale of power plants, its chief operating officer told Reuters on Tuesday, frustrated with profit erosion and lack of political support for its struggling generation units.
FRANKFURT - German utility RWE will complete the sale of oil and gas unit DEA [RWEDE.UL] to Russian tycoon Mikhail Fridman by early March, it said on Friday, easing fears of a potential collapse.
* RWE shares rise more than 7 pct (Adds comment from the British government)
PRAGUE - German utility RWE has invested in a new onshore wind farm in Poland and expects to connect this renewable project to the country's electricity grid by the end of 2015, the company said on Monday.
PRAGUE, Jan 12 - German utility RWE has invested in a new onshore wind farm in Poland and expects to connect this renewable project to the country's electricity grid by the end of 2015, the company said on Monday.
FRANKFURT, Dec 19 - RWE on Friday confirmed it was still unclear whether talks to sell its oil and gas unit DEA to Russian tycoon Mikhail Fridman would be concluded this year, adding some third party approval was still outstanding.
FRANKFURT - Workers at German utility RWE will receive a 2.3 percent pay increase from July 2015, German trade union IG BCE said in a statement on Tuesday, adding it and fellow union Verdi had accepted the offer.
FRANKFURT, Dec 1 - German utility RWE on Monday said it would stay as one after its closest rival E.ON on Sunday announced a split into two entities, in reflection of the weak energy business environment.