The news that RWE have withdrawn their recent planning application has spread to a range of media outlets.
The BBC carried several reports and John Harold Director of the Snowdonia Society featured on Good Afternoon Wales (41mins in) 152 more words
RWE’s contract in Gulf of Suez concession ends in July 2017; with no request for renewal.
The Ministry of Petroleum owes its German partner RWE $400m in dues in exchange for its stake in oil and gas from concession areas. 319 more words
Last week, Berlin’s parliament voted to pull its money out of coal, gas and oil companies. The new investment policy, part of the German capital’s goal of completely weaning off carbon by 2050, will force the city’s pension fund — worth $852.8 million, or €750 million — to divest from shares of German oil giants RWE and E.ON, as well as the French behemoth Total. 126 more words