Energy-intensive industry in Germany falls 15.2% as energy prices bite Germany’s energy-intensive industry declined 15.2% between February 1, 2022 and March 31, 2026 as soaring energy costs reshaped output and …
Output
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Business
Tesla announces $250 million Grünheide expansion to boost battery cell output to 18 GWh
by Leo Müllerby Leo MüllerTesla expands Grünheide battery cell production with $250 million investment Tesla to invest $250M (€210M) to expand Grünheide battery cell production to 18 GWh, hire 1,500 workers, and integrate cell …
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Business
OPEC+ increases June oil output by 188,000 bpd after UAE exit
by Leo Müllerby Leo MüllerUAE Exit from OPEC Spurs OPEC+ to Raise June Oil Production OPEC+ members pledge an extra 188,000 barrels per day for June after the UAE exit from OPEC, a move …
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Business
OPEC+ raises June oil output by 188,000 barrels daily after UAE exit
by Leo Müllerby Leo MüllerOPEC+ raises June output by 188,000 barrels per day after UAE exit OPEC+ raises June output by 188,000 barrels per day after the UAE exit; seven members boost supplies amid …
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Business
PCK refinery cuts output to 80 percent after Russia stops Kazakh crude
by Leo Müllerby Leo MüllerPCK refinery cuts throughput to 80% after Russia halts Druzhba crude transit Russia halted Druzhba transit on May 1, forcing the PCK refinery near Berlin to cut throughput to 80% …
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Business
Feralpi invests €120 million to expand Riesa rolling mill and boost output
by Leo Müllerby Leo MüllerFeralpi Riesa investment: Italian steelmaker opens €120m rolling mill and bets on German recovery Feralpi Riesa investment: Italian steelmaker opens €120m mill, raising capacity to 1.3M t and betting on …