In brief | 19 May ‘26

dpa: Germany net exporter of electricity for the first time since 2023 From January to March, 17.9 terawatt hours were exported and 15.3 terawatt hours imported, the Federal Network Agency said.OMV: Production start of Austria’s largest natural gas discovery in 40 years Around 11 terawatt hours (TWh) of gas to be developed in first phase, with deliveries planned for winter 2026/27, and total recoverable resources of up to 48 TWh.Reuters: IEA chief warns commercial oil inventories are depleting rapidly, only weeks left Release of strategic oil reserves ​added 2.5 million barrels of oil per day to the market, but reserves "are not endless".DW: Germany's crisis-hit chemical industry seeks revival Hit by high energy costs and regulation, Germany's chemical companies are scaling back production at home while expanding abroad.Bloomberg: German government launches privatisation of energy firm Uniper Government is considering several options for the state-rescued company, including an initial public offering or a sale.UNEP: Climate action key to affordable housing, but buildings decarbonisation stalls Globally, buildings are becoming more energy efficient, but progress is too slow; operational emissions increased by 1 percent to 9.9 gigatonnes of CO₂ in 2024.

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