Oil and gas prices are up, and Western energy giants with operations and investments in Russia could find it harder to keep doing business there.
Tag: Energy and Power
Germany Is Trying to Rely Less on Russian Energy
An increasingly belligerent Russia, an energy crunch and a new Green minister of economics all add up to a change of direction in Germany’s policy on natural gas.
Predictions Favored Solar Over Wind Power. What Happened?
One lesson: Renewable technology benefits from early, consistent government support.
German Utilities Seek Extra Funding as Energy Prices Explode
Energy companies say they need extra financing to cover future commitments as natural gas prices remain near record levels.
A Widening Web of Undersea Cables Connects Britain to Green Energy
Linking one nation’s power grid with another’s is considered essential as more electricity is generated from solar and wind.
Germany Wants Its Russian Pipeline. German Allies Aren’t Sure It’s a Good Idea.
The Nord Stream 2 Russia-to-Germany pipeline could offer plentiful natural gas. But tensions with Vladimir Putin are keeping it out of reach.
Shell Plans Shift to Britain, and Dropping ‘Royal Dutch’
The restructuring is meant to make the company more appealing to investors and make it easier to sell assets, the oil giant said.
In France, the People COP26 Forgot Seethe Over Rising Energy Prices
In one area of France, worries about rising energy prices trump anxiety about rising temperatures, raising fears of a resurgence of the Yellow Vest social uprising.
How Rising Energy Prices Have Complicated Europe’s Climate Crisis
Prices for power have soared, and some politicians are now trying to use that as a lever to slow action on climate change, a strategy with far-reaching consequences.
As Western Oil Giants Cut Production, State-Owned Companies Step Up
In the Middle East, Africa and Latin America, government-owned energy companies are increasing oil and natural gas production as U.S. and European companies pare supply because of climate concerns.