First, Russia upended the world energy market, then searing temperatures drove up demand for energy, forcing some of the world’s largest economies to scramble to secure power for their citizens.
Tag: Natural Gas
France Will Renationalize EDF
The state already has a majority stake in France’s main electricity and nuclear company. The move reflected President Emmanuel Macron’s desire to champion economic and energy sovereignty.
Germany Set to Allow Bailout of Uniper, Its Largest Natural Gas Importer
Berlin and Paris are preparing bailouts as Europe braces for further cuts to gas supplies next week and economists warn of a recession.
How One Restaurateur Transformed America’s Energy Industry
Charif Souki’s longshot bet on liquid natural gas, or L.N.G., paid off handsomely — and turned the United States into a leading fossil-fuel exporter.
E.U. Leaders Prepare In Case Russia Turns Off Gas Supply
The tapering of gas has forced Germany, Europe’s economic engine, to escalate its energy emergency protocol and urge residents to conserve power. The next step is rationing.
Germany Says It Will Restart Coal Power Plants to Save Natural Gas
It was one of a series of measures announced by Germany’s economy minister, as Europe takes steps to deal with reduced energy supplies from Russia.
Germany Says It Will Restart Coal Power Plants to Save Natural Gas
It was one of a series of measures announced by Germany’s economy minister, as Europe takes steps to deal with reduced energy supplies from Russia.
As European Leaders Visit Kyiv, Putin Cuts Their Gas Supply
At a critical moment in the war, Russia is strategically reducing gas flows to drive up prices and hurt European economies already reeling from high inflation.
Russia’s Oil Revenue Soars Despite Sanctions, Study Finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.