The market reaction underscored that a dreaded moment in the war had arrived: the severe disruption of Russian natural gas exports to the E.U.
Tag: Natural Gas
Russia Cuts Off a Major Supply of Natural Gas to Poland
The moves are Moscow’s first open targeting of Europe with denial of energy.
How the Ex-Chancellor Gerhard Schröder Became Putin’s Man in Germany
Gerhard Schröder, who is paid almost $1 million a year by Russian-controlled energy companies, has become a pariah. But he is also a symbol of Germany’s Russia policy.
Biden Plans to Open More Public Land to Drilling
The president is under pressure to bring down gas prices, but any new drilling would be years away. The fees that companies pay would rise sharply.
Europe Reluctantly Readies Russian Oil Embargo
Officials are drafting a phased import ban on Russian oil products, but the measure won’t be floated until after the second round of the French elections at the earliest.
Methane Emissions Soared to a Record in 2021, NOAA Says
For the second year in a row, concentrations of the potent planet-warming gas jumped by the largest amount since measurements began four decades ago.
Germany’s Dependence on Russian Gas Is Difficult to Break
Dangerously dependent on Russian gas, Germany is still refusing to cut off President Putin, whose war it is effectively subsidizing to the tune of some $220 million a day.
Images of Russian Atrocities Push West Toward Tougher Sanctions
President Biden called for Vladimir Putin to face trial for war crimes, and European officials will meet to consider possibly banning some Russian energy imports.
Stopping Climate Change Is Doable, but Time Is Short, U.N. Panel Warns
A major new scientific report offers a road map for how countries can limit global warming, but warns that the margin for error is vanishingly small.
Lithuania Says It Has Stopped Importing Gas From Russia
Although tiny, Lithuania is the largest economy in the Baltic States and a eurozone member, giving the decision significance to European nations. “If we can do it, the rest of Europe can do it too,” the president said.