Energy companies say they need extra financing to cover future commitments as natural gas prices remain near record levels.
Tag: Natural Gas
Source of Mysterious Gas Leak Explosion in Canadian Town Stumps Officials
An explosion last summer in an Ontario community built on 19th-century gas wells has left locals searching for answers and some certainty that their town will ever recover.
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.
U.S. Threat to Squeeze Russia’s Economy Is a Tactic With a Mixed Record
Sanctions, like aiming to cut oil exports, could also hurt European allies. “It’s a limited toolbox,” one expert said.
Germany Suspends Approval of Gas Pipeline, Sending Prices Soaring
The decision to delay certification of the Russia-to-Germany gas pipeline comes amid rising political tensions between the West and Russia.
A Russian Pipeline Changes Direction, and Energy Politics Come to the Fore
Amid an energy crunch in Europe, one of Russia’s largest natural gas pipelines began pulling gas out of Western Europe back eastward, Russian news agencies reported.
On a Pacific Island, Russia Tests Its Battle Plan for Climate Change
President Vladimir V. Putin long dismissed the threat posed by global warming. But fires, disasters and foreign pressure have prompted him to change course.
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.
As Europe Faces a Cold Winter, Putin Seizes on the Leverage From Russia’s Gas Output
Critics claim Russia is manipulating the flow of gas to push up prices, but for Vladimir Putin it’s schadenfreude over Western European nations that he sees as unprepared.
Norway’s ‘Climate Election’ Puts Center-Left in Charge
Global warming and the future of the country’s oil and gas industry dominated the election campaign, yet smaller parties with ambitious approaches on climate fared less well than expected.