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.
Tag: Natural Gas
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.
High Natural Gas Prices Strain Europeans, Weighing on Recovery
Crimped supplies and increased demand have pushed energy prices to their highest in years, raising concerns about the winter.
In Deal With Germany, U.S. Drops Threat to Block Russian Gas Pipelines
The agreement infuriated both Republicans and Democrats in Congress, who accused the Biden administration of being soft on Russia.
Angela Merkel Takes a Bow in Washington
Chancellor Angela Merkel of Germany will meet President Biden for talks at the White House during what will most likely be her final trip to Washington before leaving office.
Leaky Gas Pipeline Sparks an Inferno in the Gulf of Mexico
The fire burned for more than five hours before it was extinguished, according to Pemex, the Mexican oil company that controls the pipeline.
Coal Is Set to Roar Back, and So Are Its Climate Risks
To slow down climate change, new coal projects need to end. A global forecast this week shows demand rising sharply.
Exxon Mobil’s Chief Says It Is ‘Supportive’ of Zero-Emission Goals
Darren Woods, in an interview before an annual presentation to investors, also suggested there was common ground with Biden administration policies.
The Climate Desk Looks Ahead to 2021
After a year when climate-related disasters seemed to become the norm, the team will be monitoring a 2021 that is pivotal for the world.