The German chemical giant blamed a drop in profits on stubbornly high natural gas prices and shifting global demand.
Tag: Natural Gas
China’s Oil and Gas Use Fell in 2022 for First Time in Decades
Pandemic lockdowns curbed Chinese energy demand, but the International Energy Agency expects a rebound this year.
Your Thursday Briefing: Tanks for Ukraine
Also, China’s natural gas shortage and India’s efforts to quash a Modi documentary.
Natural Gas Shortages Hit China as Temperatures Plunge
Local governments starved for cash after enormous spending on costly “zero Covid” measures cannot afford to keep up adequate supplies of gas.
U.S. Carbon Emissions Grew in 2022, Even As Renewables Surpassed Coal
Emissions ticked up 1.3 percent last year, even as renewables surpassed coal.
Investigating the Nord Stream Pipeline Sabotage
As investigators piece together clues, Russia has quietly taken steps to begin expensive repairs on the giant gas pipeline, complicating theories about who was behind September’s sabotage.
For Moldova, War Next Door Brings Energy Crunch and Paid Protests
The tiny country, starved of natural gas and electricity because of the conflict in neighboring Ukraine, is confronting street rallies bankrolled by a pro-Russian politician to target its pro-Western government.
Turkey Is Strengthening Its Energy Ties With Russia
As Moscow seeks new customers for oil, gas and coal, Ankara is a willing buyer as it promotes plans as a regional trading hub.
Qatar Extends Its Natural Gas Dominance at Russia’s Expense
As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion of Ukraine.
The Texas Public Policy Foundation’s National Crusade Against Climate Action
The Texas Public Policy Foundation is shaping laws, running influence campaigns and taking legal action in a bid to promote fossil fuels.