The leaks in the Nord Stream under the Baltic Sea heightened fears of shortages because of the clash with Russia, and showed how vital infrastructure could be at risk.
Tag: Natural Gas
An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies
Offshore gas fields in the Mediterranean could become one of several new energy sources for European countries as they seek independence from Russia.
Germany Investigates Leaks in Nord Stream Gas Pipelines
The authorities in Germany, Denmark and Sweden are investigating the cause of leaks in two gas pipelines under the Baltic Sea that caused an abrupt drop in pressure on Monday.
German Government Nationalizes Uniper in Move to Secure Energy Supply
The utility company, once Germany’s largest importer of Russian gas, has been squeezed since Moscow cut the flow of the fuel, leading to a partial bailout in July that is now a full takeover.
Europe’s Energy Crisis Forces Factories to Go Dark
Manufacturers are furloughing workers and shutting down lines because they can’t pay the gas and electric charges.
Ostracized by the West, Russia Finds a Partner in Saudi Arabia
The two oil-producing countries have extended their partnership even as the United States and Europe have sought to punish and isolate Russia for invading Ukraine.
Where the New Climate Law Means More Drilling, Not Less
A compromise built into the law ensures oil and gas leasing in the Gulf of Mexico for the next decade. Activists say the region has been “sacrificed” to fossil fuels.
Liz Truss, New UK Leader, Lays Out Energy Price Cap Plan
Facing severe economic headwinds, Prime Minister Liz Truss announced emergency measures to freeze gas and electricity rates.
EU Leaders Say Putin’s Gas Power Is Weakening
In Germany and elsewhere, leaders are growing more confident that months of work to stockpile and line up alternate energy sources may help them blunt Russia’s weaponization of exports.
E.U. Weighs Russian Gas Price Cap Amid ‘Astronomic’ Energy Prices
The bloc is also considering mandatory cuts in electricity use and taxes on oil and gas companies.