Manufacturers are furloughing workers and shutting down lines because they can’t pay the gas and electric charges.
Tag: Natural Gas
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.
Breaking Taboo, Germany Extends Life of 2 Nuclear Reactors
The step is intended to cushion a growing energy crisis in Europe but could upend the country’s plans to become the first industrial power to shutter its program.
Europe’s Leaders Vow Economic Relief, Fearing Unrest
Germany, Sweden and the Czech Republic announced measures to populations feeling the bite of rising inflation and energy costs tied to war in Ukraine.
E.U. Says It Can Endure Winter Without Russian Gas Supply
The European Union economy minister said the bloc was “well prepared” to resist efforts by Moscow to disrupt its energy supply.
Hawaii Closes Its Last Coal-Fired Power Plant
A state law bans the use of coal for energy production beginning next year.