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.
Tag: Natural Gas
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.
Will a Renewed Iran Nuclear Deal Cut Energy Prices?
A successful deal to restrain Iran’s nuclear program would mean that Washington lifts tough sanctions on Iran’s oil and gas exports. But it may already be too late for that to help this winter.
How German Companies Are Staring Down Putin’s Threat to Cut Off Gas
Industrial producers across Germany are coming up with unique ways to cut their dependence on natural gas as Russia’s war in Ukraine keeps prices high.
U.K. Energy Price Cap to Rise 80%, Regulator Says
A regulator detailed the latest increase in gas and electric charges, driven up by the war in Ukraine and expected to further stoke inflation.
Russia’s Gazprom Announces Another Halt to Germany’s Gas Flow
A three-day shutdown of the Nord Stream pipeline, which the company attributed to repairs, is likely to cause jitters in Europe’s largest economy.
Manchin’s Donors Include Pipeline Giants That Win in His Climate Deal
The controversial Mountain Valley Pipeline is one of several projects the senator has negotiated major concessions for, benefiting his financial supporters.
Facing Gas Shortages, Europe Seeks to Shrink Demand for Energy
Germany may be most vulnerable to Russia’s energy squeeze, but many other countries are also facing, at minimum, high prices and restricted supples.