The U.S. imposed new sanctions on Russian officials and companies, and penalized foreign businesses aiding the Russian military. But officials are holding back on energy sanctions.
Tag: Oil (Petroleum) and Gasoline
US Penalizes Chinese Companies for Aiding Iran’s Oil Exports
The move suggests a more aggressive approach by the Biden administration after talks to revive a 2015 nuclear deal faltered.
Gas Flares Might Release More Methane Than Thought, Study Finds
Flaring, meant to burn off the planet-warming gas at industrial sites, doesn’t always work as intended, according to researchers.
CIA Warned Europe of Potential Attacks on Nord Stream Pipelines
The warning was not specific, the officials said, and they declined to say whether Russia was identified as a possible attacker.
Nord Stream Pipeline Breaks Look Deliberate, Europeans Say
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.
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.
For China’s Auto Market, Electric Isn’t the Future. It’s the Present.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition.
Haiti’s Fuel Price Hike Escalates Its Worst Protests in Years
Discontent over economic misery spilled into the largest national protests in years, prompting international calls for action.
In ‘Cancer Alley,’ Judge Blocks Huge Petrochemical Plant
The company, an affiliate of Formosa Plastics, said it intended to move forward with the $9.4 billion complex in St. James Parish despite the ruling.