This tiny Baltic nation is set to complete Europe’s first new liquefied natural gas project since Russia set off a race for energy security with its invasion of Ukraine.
Tag Archives: Gazprom
Europe’s Race to Secure New Energy Sources Is on a Knife’s Edge
A long-term switch to more renewable sources has been overtaken by a short-term scramble to stave off a crisis.
Germans Tip-Toe Up the Path to Energy Savings
Local leaders find themselves at the front line of Europe’s conservation efforts, fearing a Russian gas cut. It’s not an easy place to be.
Facing ‘Putin’s Energy Blackmail,’ Europe Agrees to Cut Russian Gas Use
Holding together despite some nations’ dependence on Russia, the European Union agreed to make voluntary savings mandatory if the Kremlin suddenly decides to turn off the taps over its invasion of Ukraine.
Russia Cuts Gas Flow to Europe, Intensifying Fears It Is Weaponizing Fuel
On the eve of a European Union meeting to debate a gas conservation plan to make the bloc less vulnerable to a Russian squeeze, Moscow slashed the flow to Germany.
Russia Announces Deeper Cuts in Natural Gas Flows to Germany
Gazprom, Russia’s state energy giant, said it would halve the amount of gas it sends to Germany through the Nord Stream 1 pipeline, bringing it down to 20 percent of capacity.
Germany Takes a Stake in Struggling Gas Provider Uniper
The German government agreed to acquire a 30 percent stake in the company, one of the country’s largest suppliers of natural gas, and expanded a crucial credit line.
Russia Restarts Gas Shipments Through Pipeline, but Keeps Germany Guessing
Russia is again sending natural gas through the Nord Stream 1 pipeline to Germany, but nobody knows how much and how long the fuel will flow.
Russia Cuts Gas Flows as Europe Races to Stock Up for Winter
The routine summer practice of filling Europe’s natural gas tanks has become a battle after Russia cut deliveries by more than half.
Russia’s Oil Revenue Soars Despite Sanctions, Study Finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
Russia Hustles to Recruit Soldiers and Halts Gas Supplies to Finland
The war has evolved into something of a stalemate that has seriously depleted Russia’s conventional war capabilities, even as it has made some gains.
Russia’s gas cutoff to Poland and Bulgaria should be manageable, analysts say.
Poland’s gas storage facilities are 75 percent full, and it has been working for years to avoid being held to ransom by Moscow over energy.
Russia Cuts Gas Supplies to Poland and Bulgaria
The market reaction underscored that a dreaded moment in the war had arrived: the severe disruption of Russian natural gas exports to the E.U.
Russia Cuts Off a Major Supply of Natural Gas to Poland
Poland gets more than 45 percent of its natural gas from Russia, most of it through a single pipeline that will no longer make deliveries to the country.
How the Ex-Chancellor Gerhard Schröder Became Putin’s Man in Germany
Gerhard Schröder, who is paid almost $1 million a year by Russian-controlled energy companies, has become a pariah. But he is also a symbol of Germany’s Russia policy.
Germany’s Dependence on Russian Gas Is Difficult to Break
Dangerously dependent on Russian gas, Germany is still refusing to cut off President Putin, whose war it is effectively subsidizing to the tune of some $220 million a day.
Germany is Dependent on Russian Gas, Oil and Coal: Here’s Why
Under increasing pressure to sever the country’s reliance on Russian energy, German officials must contend with deeply rooted economic ties.
Lithuania Says It Has Stopped Importing Gas From Russia
Although tiny, Lithuania is the largest economy in the Baltic States and a eurozone member, giving the decision significance to European nations. “If we can do it, the rest of Europe can do it too,” the president said.
How Europe Got Hooked on Russian Gas Despite Reagan’s Warnings
A Soviet-era pipeline, opposed by the president but supported by the oil and gas industry, set up the dependency that today helps fund the Russian assault on Ukraine.
As Sanctions Batter Economy, Russians Face the Anxieties of a Costly War
The ruble plunged, the stock market was shuttered and foreign investors shed holdings in Russian companies, deepening the concern among citizens who had become accustomed to the perks of globalization.
Why the Toughest Sanctions on Russia Are the Hardest for Europe to Wield
Moscow relies on the money it makes by selling oil and gas, but that energy fuels Europe’s economy and heats its homes.
Germany Is Trying to Rely Less on Russian Energy
An increasingly belligerent Russia, an energy crunch and a new Green minister of economics all add up to a change of direction in Germany’s policy on natural gas.
Facing Tough Election, Orban Turns to Putin for Support
The Hungarian leader made his name by defying Moscow. But he has increasingly turned toward Russia in an effort to secure the natural gas he needs to keep energy prices low and voters happy.
Where Is Germany in the Ukraine Standoff? Its Allies Wonder.
Germany’s allies have begun to question what price Berlin is prepared to pay to deter Russia, and even its reliability as an ally, as it wavers on tough measures.
What Happens if Russia Cuts Off Europe’s Natural Gas?
Europe is a huge customer of Russia’s fossil fuels. Gas from the U.S. and elsewhere is helping offset fears of a midwinter cutoff.
Germany Wants Its Russian Pipeline. German Allies Aren’t Sure It’s a Good Idea.
The Nord Stream 2 Russia-to-Germany pipeline could offer plentiful natural gas. But tensions with Vladimir Putin are keeping it out of reach.
At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters
A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.
On a Pacific Island, Russia Tests Its Battle Plan on Climate Change
President Vladimir V. Putin long dismissed the threat posed by global warming. But fires, disasters and foreign pressure have prompted him to change course.
Putin Suggests Germany Approve Nord Stream 2 to Solve Energy Crisis
In his most direct comments to date on the contentious Russian pipeline, President Vladimir V. Putin called it an “obvious” way to relieve Europe’s soaring natural gas prices.
As Europe Faces a Cold Winter, Putin Seizes on the Leverage From Russia’s Gas Output
Critics claim Russia is manipulating the flow of gas to push up prices, but for Vladimir Putin it’s schadenfreude over Western European nations that he sees as unprepared.
Europe’s Energy Prices Soar Amid Switch to Renewable Resources
Britain and the rest of Europe are watching natural gas prices and utility bills soar, and Russia is coming under pressure to provide more gas.
High Natural Gas Prices Strain Europeans, Weighing on Recovery
Crimped supplies and increased demand have pushed energy prices to their highest in years, raising concerns about the winter.
Biden’s Plan to Link Arms With Europe Against Russia and China Isn’t So Simple
The new president’s vow to restore the trans-Atlantic alliance is welcome, but Europeans want a more balanced relationship, with more dialogue and less diktat.
Big Push Into Helium Could Have the World on Russia’s String
It’s not just party balloons. A huge Siberian production plant is expected to reshape the market for a gas that’s essential to many critical industries.
Political Grip Shaky, Belarus Leader Blames Longtime Ally: Russia
Aleksandr G. Lukashenko, who used to call his political foes stooges of the West, is now trying to play on anti-Russian sentiment at home and abroad.
Oil Collapse and Covid-19 Create Toxic Geopolitical Stew
For nations reliant on oil sales, the combination of the price collapse and the coronavirus pandemic has created new threats of poverty and political instability from Iraq to Venezuela.