Uniper Reports Huge Loss as Russia Cuts Gas Flows

Uniper, Germany’s largest importer of natural gas, has had to pay high prices for gas on the open market to make up for the drop in Russian deliveries.

#gazprom, #germany, #natural-gas, #nord-stream-ag, #prices-fares-fees-and-rates, #russia, #russian-invasion-of-ukraine-2022, #uniper-se

Subsidies in the Climate Bill Keep Oil and Gas Alive

A big winner is carbon capture technology. Subsidies will lock in fossil fuel use.

#alternative-and-renewable-energy, #carbon-caps-and-emissions-trading-programs, #carbon-capture-and-sequestration, #carbon-dioxide, #coal, #electric-light-and-power, #energy-department, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #inflation-reduction-act-of-2022, #infrastructure-investment-and-jobs-act-2021, #law-and-legislation, #manchin-joe-iii, #natural-gas, #oil-petroleum-and-gasoline, #senate, #tax-credits-deductions-and-exemptions, #united-states

The Sunday Read: ‘How One Restaurateur Transformed America’s Energy Industry’

Charif Souki’s long-shot bet on liquid natural gas paid off handsomely — and turned the United States into a leading fossil-fuel exporter.

#global-warming, #greenhouse-gas-emissions, #los-angeles-calif, #natural-gas, #oil-petroleum-and-gasoline, #souki-charif, #the-daily-radio-program

Estonia Never Needed to Import Gas by Ship. Until It Did.

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.

#embargoes-and-sanctions, #european-commission, #european-parliament, #gazprom, #international-relations, #natural-gas, #pipelines, #russian-invasion-of-ukraine-2022

Europe’s Energy Crisis May Get A Lot Worse

Do Americans understand the stakes across the Atlantic?

#energy-and-power, #europe, #internal-sub-only-nl, #natural-gas, #oil-petroleum-and-gasoline, #putin-vladimir-v, #russian-invasion-of-ukraine-2022

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.

#appalachian-region, #campaign-finance, #center-for-responsive-politics, #demonstrations-protests-and-riots, #global-warming, #greenhouse-gas-emissions, #manchin-joe-iii, #marcellus-shale, #natural-gas, #oil-petroleum-and-gasoline, #pipelines, #regulation-and-deregulation-of-industry, #schumer-charles-e, #suits-and-litigation-civil, #united-states-politics-and-government, #west-virginia

Germany Tells Russia’s Gazprom Its Turbine Is Ready for Pipeline

Olaf Scholz showed off a refurbished turbine for the Nord Stream 1 pipeline that Russia has said is the reason it can’t send more gas to Germany.

#germany, #natural-gas, #nord-stream-ag, #pipelines, #russia, #russian-invasion-of-ukraine-2022, #scholz-olaf-1958, #schroder-gerhard, #siemens-ag

The Effect of Russian Embargoes on the War in Ukraine

Russia’s peculiar economic war with the West.

#economic-conditions-and-trends, #economics-theory-and-philosophy, #embargoes-and-sanctions, #internal-sub-only-nl, #international-relations, #international-trade-and-world-market, #natural-gas, #russian-invasion-of-ukraine-2022, #united-states-international-relations, #war-and-armed-conflicts

How Joe Manchin Shaped the Climate Change Bill

Along the way to the $369 billion package, the West Virginia senator secured an array of concessions for his state and for the fossil fuel industry.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #black-lung-disease, #carbon-capture-and-sequestration, #coal, #democratic-party, #drilling-and-boring, #electric-and-hybrid-vehicles, #global-warming, #greenhouse-gas-emissions, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #mines-and-mining, #natural-gas, #offshore-drilling-and-exploration, #oil-petroleum-and-gasoline, #pipelines, #senate, #tax-credits-deductions-and-exemptions, #united-states-economy, #united-states-politics-and-government

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.

#arcelormittal-sa, #coal, #europe, #factories-and-manufacturing, #gazprom, #heating, #natural-gas, #pipelines, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #weather, #winter-season

Climate Bill ‘Transformative’ for Auto and Energy Industries

The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.

#automobiles, #batteries, #carbon-capture-and-sequestration, #china, #democratic-party, #electric-and-hybrid-vehicles, #energy-and-power, #factories-and-manufacturing, #fuel-efficiency, #fuel-emissions-transportation, #global-warming, #greenhouse-gas-emissions, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #methane, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #reicher-dan-w, #stokes-leah, #tax-credits-deductions-and-exemptions, #united-states, #united-states-economy, #united-states-politics-and-government, #used-cars, #warren-mich

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.

#augsburg-germany, #bavaria-germany, #economic-conditions-and-trends, #energy-and-power, #energy-efficiency, #europe, #european-union, #gazprom, #germany, #heating, #international-relations, #natural-gas, #nord-stream-ag, #oil-petroleum-and-gasoline, #politics-and-government, #russian-invasion-of-ukraine-2022, #shortages, #siemens-ag, #war-and-armed-conflicts

Nobody Talks About How Fracking Was an Extraordinary Boondoggle

There’s a lesson here on what big investments in clean energy could deliver.

#alternative-and-renewable-energy, #hydraulic-fracturing, #internal-sub-only-nl, #natural-gas, #oil-petroleum-and-gasoline, #russian-invasion-of-ukraine-2022, #united-states

Germany Counts on Chilled Gas to Keep Warm Over Winter

As Russia squeezes the flow of natural gas, German officials are urgently turning toward an option they had earlier disregarded: liquefied natural gas.

#embargoes-and-sanctions, #europe, #european-union, #germany, #natural-gas, #north-sea, #politics-and-government, #russia, #russian-invasion-of-ukraine-2022, #uniper-se, #wilhelmshaven-germany

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.

#economic-conditions-and-trends, #embargoes-and-sanctions, #energy-and-power, #energy-efficiency, #europe, #european-commission, #european-union, #gazprom, #germany, #international-relations, #international-trade-and-world-market, #natural-gas, #nord-stream-ag, #oil-petroleum-and-gasoline, #pipelines, #politics-and-government, #putin-vladimir-v, #rationing-and-allocation-of-resources, #russian-invasion-of-ukraine-2022, #storage, #ukraine, #united-states-international-relations, #von-der-leyen-ursula, #war-and-armed-conflicts, #zelensky-volodymyr

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.

#embargoes-and-sanctions, #european-commission, #european-union, #gazprom, #germany, #natural-gas, #nord-stream-ag, #pipelines, #putin-vladimir-v, #rationing-and-allocation-of-resources, #russia, #russian-invasion-of-ukraine-2022, #shortages, #siemens-ag, #ukraine, #von-der-leyen-ursula

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.

#europe, #european-union, #gazprom, #germany, #natural-gas, #nord-stream-ag, #pipelines, #putin-vladimir-v, #russian-invasion-of-ukraine-2022

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.

#finland, #gazprom, #germany, #natural-gas, #politics-and-government, #russia, #russian-invasion-of-ukraine-2022, #uniper-se

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.

#europe, #gazprom, #germany, #natural-gas, #nord-stream-ag, #pipelines, #politics-and-government, #russia, #russian-invasion-of-ukraine-2022

With Russian Cutoff Feared, Europeans Are Told to Curb Natural Gas Use

The European Union’s executive branch says member countries must cut consumption by 15 percent between now and the springtime to stave off a major crisis as Russia weaponizes its exports.

#embargoes-and-sanctions, #europe, #european-commission, #european-union, #france, #germany, #international-trade-and-world-market, #natural-gas, #pipelines, #putin-vladimir-v, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #von-der-leyen-ursula

Heat Wave Complicates Global Energy Crisis and Climate Fight

First, Russia upended the world energy market, then searing temperatures drove up demand for energy, forcing some of the world’s largest economies to scramble to secure power for their citizens.

#alternative-and-renewable-energy, #electricite-de-france-edf, #europe, #global-warming, #greenhouse-gas-emissions, #heat-and-heat-waves, #natural-gas, #oil-petroleum-and-gasoline, #politics-and-government, #russian-invasion-of-ukraine-2022

Germany Hopes to Outrace a Russian Gas Cutoff and Bone Cold Winter

Europe’s largest economy and key energy hub still depends on gas supplies now ensnared in conflict. Here’s how Germany is preparing and what is at stake.

#economic-conditions-and-trends, #germany, #natural-gas, #nord-stream-ag, #oil-petroleum-and-gasoline, #pipelines, #politics-and-government, #russia, #russian-invasion-of-ukraine-2022, #steel-and-iron, #uniper-se

The Ukraine War Is About to Enter a Dangerous New Phase

NATO is making one bet and Russia another.

#economic-conditions-and-trends, #food, #natural-gas, #north-atlantic-treaty-organization, #oil-petroleum-and-gasoline, #putin-vladimir-v, #russia, #russian-invasion-of-ukraine-2022, #ukraine, #zelensky-volodymyr

How One Restaurateur Transformed America’s Energy Industry

Charif Souki’s longshot bet on liquid natural gas, or L.N.G., paid off handsomely — and turned the United States into a leading fossil-fuel exporter.

#hydraulic-fracturing, #international-trade-and-world-market, #natural-gas, #oil-petroleum-and-gasoline, #simpson-nicole-brown, #supply-chain, #united-states

Is gas green?

Climate advocates are warning against a European proposal to subsidize the fossil fuel.

#european-union, #global-warming, #greenhouse-gas-emissions, #internal-storyline-no, #internal-sub-only-nl, #natural-gas

Gas Piped Into Homes Contains Benzene, Other Risky Chemicals, Study Finds

While the concentrations are low, the chemicals are potentially dangerous and some are linked to cancer risk, the researchers found.

#chemicals, #global-warming, #hazardous-and-toxic-substances, #home-appliances, #methane, #natural-gas

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.

#economic-conditions-and-trends, #europe, #gazprom, #germany, #natural-gas, #netherlands, #nord-stream-ag, #pipelines, #russian-invasion-of-ukraine-2022

Can Natural Gas Be Used to Create Power With Fewer Emissions?

One company says it has the technology. And though investors looking for cleaner power generation are lining up, some environmentalists are skeptical.

#alternative-and-renewable-energy, #carbon-capture-and-sequestration, #carbon-dioxide, #global-warming, #greenhouse-gas-emissions, #methane, #natural-gas, #net-power, #upstart2022

As European Leaders Visit Kyiv, Putin Cuts Their Gas Supply

At a critical moment in the war, Russia is strategically reducing gas flows to drive up prices and hurt European economies already reeling from high inflation.

#economic-conditions-and-trends, #embargoes-and-sanctions, #energy-efficiency, #europe, #germany, #inflation-economics, #natural-gas, #pipelines, #putin-vladimir-v, #russia, #russian-invasion-of-ukraine-2022

Romania Sees an Opening to Become an Energy Power in Europe

The Ukraine war could lead to breakthroughs in nuclear power and natural gas, with Washington’s help.

#bucharest-romania, #electric-light-and-power, #europe, #exxon-mobil-corp, #natural-gas, #nuclear-energy, #oil-petroleum-and-gasoline, #romania, #russian-invasion-of-ukraine-2022

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.

#defense-and-military-forces, #embargoes-and-sanctions, #europe, #european-union, #gazprom, #global-warming, #greenhouse-gas-emissions, #international-energy-agency, #international-trade-and-world-market, #kyiv-ukraine, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #treasury-department, #war-and-armed-conflicts, #yellen-janet-l

Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices

The president’s trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it is not clear that anything else he might do would work, either.

#biden-joseph-r-jr, #carter-jimmy, #embargoes-and-sanctions, #international-relations, #international-trade-and-world-market, #iran, #mohammed-bin-salman-1985, #natural-gas, #oil-petroleum-and-gasoline, #politics-and-government, #presidents-and-presidency-us, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #saudi-arabia, #united-states-international-relations, #venezuela

Europe’s Russian Oil Ban Could Mean a New World Order for Energy

The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies.

#embargoes-and-sanctions, #energy-and-power, #international-trade-and-world-market, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russian-invasion-of-ukraine-2022, #ships-and-shipping

How Putin Has Played His Energy Cards

The energy realists Jason Bordoff and Meghan O’Sullivan explain why the Ukraine war means a very bumpy ride in the transition off of fossil fuels.

#alternative-and-renewable-energy, #coal, #europe, #european-union, #greenhouse-gas-emissions, #internal-sub-only-nl, #natural-gas, #oil-petroleum-and-gasoline, #politics-and-government, #russia, #russian-invasion-of-ukraine-2022

Omens of Decline for Russia’s Once World-Leading Energy Industry

Sanctions have grounded Russia’s ambitious plans to build its liquefied natural gas capacity. Analysts say it’s a sign of problems ahead.

#arctic-regions, #embargoes-and-sanctions, #exxon-mobil-corp, #international-trade-and-world-market, #natural-gas, #oil-petroleum-and-gasoline, #russia, #russian-invasion-of-ukraine-2022, #total-sa

The War in Ukraine Could Empower Qatar

As the United States and Europe seek to deprive Russia of its oil and gas income, their leaders hope Qatar can help fill the void.

#economic-conditions-and-trends, #natural-gas, #oil-petroleum-and-gasoline, #qatar, #qatarenergy, #russian-invasion-of-ukraine-2022, #thani-tamim-bin-hamad-al, #war-and-armed-conflicts

Biden Administration Cancels Oil Drilling Sales in Alaska and Gulf of Mexico

Republicans link the move to rising gas prices while the administration said it was a result of conflicting legal opinions and a lack of interest among bidders.

#alaska, #biden-joseph-r-jr, #federal-lands, #global-warming, #greenhouse-gas-emissions, #gulf-of-mexico, #natural-gas, #offshore-drilling-and-exploration, #oil-petroleum-and-gasoline

U.S. gasoline prices hit a high, but the oil market may signal relief.

The average gallon of regular fuel reached $4.37. But West Texas crude fell below $100, a decline of roughly 10 percent since the weekend.

#inflation-economics, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #united-states-economy

Europe’s Quest to Replace Russian Gas Faces Plenty of Hurdles

Climate concerns, investor reticence and political disputes complicate a shift to supplies from the United States, North Africa and the Mediterranean.

#europe, #germany, #greenhouse-gas-emissions, #international-trade-and-world-market, #natural-gas, #pipelines, #russia, #russian-invasion-of-ukraine-2022, #united-states

Europe Is About to Ban Russian Oil: What Happens Next?

Policymakers want to stop financial support to a war machine. Replacing that energy supply is going to be difficult and expensive for consumers.

#economic-conditions-and-trends, #embargoes-and-sanctions, #europe, #european-union, #germany, #hungary, #lukoil, #natural-gas, #oil-petroleum-and-gasoline, #politics-and-government, #russian-invasion-of-ukraine-2022, #united-states-international-relations

High Electric Bills Get Ready for Another Energy Price Spike: High Electric Bills

Rates have jumped because of a surge in natural gas prices and could keep rising rapidly for years as utilities invest in electric grids.

#alternative-and-renewable-energy, #electric-and-hybrid-vehicles, #electric-light-and-power, #energy-efficiency, #global-warming, #greenhouse-gas-emissions, #heating, #hydroelectric-power, #international-trade-and-world-market, #massachusetts, #natural-gas, #new-england-states-us, #oil-petroleum-and-gasoline, #oregon, #prices-fares-fees-and-rates, #regulation-and-deregulation-of-industry, #solar-energy, #summer-season, #wind-power

Why Americans Became More Vulnerable to Oil Price Spikes

When prices soared years ago, Americans launched broad efforts to wean the nation off oil and gas to protect households from price swings. But then supply rose and plans fizzled.

#energy-efficiency, #fuel-efficiency, #global-warming, #greenhouse-gas-emissions, #natural-gas, #oil-petroleum-and-gasoline, #united-states-economy

Oil And Gas Companies Need a Shorter Leash

Government support could be the deciding factor in whether a new generation of climate-damaging infrastructure gets built.

#drilling-and-boring, #global-warming, #greenhouse-gas-emissions, #international-trade-and-world-market, #methane, #natural-gas, #oil-petroleum-and-gasoline, #strategic-petroleum-reserve-us

Germany Is Preparing to Forgo Russian Gas. But a Quick Cutoff Would Hurt

“We have to be ready for it,” the German chancellor said a day after Russia quit providing natural gas to Poland and Bulgaria.

#embargoes-and-sanctions, #germany, #natural-gas, #politics-and-government, #russia, #russian-invasion-of-ukraine-2022, #scholz-olaf-1958

A Wider Cutoff of Russian Gas Would Hit Europe’s Economy

The euro slumped to a five-year low on worries about energy security and a slowdown in European growth.

#economic-conditions-and-trends, #embargoes-and-sanctions, #euro-currency, #europe, #european-union, #eurozone, #natural-gas, #recession-and-depression, #russian-invasion-of-ukraine-2022

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.

#bulgaria, #gazprom, #natural-gas, #pipelines, #poland, #russian-invasion-of-ukraine-2022

Can Japan Keep the Lights On? The Ukraine War Upends a Big Energy Bet.

The world’s third-largest economy has counted on imported liquefied natural gas as it shuts coal-fired plants and keeps nuclear sites closed. But Russia’s invasion has pushed prices sharply higher.

#alternative-and-renewable-energy, #electric-light-and-power, #energy-and-power, #international-trade-and-world-market, #japan, #natural-gas, #russian-invasion-of-ukraine-2022

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.

#gazprom, #international-trade-and-world-market, #natural-gas, #russia, #russian-invasion-of-ukraine-2022, #ukraine

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.

#gazprom, #natural-gas, #nord-stream-ag, #pipelines, #poland, #russian-invasion-of-ukraine-2022

Why U.S. Oil Companies Aren’t Riding to Europe’s Rescue

American energy production has only inched up because executives fear that oil and gas prices won’t stay high.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #coronavirus-2019-ncov, #energy-and-power, #europe, #global-warming, #greenhouse-gas-emissions, #inflation-economics, #international-trade-and-world-market, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #production, #russia, #russian-invasion-of-ukraine-2022, #stocks-and-bonds, #united-states, #united-states-international-relations