TAG: LNG
Europe’s new energy risk: Trading Russia for America
On cloudy days, from his house John Beard can see the fireballs lighting up the dark sky, flares from the distant fossil fuel plants where he once made his living as a technician.The fiery discharge of excess gas is a constant reminder of the industry tha...
6 months ago
UK strikes energy deal with firm linked to Putin’s gas exports
LONDON — U.K. hospitals, town halls and government departments will be heated via a massive energy deal with a subsidiary of a firm still importing Russian gas to Europe — just days after U.K. ministers boasted they were “driving Putin out of the market.”...
6 months ago
France talks tough on Ukraine while gobbling up more Russian gas
BRUSSELS — Put your money where your mouth is.Such grumbling is percolating across Europe as new data reveals France quietly ramping up gas payments to Russia just as President Emmanuel Macron loudly positions himself as one of Ukraine’s staunchest defend...
6 months ago
Italy can do without Russian gas, says energy minister
ROME — Italy has emancipated itself from Russian natural gas and would have no problem with a proposed package of EU sanctions on liquified natural gas (LNG) that the European Commission is considering, Italian Energy Minister Gilberto Pichetto Fratin sai...
5 months ago
EU finally ready to bring down Russia’s gas empire … sort of
For the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia’s lucrative gas sector.But the proposals on the table would only touch a fraction of the billions M...
5 months ago
Hungary teases veto over new EU Russian gas sanctions
BRUSSELS — The EU’s unprecedented effort to penalize Russia’s lucrative gas sector is already crashing into a familiar sanctions foe: Hungary. The country expressed significant reservations about the new proposal during initial conversations among ambassa...
4 months ago
‘Drill, baby, drill’: America’s fossil fuel boom risks bust in Europe
From Texas to Pennsylvania, there's something more valuable than gold under the ground — and climate-anxious Democrats are too afraid to touch it.So goes Donald Trump's typically hyperbolic argument on new oil and gas ventures, which Republicans trumpeted...
2 months ago
Starmer government rejects calls to ditch deal with firm linked to Russian gas
LONDON — Keir Starmer’s new Labour government has dismissed calls from Ukrainian campaigners to ditch a controversial public sector gas contract with a French fossil fuel giant that still trades in Russian gas. Campaign group Razom We Stand this week said...
2 months ago
Why energy is Israel’s weak spot
The darkness that fell over Israel earlier this year underlined the vulnerability of the country’s energy system.For hours at a time, neighborhoods in Tel Aviv, nearby Petah Tikva and the southern city of Beersheba were left without electricity while trai...
1 month ago
Europe’s new normal: High energy bills, fading industry and one chance to fix it
ZIMMERN OB ROTTWEIL, Germany — You’ve never heard of Hans Keim Kunststoffe, but you’ve almost certainly come across one of its products.They’re protecting museum paintings, covering MRI machines during a hospital visit, forming a mobile caravan’s sunroof...
1 month ago
Most of Europe is fine without Russian gas
The contract for Russian gas is toxic. The gas is replaceable. Let’s move on. That’s the logic many European officials have adopted as a multibillion dollar deal keeping Russian gas pumping through Ukraine into the European Union nears expiration at year’...
1 week ago
Revealed: How Liz Truss lobbied for UK role in project now linked to Mozambique massacre
LONDON — Liz Truss pushed through $1.15 billion in U.K. taxpayer support for a Mozambique gas project now embroiled in allegations of abduction, murder and rape.Truss’ moves to back the project as trade secretary in the spring of 2020 were opposed by then...
1 week ago
Drop funding for massacre-linked gas project or we’ll sue, NGO tells Britain
LONDON — See you in court.That's the message Friends of the Earth — which successfully put a halt on Britain's North Sea oil drilling — is telling the U.K. government if it doesn't drop its support for a Mozambique gas project embroiled in allegations of...
1 hour ago