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News Articles: natural gas

An Austrian soldier guards the entrance of the OPEC headquarters in Vienna on October 4, on the eve of the 45th Meeting of the Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting. OPEC and its allies agreed to reduce their production quotas at that meeting.

Tagged as: 

  • Business

Gloom oozes from energy forecasts that show oil demand dropping, heating bills rising

The weakening economy around the world will drive down demand for oil in the coming months, according to OPEC, while the U.S. government warns that households will pay more for heat this winter.

October 12, 2022
|
By:
  • Camila Domonoske
A spike in natural gas prices amid a hot summer is contributing to high electricity bills across the United States. Here, the sun sets behind electric power lines in Redondo Beach, Calif., on Aug. 31.

Tagged as: 

  • Business

Why your electricity bill is so high — and why your heating bill might be next

Natural gas prices are soaring in the U.S. and around the world — and they're expected to keep climbing through the winter.

September 17, 2022
|
By:
  • Arezou Rezvani
The dollar and the euro are flirting with "parity" for the first time in two decades.

Tagged as: 

  • Business

Europe is on sale. Why the dollar-euro exchange rate is a win for Americans

The dollar has continued to strengthen against the euro, and for the first time in decades, the two currencies are worth about the same.

July 16, 2022
|
By:
  • David Gura
Pipes are seen at the gas transmission point in Rembelszczyzna near Warsaw, Poland, on Wednesday.

Tagged as: 

  • Europe

What Russia cutting off energy to Poland and Bulgaria means for the world

It was seen as a way for Russia to prop up its currency and retaliate for Western sanctions, but it could cause global energy prices to spike. One analyst sees it as a warning to the rest of Europe.

April 28, 2022
|
By:
  • Joe Hernandez,
  • Jackie Northam,
  • and 1 more
Russian President Vladimir Putin speaks to U.N. Secretary-General Antonio Guterres during their meeting in the Kremlin, in Moscow, on Tuesday.

Tagged as: 

  • Europe

Poland and Bulgaria say Russia is suspending their natural gas supplies

The governments of the two European countries said Russian energy giant Gazprom informed them it was halting gas supplies starting Wednesday.

April 26, 2022
|
By:
  • The Associated Press
A woman walks past a currency exchange office in central Moscow on Feb. 24.

Tagged as: 

  • Economy

How Russia rescued the ruble

The Russian ruble lost nearly half its value when Russia invaded Ukraine. Since then, it has been the top-performing currency in the world.

April 05, 2022
|
By:
  • Paddy Hirsch
Ukrainian servicemen comfort Daniil, 12, the son of Vladyslav Buvalkin, 42, who died in action and was buried on Wednesday in Kyiv, Ukraine. Ukrainian forces have managed to fend off Russian advances near the capital, although shellfire and aerial bombardment persist.

Tagged as: 

  • Europe

Russia-Ukraine war: What happened today (March 23)

A roundup of key developments and the latest in-depth coverage of Russia's invasion of Ukraine.

March 24, 2022
|
By:
  • NPR Staff
Russian President Vladimir Putin chairs a government meeting via a video link at the Novo-Ogaryovo state residence outside Moscow on Wednesday. Putin said Russia will only accept payments in rubles for gas deliveries to "unfriendly countries," which include all EU members and the U.S.

Tagged as: 

  • Europe

Putin demands 'unfriendly countries' pay for Russian gas in rubles

President Vladimir Putin issued a new directive as he attempts to leverage Russia's in-demand fuel to counter a barrage of Western sanctions.

March 23, 2022
|
By:
  • NPR Staff
Traders work on the floor of the New York Stock Exchange in New York City on March 4. The Dow Jones Industrial Average slumped nearly 800 points on Monday, entering what's called a correction.

Tagged as: 

  • Business

It keeps getting worse for stocks. Dow sinks and enters what's called a correction

Fear of higher energy prices led to a sharp sell-off on Wall Street, with the Nasdaq now in what's known as a bear market.

March 07, 2022
|
By:
  • David Gura
Gas prices reach over $5 a gallon at a station in Los Angeles on Friday. Oil prices continue to surge after Russia's invasion of Ukraine, with some analysts describing market conditions as verging on "panic."

Tagged as: 

  • Energy

Oil prices surge as fears about Russian crude supplies intensify

The global benchmark topped $115 briefly on Wednesday, just days after it crossed the triple-digit mark for the first time in seven years.

March 02, 2022
|
By:
  • Camila Domonoske
A closed Gazprom gasoline station is shown in Almaty, Kazakhstan, on Jan. 9.

Tagged as: 

  • Business

Major oil companies pull out of once-promising Russia

Announcements from Shell and BP will further hit Russia's tanking economy — and batter its image as a go-to place for oil and gas investments.

March 01, 2022
|
By:
  • Peter Granitz
The receiving station of the Nord Stream 2 gas pipeline stands near Lubmin, Germany, on Feb. 2. Nord Stream 2, owned by Russian energy company Gazprom, is to transport Russian natural gas from Russia to Germany, but President Biden has said the pipeline will not go forward if Russia invades Ukraine.

Tagged as: 

  • World

Explaining why natural gas plays such a big role in the Russia-Ukraine crisis

As much as 40% of Europe's natural gas supply comes from Russia, a reliance that puts U.S. allies like Germany in a jam when it comes to finding a sanctions solution to the crisis.

February 09, 2022
|
By:
  • Becky Sullivan and
  • Jackie Northam
Solar farms surround trees at Cornell University in Ithaca, N.Y. The city voted Wednesday night to decarbonize the city's buildings and install more energy efficient appliances and more solar panels. The city says the move will cut 40% of their carbon emissions.

Tagged as: 

  • Climate

To fight climate change, Ithaca votes to decarbonize its buildings by 2030

Decarbonizing involves installing things from solar panels to switching out gas stoves for electric stoves. The effort to decarbonize buildings will cut the city's carbon dioxide output by 40%.

November 06, 2021
|
By:
  • Deepa Shivaram
A coal-hauling truck with 240 tons of coal drives to the surface at the Buckskin Coal Mine in Gillette, Wyo., in 2004.

Tagged as: 

  • Climate

U.S. coal production is up sharply after hitting a 50-year low last year

As the Biden administration prepares to negotiate reductions in fossil fuel use at the Glasgow climate summit at the end of the month, U.S. coal production is actually up significantly this year.

October 22, 2021
|
By:
  • Kayla Desroches
The Sea Star 1, owned by the Tanzanian Zan Ferries, docked on Monday at the port in Pemba, Mozambique. The vessel has been used to evacuate people, mostly foreign gas workers, from fighting in Palma, Mozambique.

Tagged as: 

  • Africa

Insurgents Kill Dozens In Attack On Natural Gas Complex In Mozambique

Days of fighting in the northern port city of Palma have left dozens of civilians dead as security forces battled to turn back an assault by a suspected ISIS-linked insurgent group.

March 29, 2021
|
By:
  • Scott Neuman
  • Load More

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