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Ostracized by the West, Russia Finds a Partner in Saudi Arabia

As Russia massed troops on its border with Ukraine and invaded the country at the start of the year, Saudi Arabia’s Kingdom Holding Company quietly invested more than $600 million […]




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The Days of Energy Deregulation Are Over in Europe

After decades of promoting a free-market approach to the electricity and natural gas industries, European governments are taking back control of these vital functions. Record-high energy prices, partly the result […]







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Steeper Winter Heating Bills Loom, With Less Federal Aid

Last winter, Michael Jandro and Jillian Park could have faced heating costs that rivaled the $806 monthly mortgage payment on their Maine farmhouse.The couple heat their 135-year-old home with oil, […]




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As Russia Chokes Europe’s Gas, France Enters Era of Energy ‘Sobriety’

A factory making iconic French bistro glasses is idling its furnaces to offset soaring energy costs. Cities around France are turning off streetlamps and other outdoor lighting to curb electricity […]




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Russia Says the Gas Pipeline to Germany Will Remain Closed

Gazprom said on Friday that it would postpone restarting the flow of natural gas through a closely watched pipeline that connects Russia and Germany, an unexpected delay that appeared to […]




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How German Companies Are Staring Down Putin’s Threat to Cut Off Gas

In the weeks after Russia invaded Ukraine, German lawmakers cautiously proposed ways to cut their country’s ties to Russian natural gas. The heads of some of Germany’s leading industrial companies, […]




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U.K. Energy Price Cap to Rise 80%, Regulator Says

Energy prices paid by most British households are set to rise 80 percent this fall, putting further pressure on consumers squeezed by higher prices and posing a daunting challenge for […]




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

In Paldiski, Estonia, abandoned Soviet-era bunkers, splattered with graffiti and overgrown with weeds, are a reminder of the centuries-long domination that Russia once exerted over the Baltic region.Now this port […]