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Chemical giant BASF is under threat after Russians turn off the gas

Oct 4, 2022
Gas rationing by the Berlin government this winter could hit the German chemical industry and dent the global economy.
BASF, the world’s largest chemical company, may be forced to grapple with natural gas rationing if Germany experiences a cold winter.
Daniel Roland/AFP via Getty Images

The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images

After Ukraine invasion, Germany reconsiders trading with autocrats

Apr 12, 2022
Russia’s aggression has forced Germany to reconsider the notion that trade helps promote democracy.
Ukrainian President Volodymyr Zelenskyy addresses the German lower house of parliament on March 17. Zelenskyy has criticized Germany for failing to ban Russian gas.
Tobias Schwarz/AFP via Getty Images

Amid wave of sanctions, Russia's energy sector is getting off pretty light so far

Feb 28, 2022
Oil and gas are key to the Russian economy, yet penalties are focused elsewhere. Could that stance change?
The construction site of a Russian platform that will hold liquified natural gas.
Mario Tama/Getty Images