Denmark reports leak in gas pipeline in Baltic Sea

BERLIN (AP) — Denmark’s maritime authority said Monday that a gas leak had been observed in a pipeline leading from Russia to Europe underneath the Baltic Sea and that there is a danger to ship traffic. The operator of Nord Stream 2 confirmed that a leak in the...

German leader seeks energy deals, alliances on Gulf trip

BERLIN (AP) — German Chancellor Olaf Scholz arrived Saturday in Saudi Arabia for the first stop of a two-day, three-country visit to the Middle East aimed at striking new energy deals and forging fresh alliances amid the economic and geopolitical turmoil resulting...

Qatar Energy partners with Total Energies for LNG expansion

DOHA, Qatar (AP) — State-owned oil and gas company Qatar Energy signed on Saturday a deal with Total Energies for the Northfield South Expansion. The partnership deal was signed by Saad Sherida al-Kaabi, Qatar’s Energy Minister and Patrick Pouyanne, Total Energies...

Fossil fuel sector needs investment to reduce emissions: RBC exec

CALGARY — Two executives from Royal Bank of Canada say financial institutions will need to invest not just in green energy companies, but also in the fossil fuel industry, if Canada is to meet its climate change targets. RBC Capital Markets CEO Derek Neldner and...

Germany close to deal on nationalizing gas company Uniper

BERLIN (AP) — Natural gas supplier Uniper said Tuesday that it’s in “final discussions” for Germany to nationalize the company, ramping up the government’s intervention in the gas and oil industry as Russia’s war in Ukraine provokes an energy crisis. The...