Energy

US Sanctions Against Nord Stream 2 ‘Unacceptable’, Austrian Foreign Minister Says

In December, US President Donald Trump signed the National Defence Authorization Act for Fiscal Year 2020, which, among other things, stipulates sanctions against the Nord Stream 2 gas pipeline. The US also threatened to sanction any company or individual involved in providing services on the project. Austrian Foreign Minister Alexander Schallenberg has lashed out at […]

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TurkStream is a matter of ‘national & energy security’ for Turkey & EU… and US can’t derail it now

The TurkStream pipeline, supplying Russian gas to Turkey under the Black Sea, will boost energy security of entire southern Europe and the US won’t interfere with it, said Sakir Arikan, managing director of TurkAkim Gas. The much-anticipated 930km pipeline was launched by Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan, during a […]

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‘Sanctions just a hiccup’: Nord Stream 2 will be completed, & US knows it but cannot bear the thought – former US diplomat

The Nord Stream 2 pipeline is going to be completed despite the latest US sanctions, former US diplomat Jim Jatras told RT, adding that the last-ditch attempt to derail its launch is a gesture of despair by Washington.

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Nord Stream 2 Sanctions Reflect How US, Despite $22 Trillion Debt, Prevents Others From Developing

Earlier US President Donald Trump enacted the $738 billion National Defence Authorization Act (NDAA), a military budget package for the coming year that includes sanctions against the Nord Stream 2 gas pipeline. Russian Foreign Ministry spokeswoman Maria Zakharova commented on new US sanctions against the Nord Stream-2 and Turkish Stream pipelines, saying that the state, […]

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‘We must show US that the jokes are over’: Top German MP says Berlin shouldn’t sit idle as Washington hampers its energy projects

As the US braces to slap sanctions on European firms building the last leg of the Russia-Germany Nord Stream 2 pipeline, a senior MP in Berlin argues that formal protests don’t work anymore – but a strong response could.

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No longer ‘glorious’? UK govt ‘bans’ fracking in England, admitting modern tech can’t predict earthquake threat & impact

As Prime Minister Boris Johnson gears up for a snap election, his government made a surprise U-turn on shale gas extraction, citing public concerns and technological limits on predicting the impact of fracking on the environment.

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Washington’s Nord Stream 2 Sanctions May Have Boomerang Effect on US Interests – German Media Reports

The US Congress has moved forward with legislation to impose sanctions on the Nord Stream 2 pipeline project in defiance of criticism from Washington’s allies in Europe, as the joint venture brings together Russia’s Gazprom, Germany’s Uniper and Wintershall, Austria’s OMV, France’s Engie, and Anglo-Dutch Royal Dutch Shell.

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US Envoy to Germany Threatens Nord Stream 2 Firms With Sanctions AGAIN

Washington has repeatedly threatened to impose sanctions on all parties related to or working on Nord Stream 2, with President Donald Trump accusing Germany of being a “captive” of Russia and urging Berlin to halt its cooperation on the $11-billion project.

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Berlin’s ambassador in Washington attempts to defend Russian energy majors from US sanctions

The German Ambassador to the United States has asked the US Congress to hold back new sanctions against two of Russia’s biggest gas corporations, as further penalties may put energy security of the European Union in jeopardy.

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US Hopes Strangling Iran’s Oil Trade Sparks Insurrection – Ex-UK Ambassador

WASHINGTON (Sputnik) – The US government is ending sanctions waivers for Iranian oil importers to provoke a violent insurrection or establish a casus belli for an external invasion, former UK Ambassador Peter Ford told Sputnik.

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The one thing that could derail the US oil boom

As US crude exports soar, an unexpected issue is plaguing domestic producers, and it could completely derail the country’s oil boom. Two South Korean refiners have canceled the delivery of US crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week.

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German MEP Vows to Use ‘All Tools’ to Stop Nord Stream 2’s Construction

Earlier this week, the European Parliament adopted a resolution calling for the stopping of the Nord Stream 2 gas pipeline, which the document claimed boosts the EU’s dependence on Russian gas supplies and threatens the bloc’s energy security.

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Pompeo seeks to recruit top world oil execs to promote US foreign policy

US Secretary of State Mike Pompeo has sought to recruit some of the top oil industry guns to serve as Washington’s foreign policy tools to crack down on “bad actors” like Venezuela, Russia and Iran.

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Russian LNG will be cheaper for Europe than US alternative – Novatek

Europe will pay half as much for liquefied natural gas (LNG) from Russia than what US energy companies offer, according to independent Russian gas producer Novatek.

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BP Chief Calls US ‘Market Without Brain’ for Renewing Record Oil Output

The United States is acting as “a market without a brain” as it responds to prices and increases its oil output to record highs, Bob Dudley, the chief executive officer of the UK multinational BP Group, said Tuesday.

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