Pompeo: the US seeks to reduce Europe’s dependence on Russia

30/09/2020 09:13 Natural Gas


The Secretary of state said that Washington not only opposes the “Nord stream-2” gas pipeline but also expands opportunities for delivering LNG to Europe.

President Donald Trump’s policy is for the whole of Europe to expand opportunities to diversify energy sources, and “not depend on Russia and Gazprom,” said Secretary of State Mike Pompeo.


“It’s not good, it’s not safe, it creates risks, and frankly, in this case, people pay more to heat their homes,” Pompeo said in an interview with the Athens News Agency.


According to him, the United States not only declares its rejection of “Nord stream-2,” but also works to expand its capabilities to deliver liquefied natural gas to the region and increase the availability of other energy sources, such as oil and petroleum products.


“We hope that this work will continue, we count on it,” the head of American diplomacy said. “American participation here is truly unique, truly exceptional, and I think it will mean perfect things: greater diversification of energy sources, cheaper energy, and working with reliable partners such as companies from the United States.”


UK ETS auctions to begin on 19 May

01/03/2021 08:27:00

The first auction of UK ETS allowances (UKAs) will be held on the platform on 19 May, and will continue to take place on alternate Wednesdays from here until the final sale of the year on 15 December.


Daily (26.02.2021): Brent crude rally take a breather, while U.S. WTI crude ends at its highest since May 2019

26/02/2021 09:49:00

Crude oil prices diverged on Thursday, with Brent crude steadying after a period of optimism amid concerns over OPEC+’s willingness to continue output cuts grow. In contrast, U.S. WTI crude gained ground, spurred by optimism of quickly depleting global oil inventories. Hence, Brent crude lost 0.2% to settle at $66.88 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to 63.53 a barrel, marking its highest finish since May 2019.


Portugal sees green hydrogen output by end-2022, $12 billion in investment lined up

26/02/2021 08:59:00

Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros ($12 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said.