Nord Stream 2 Expecting Denmark Approval
The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 180-km stretch of the pipeline under the Baltic Sea in time to finish the pipeline by the end of 2019 as planned, a spokesman said on Monday.Nord Stream 2 spokesman Jens Mueller said there was "good reason"…
German Conservative Questions Future of Russian Gas Pipeline
A key ally of German Chancellor Angela Merkel on Monday raised questions about the future of the Nord Stream 2 gas pipeline amid growing concern about Russia's seizure of three Ukrainian ships and their crew off the coast of Russian-annexed Crimea.Juergen Hardt, foreign policy spokesman for Merkel's conservatives in parliament…
US Aims to Start LNG Deliveries to Germany in Four Years
U.S. companies expect to begin delivering liquefied natural gas (LNG) to Germany in four years at the latest and will challenge Russia which now accounts for 60 percent of German gas imports, the deputy U.S. energy secretary told a German newspaper."U.S. liquefied natural gas is coming to Germany. The question is not if…
Qatar Petroleum Looking at Downstream Investments in Germany
Qatar Petroleum is looking at a range of possible investments in Germany, including downstream projects and cooperation deals with smaller companies, as part of its overall drive to find new markets for liquefied natural gas, the company's CEO said.Chief Executive Saad Sherida al-Kaabi on Friday confirmed his…
German Government Agrees to Ban Fracking Indefinitely
Germany's coalition government agreed to ban fracking for shale gas indefinitely on Tuesday, after years of fractious talks over the issue, but environmental groups said the ban did not go far enough and vowed to fight the deal. Test drilling will be allowed but only with the permission of the respective state government, officials said.
U.S. Plans third Patrol near Disputed S.China Sea Islands
The U.S. Navy plans to conduct another passage near disputed islands in the South China Sea in early April, a source familiar with the plan said on Friday, the third in series of challenges that have drawn sharps rebukes from China. The exact timing of the exercise and which ship would travel inside a 12-nautical mile limit around a disputed island was not immediately clear.
Lockheed CEO: "No regrets" About Sikorsky Buy
Lockheed Martin Corp has "no regrets" about buying Sikorsky for $9 billion despite a drop in oil prices that has led to a bigger-than-expected decline Sikorsky's commercial helicopter sales, Chief Executive Marillyn Hewson said Tuesday. Hewson said buying the company was "absolutely a great opportunity" and Lockheed remained confident about its long-term prospects…
U.S. to Cut Nuclear Launchers under Russia Treaty
The United States will scale back its nuclear bombers, submarine launchers and ballistic missiles in the first cuts to its leftover cold war nuclear arsenal since ratifying a landmark treaty with Russia in 2011, officials said on Tuesday. Under the treaty, known as New Start, the U.S. military will disable four missile launch tubes on each of the 14 U.S.
U.S. Navy eyes greater presence in Arctic from 2025
The U.S. Navy is mapping out how to expand its presence in the Arctic beginning around 2020, given signs that the region's once permanent ice cover is melting faster than expected, which is likely to trigger more traffic, fishing and resource mining. "The Arctic is all about operating forward and being ready.
