Reuters BERLIN/KYIV – German Chancellor Angela Merkel on Thursday defended a deal with the United States that allows the Nord Stream 2 gas pipeline to proceed as a pragmatic compromise, but Ukraine said it was too weak to ensure Russia behaves the way Kyiv and the West want. Ukraine has long opposed the nearly completed $11 billion project which will
Fox Business Former Secretary of State Mike Pompeo slammed the Biden administration on Wednesday for the agreement with Germany, which would allow for the completion of the controversial Russian Nord Stream 2 natural gas pipeline, arguing that it would “really undermine American national security.” The agreement, confirmed by Fox News, bucks longstanding opposition to the pipeline in Washington, D.C., and was opposed by officials from
$310 million acquisition includes two small-scale, domestic LNG production and fuel…
Reuters WASHINGTON – President Joe Biden and German Chancellor Angela Merkel failed on Thursday to settle their dispute over Russia’s Nord Stream 2 natural gas pipeline but said they agreed that Moscow must not be allowed to use energy as a weapon to coerce its neighbors. “Good friends can disagree,” Biden told reporters after two meetings with Merkel at the
Nasdaq BRUSSELS – Germany on Thursday lost its fight in Europe’s top court against a ruling limiting Gazprom’s GAZP.MM access to the OPAL pipeline that links the Russian gas producer’s Nord Stream pipeline to the country. The case is part of a long-running dispute over the transportation of Russian gas to Europe, which has pitted Poland and other eastern European countries against
Reuters Brookfield Infrastructure Partners raised its hostile offer for Inter Pipeline Ltd for a second time to about C$8.58 billion ($6.85 billion) as it battles a rival bid from Pembina Pipeline Corp. Pembina has made an all-stock bid of about C$8.3 billion, while Brookfield had offered C$8.48 billion, with an all-cash option. Brookfield said on Thursday shareholders can now elect
Reuters WASHINGTON -The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections. The 5-4 ruling, authored by conservative Chief Justice John Roberts, handed a victory to PennEast Pipeline Company LLC, a joint
Reuters BERLIN – The conservative and Greens candidates to succeed German Chancellor Angela Merkel after September’s federal election clashed on Thursday on the Nord Stream 2 gas pipeline from Russia, and on whether Germany should host U.S nuclear weapons. In their first debate, focused on foreign and security policy, Armin Laschet, from Merkel’s conservative alliance, welcomed a decision by the
CALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) …
CNBC WASHINGTON — U.S. law enforcement officials said Monday they were able to recover $2.3 million in bitcoin paid to a criminal cybergroup involved in the crippling ransomware attack on Colonial Pipeline. “Today we turned the tables on DarkSide,” Deputy Attorney General Lisa Monaco said during a press briefing, adding that the money was seized via a court order. At
Reuters U.S. Secretary of State Antony Blinken said on Tuesday that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline. He also indicated that more penalties could be in order for those involved with the project, telling a U.S. Senate Appropriations Committee hearing, “We also of
Reuters Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada’s proposed Cedar LNG Project to develop the floating liquefied natural gas facility in British Columbia in partnership with indigenous group, The Haisla Nation. Pembina expects to invest about $90 million into Cedar LNG over the next 24 months, including costs to acquire its interest in
