2020-10-02 11:25:00
NORD STREAM 2: DENMARK APPROVEMENT
P&GJ — 10/1/2020 - Denmark's energy industry announced its approval for the Nord Stream 2 pipeline to operate in Danish waters of the Baltic Sea, clearing one of the last remaining hurdles for the Russian project.
The Danish Energy Agency granted the permit on Thursday almost a year after the application was submitted.
The 760-mile (1230 km) has come under attack in recent months from the U.S. and other Western governments over fears that the project would increase Europe's dependence on Russia.
With nearly 90% of the pipeline completed, work was halted late last year on the final stretch of the project as American lawmakers imposed sanctions on companies working on the pipeline.
The project came under further scrutiny last month, even from Germany, the projects biggest European supporter, after a political opponent to Russian President Vladimir Putin was poisoned on a domestic flight in late August.
The Kremlin-backed project could carry as much as 55 billion cubic meters of Russian natural gas a year into Europe under the Baltic Sea, making landfall in Germany.
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Earlier:
2020, September, 28, 12:00:00
NORD STREAM 2 BLOCKING
Nord Stream 2 would double the capacity of the gas corridor via the Baltic Sea to Germany to 110 Bcm/year and would reduce the need for Russia to use Ukraine as a transit country for gas supply to Europe.
2020, September, 17, 17:00:00
NORD STREAM 2 FOR RUSSIA
Russia says Nord Stream 2 is a commercial project -- backed by five European energy companies -- and should not be used for political point-scoring.
2020, September, 17, 16:55:00
NORD STREAM 2 FOR AUSTRIA
"Nord Stream 2 for us is an economic project, a positive project, because we believe that it is good to have more diversification and to be able to use different routes for energy supply to Europe," Kurz said during a press conference in Vienna.
2020, September, 14, 10:20:00
NORD STREAM 2 FOR EUROPE
“The Baltic Sea pipeline is above all in the interests of Germany and western Europe as we want to achieve the energy transformation,”
2020, September, 9, 11:00:00
NORD STREAM 2 FOR GERMANY
Schwesig said she agreed that Russia had to explain the poisoning, but said the crime "should not be used to challenge Nord Stream 2."
2020, September, 8, 12:40:00
NORD STREAM 2 STAKES UP
The German government led by Chancellor Angela Merkel has up to now supported Nord Stream 2, which is almost complete with just 160 km of the line left to lay in Danish waters.
Chronicle:
2021, July, 9, 12:04:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
2021, July, 9, 12:00:00
ARGENTINA'S NUCLEAR SMR
Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.
2021, July, 9, 11:55:00
CHILE'S COAL GENERATION DOWN
In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.
2021, July, 8, 12:50:00
OIL PRICE: NEAR $73
Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
2021, July, 8, 12:40:00
EUROPE CLIMATE RULES
According to draft proposals seen by market sources, the CBAM will replace the current system of free carbon allowances for metals sectors, and tighten allowances in the European Emissions Trading System generally, a bone of contention for some.
2021, July, 8, 12:35:00
ASIA INDEXES DOWN ANEW
The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.