Space Industry and Business News  
OIL AND GAS
U.S. energy policy is containing Russia, energy secretary says
by Daniel J. Graeber
Washington (UPI) Mar 26, 2018

Moving U.S. energy supplies into Eastern Europe is one of the more powerful ways to contain Russian influence, the U.S. energy secretary said.

Addressing questions from Sen. Richard Blumenthal, D-Conn., on Russian actions, Perry said during testimony before the Senate Armed Services committee that he agreed that Russian cyberattacks on the U.S. energy sector were "an act of war" on the United States.

The U.S. Treasury Department revealed last week that Russian government actors targeted "multiple U.S. critical infrastructure sectors, including the energy, nuclear, commercial facilities, water, aviation, and critical manufacturing sectors" with cyberattacks at least since March 2016.

A ransomware cyberattack from the so-called Petya or NotPetya bug targeted thousands of government and private corporate servers across the globe last year. The attack demanded a $300 ransom paid in Bitcoin to release the encryption imposed by the virus that prevents users from accessing their devices.

The Treasury Department said the NotPetya attack was attributed to the Russian military.

Blumenthal in his remarks questioned U.S. policy on Russia given the recent congratulatory message sent by President Donald Trump to Russian President Vladimir Putin after his election victory, saying those messages removed the "deterrent effect" of U.S. policy toward Russia. Perry countered that U.S. energy policy was indeed directed at countering the influence of a main U.S. adversary.

"An energy policy where we can deliver energy to Eastern Europe, where we are a partner with people around the globe, where they know that we will supply them energy and there are no strings attached is one of the most powerful messages that we can send to Russia," Perry said.

The National Defense Authorization Act said U.S. efforts should promote energy security in Europe, stating Russia uses energy "as a weapon to coerce, intimidate and influence" countries in the region.

European natural gas production is on the decline, leaving the broader energy market vulnerable to export markets. Russia is the largest gas exporter to Europe and most of that gas runs through Soviet-era pipelines in Ukraine, where geopolitical issues create risk.

Shale natural gas from the United States, meanwhile, has made its way to the European market in the form of liquefied natural gas. Polish Oil & Gas, known by its acronym PGNiG, last year closed on a deal to accept LNG from Cheniere Energy, which owns a terminal in Louisiana that's the only one with the permits necessary for current exports of U.S. natural gas.

In December, Russian Foreign Minister Sergei Lavrov said European leaders in Brussels were getting duped into paying for "overpriced American liquefied natural gas."


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Gulf of Mexico oil and gas auction draws modest interest
Washington (UPI) Mar 22, 2018
The largest auction for drilling off the U.S. coast brought in only modest interest as sector players remain cautious about market recovery, analysts said. The U.S. Bureau of Ocean Energy Management steered an auction Wednesday from New Orleans for 77 million acres of deep- and shallow-water tracts in the U.S. Gulf of Mexico. The largest lease sale in U.S. history, the auction was part of an effort by U.S. President Donald Trump to ensure the country is a global superpower when it comes to ener ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Researchers use 3-D printing to create metallic glass alloys

On The Horizon: A Space Renaissance

CosmoQuest releases Mappers 2.0 for crater mapping

A new way to combine soft materials

OIL AND GAS
Intelsat EpicNG helping redefine capabilities of airborne applications

Studies prove superior performance of HTS for government customers

Airbus to provide near real-time access to its satellite data

Increasing Situational Awareness with Fortion TacticalC2

OIL AND GAS
OIL AND GAS
Indra Expands With Four New Stations The Ground Segment Managing Galileo Satellites

GMV leads a project for application of EGNOS to maritime safety

Why Russia is one step ahead of US Army's plans for future GPS

Europe claims 100 million users for Galileo satnav system

OIL AND GAS
Hong Kong carrier Cathay Pacific sees annual loss, outlook upbeat

FAA announces ban on 'doors-off' helicopter flights after fatal crash in N.Y.

Lockheed Martin to support F-35 programs in U.S., U.K.

Navy awards Lockheed $481M for F-35 spare parts

OIL AND GAS
Precision atom qubits achieve major quantum computing milestone

Largest molecular spin found close to a quantum phase transition

Researchers find 'critical' security flaws in AMD chips

New speed record for trapped-ion 'building blocks' of quantum computers

OIL AND GAS
China launches land exploration satellite

Spring comes to Tokyo with first cherry blossoms

Full house for EDRS

Scientists accurately model the action of aerosols on clouds

OIL AND GAS
Paris to study pollution-busting free transport

Large-scale climatic warming could increase persistent haze in Beijing

Researchers turn plastic pollution into cleaners

Tonnes of garbage cleaned up from Galapagos coast









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.