Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Petrobras confirms new post-salt oil discovery in Brazil’s Campos basin – Oil & Gas 360

November 17, 2025

API launches national campaign highlighting U.S. oil and gas workforce as “Landman” returns

November 17, 2025

Egypt Secures Another Western Desert Gas Find

November 17, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Joint Statement from U.S. Energy Secretary Wright and Greek Energy Minister Papastavrou Regarding Sixth P-TEC
U.S. Energy Policy

Joint Statement from U.S. Energy Secretary Wright and Greek Energy Minister Papastavrou Regarding Sixth P-TEC

omc_adminBy omc_adminNovember 17, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


The Partnership for Transatlantic Energy Cooperation (P-TEC) is the premier forum for energy cooperation in Central and Eastern Europe.

Energy.gov

November 7, 2025


 min
minute read time

We reaffirm that the transatlantic bond is indispensable, just as an affordable, reliable, secure, and resilient energy future for Europe is central to freedom, prosperity, peace, and human flourishing.  Energy is not merely a commodity, but the lifeblood that powers all modern industry.   We recognize that energy security is national security, and the
diversification of supply sources and routes, the preservation of strategic
reserves, and the operation of resilient infrastructure are essential to
mitigating vulnerability and reducing dependence on hostile states and actors.  We affirm that natural gas will remain a cornerstone of Europe’s
energy security and a reliable component of the continent’s power generation
mix for decades to come.  Natural gas is a strategic enabler for grid
stability, industrial competitiveness, and economic growth.  We recognize the energy security benefits of enhanced natural gas
cooperation amongst the states of Central and Southeastern Europe to establish
an integrated regional natural gas market, catalyzed by aggregated regional
demand, and supported by import infrastructure and affordable longer term
commercial contracts with reliable partners, such as the United States.  We commit to assisting Ukraine in restoring energy infrastructure
damaged and destroyed during Russia’s ongoing war of aggression, and we commit
to supporting, through joint Transatlantic efforts, nations whose energy
security has been most negatively impacted by Russia’s unlawful invasion of
Ukraine.   We recognize the European Commission’s Roadmap to fully end EU
dependency on Russian energy and commit to the complete phase out of Russian
energy imports – gas, oil, and nuclear energy – across the transatlantic
community, and in so doing cease funding Russia’s ability to wage war on its
neighbors.  We endeavor to mobilize public and private sector financing,
including credit export agencies and multilateral financial institutions, to
meet the regional energy objectives for the diversification and integration of
energy supplies and transmission routes to bolster Europe’s energy security.    We commit to strengthening and diversifying global energy supply
chains, including LNG, nuclear energy, geothermal, critical minerals, as well
as gas and electricity interconnectors and other grid components to prevent
strategic vulnerabilities.  Energy technologies must be sourced from trusted
partners, reducing the risks of dependency on unreliable suppliers with malign
intent.  We support investment in energy infrastructure, including LNG
terminals, pipelines, gas compression, and cross-border gas and electricity
grids, that connect Europe south to north and west to east.  Interoperable and
modernized systems are the backbone of resilience.    We acknowledge the growing threats to energy systems, both cyber
and physical, from hostile actors across all domains with an emphasis on
critical underwater infrastructure (i.e hybrid attacks on Baltic underwater
electricity and telecom cables).  We commit to deeper collaboration on
resilience, redundancy, and recovery planning.  We affirm that each nation retains sovereign rights to chart its
own energy path.  Innovation drives progress greater than onerous and
inefficient mandates or regulation.  We invite robust engagement from the private sector, civil
society, and local actors, as demonstrated by the Partnership for Transatlantic
Energy Cooperation Business Forum.  We emphasize that governments should
enable, not replace, private initiative.  We commit ourselves to convene a P-TEC Ministerial regularly to
track our progress, adapt to the changing needs of the region, and identify new
ways to meet the challenges of our energy future.  We recognize the Three Seas Initiative (3SI) as an important
mechanism to enhance our joint efforts on energy infrastructure development,
technical cooperation, and investment, particularly in projects that facilitate
greater energy independence and access to diverse supply.  We express gratitude to the Ministry of Environment and Energy of
the Hellenic Republic for hosting us in Athens and look forward to a productive
year of cooperation, grounded in shared interests, mutual respect, and
practical outcomes.  

Background:

Established under the
first Trump Administration, the Partnership for Transatlantic Energy
Cooperation (P-TEC) is the premier forum for energy cooperation in Central and
Eastern Europe.  P-TEC brings together the United States, 24 European
countries, and the European Commission and provides policymakers and civil
society stakeholders with the resources and technical tools to build energy
systems that are affordable, reliable, and secure.  The 6th P-TEC Ministerial and
Business Forum, hosted in Athens, Greece, was the largest P-TEC to date and
facilitated the signing of several landmark deals that will help support
European energy security and economic competitiveness for years to come. 

Framatome Advanced Fuel Assembly Completes Second Fuel Cycle

November 12, 2025

Joint Statement Regarding the Vertical Corridors

November 7, 2025



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Who Is John Ternus, the Apple Exec Who Could One Day Be CEO?

November 17, 2025

A Chinese Tesla Rival Is Building a Huggable Robot to Take on Optimus

November 17, 2025

The Godfather of Meta’s AI Thinks the AI Boom Is a Dead End

November 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20073 Views
Don't Miss

API launches national campaign highlighting U.S. oil and gas workforce as “Landman” returns

By omc_adminNovember 17, 2025

Mike Sommers, API President and CEO The American Petroleum Institute has launched a…

Nexans launches ‘Electra’ cable-laying vessel at Ulstein Verft, advancing offshore electrification

November 17, 2025

Canada’s oil sands surge as U.S. shale growth plateaus

November 17, 2025

TotalEnergies accelerates gas-to-power strategy with $5.5 billion EPH deal

November 17, 2025
Top Trending

GRI Launches New Tool to Align Climate Reporting with UN Net Zero Guidance

By omc_adminNovember 17, 2025

Amazon Launches New Projects to Restore Over 2 Billion Liters of Water per Year

By omc_adminNovember 17, 2025

TotalEnergies Doubles Electricity Production Capacity with $5.9 Billion Acquisition

By omc_adminNovember 17, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20254 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20253 Views
Our Picks

Oil Slips as Russia Port Reopens

November 17, 2025

API launches national campaign highlighting U.S. oil and gas workforce as “Landman” returns

November 17, 2025

TGS accelerates Brazil exploration imaging with Pelotas Norte Phase I survey

November 17, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.