Head Of U.S. State Department's Energy Office To Step Down

Posted by Joseph R. Fonseca
Sunday, June 15, 2014
Carlos Pascual is the State Department’s Special Envoy and Coordinator for International Energy Affairs

 

The head of the State Department's office in charge of energy diplomacy will step down in August after playing a key role in getting countries such as China, India and Japan to cooperate with Western sanctions on Iran, officials said on Friday.

Carlos Pascual became an important player in Washington's effort to place tough new sanctions on Iran over its disputed nuclear program soon after the bureau of energy resources was launched in 2011.

The State Department said Pascual had decided to return to private life.

He traveled to countries in Asia, Europe and the Middle East with officials from the Departments of Treasury and Commerce to ease the way for sanctions that slashed oil production from one of OPEC's top crude producers.

The sanctions have halved Iran's oil sales since mid-2012 in efforts by the Washington and the European Union to cut funding to the country's nuclear program. The West suspects the program aims to develop a weapon. Iran says the program is for peaceful purposes.

Pascual also led the bureau as the United States became a far larger producer of oil and gas. Soon the United States is expected to be the biggest oil producer, surpassing both Russia and Saudi Arabia, which opens up questions about how Washington will handle the new bounty.

He was formerly ambassador to Mexico and to Ukraine, where he has traveled since Russia invaded and annexed Crimea and worked to find it alternative fuel sources.

His successor could face tough energy diplomacy issues on multiple stages, including in Iraq, where insurgents this week have been taking over cities in the north.

(Reporting by Timothy Gardner; Editing by Lisa Shumaker)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

China COSCO to be First through the Expanded Panama Canal

China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26.

Sellick Equipment to Open New Facility

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager,

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Finance

MARAD: $5 Mln Available for Marine Highway Projects

The Maritime Administration (MARAD) has announced the availability of $5 million in Federal funding to expand marine highway service by creating new or expanding

Baltic Index Down on Lower Capesize, Panamax Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as demand for capesize and panamax vessels fell.

Oil Rally is Not Just About Hedge Funds: Kemp

Oil prices are becoming dangerously overheated as speculators anticipate a rebalancing of supply and demand that has barely started, according to many oil analysts.

Energy

Russia Diesel Exports from Primorsk to Rise in May

Russia is set to export 1.256 million tonnes of ultra-low sulphur diesel from the Baltic Sea port of Primorsk in May, slightly up from 1.209 million tonnes in April, trading sources said on Friday.

Oil Rally is Not Just About Hedge Funds: Kemp

Oil prices are becoming dangerously overheated as speculators anticipate a rebalancing of supply and demand that has barely started, according to many oil analysts.

Pressure Steady on LNG Shipping Rates -Drewry

LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new US plants are expected to come online, according to the latest edition

News

Mercury Marine Expands Manufacturing Capacity

Mercury Marine is adding a 53,000 square foot manufacturing capacity expansion to its global headquarters in Fond du Lac, Wisc. The expansion will consist of 45,

Conquest Installs 850t Crane on Allseas Solitaire

Conquest Offshore was contracted by Allseas to remove a 300-ton crane and transport and install a 850-ton Huisman crane on board of one of the largest pipe-lay vessels in the world, Allseas Solitaire.

MARAD: $5 Mln Available for Marine Highway Projects

The Maritime Administration (MARAD) has announced the availability of $5 million in Federal funding to expand marine highway service by creating new or expanding

People in the News

ICS Criticises 'Prestige’ Judgement by Spanish Court

At a meeting of the International Oil Pollution Compensation Funds (IOPCF) this week, the International Chamber of Shipping (ICS) has strongly criticised the judgement

WILCO Logistics Bags Townsville Port Safety Works

WILCO Logistics Pty Ltd has been announced as the successful bid contractor on Breakwater safety works at the Port of Townsville.   Minister for Ports Mark Bailey said the overall $1.

Cargotec Logs Higher Profits

Cargotec's January-March 2016 interim report: Profitability improved according to target   * Strong order intake in Kalmar and Hiab   * MacGregor profitability

Communication

Voice-data Communications and HDTV in One System

PDQ’s OneSource System provides long range cell, wi-fi and high definition TV in one system for mobile users.   San Diego wireless company PDQ Connect has developed

Satlink Signs on with Fleet Xpress, FleetBroadband

Satlink Satellite Communications Ltd, a satellite communication and technical services provider, announced that it has become an Inmarsat Partner for Fleet Xpress and FleetBroadband.

KVH Dominates Global Maritime VSAT Market

KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1423 sec (7 req/sec)