Latest Articles about Balkans

EU Parliament Divided on Shale Gas and Oil

Potential large shale gas deposits in Europe have raised hopes that the old continent may in the future rely less on oil and natural gas imports from Russia. However, fears of potential environmental effects of hydraulic fracturing and the lack of a clear policy by... MORE

Chevron Postpones Shale Gas Exploration in Romania

After Bulgaria (see EDM, January 24), Romania might unnecessarily miss its own chance to explore a promising shale gas potential in partnership with the Chevron Corporation. Unlike the Bulgarian situation, Romanian protests against shale gas exploration are peripheral, outside the political system, and not backed... MORE

“Breakthrough of Putin’s Energy Empire” in Croatia?

Croatia’s First Deputy Prime Minister and Economy Minister, Radimir Cacic, held talks with the Russian government and companies in Moscow on March 25-26, soliciting sweeping Russian investments in Croatia (“Breakthrough of ‘Putin’s empire’ in Croatia?” Vecernji List, March 28).The initiative originates this time in Zagreb,... MORE

Clinton Discusses Energy Independence in Bulgaria

Bulgaria’s energy security and independence were the key topics discussed by US Secretary of State Hillary Clinton with the Bulgarian government during her short visit to Sofia on February 5. She urged the Bulgarian government to break dependence on Russia by diversifying its energy supplies.... MORE

Russian Oil Business Targeting EU’s Entrant Croatia

Croatia has become the newest member of the European Union, with a national referendum on January 22 capping the accession process. The government-controlled JANAF (Jadranski Naftovod – Adriatic Oil Transportation) enterprise, however, has marked the country’s EU accession in its own way. It has opened... MORE

Bulgarian Government Withdraws Chevron’s Shale Gas Permit

The Bulgarian Parliament has indefinitely suspended shale gas exploration and extraction in the country under public pressure from environmentalist groups. The moratorium will affect shale gas and oil exploration on the entire territory of Bulgaria and along its Black Sea shore (Bulgarian National Television, January... MORE