Latest Articles about Europe

Russian Oil Companies Buying West European Refineries

Russian oil companies Gunvor, Rosneft, and Lukoil are spearheading what looks like an acquisition spree of refining capacities in Western Europe. Some West-European authorities accept without qualms and even welcome such Russian takeovers, apparently viewing them as crisis-relief measures for stricken European refineries and workforces... MORE

Is Nuclear Power the Panacea for Belarusian Energy Problems?

On February 23, Belarus’ Minister of Energy, Alyaksandr Azyarets announced the signing of the basic contract for the construction of the Belarusian nuclear power station in Astravets district (Hrodna region). Earlier that month, Belarus’ Belvneshnekonombank and Russia’s Vneshekonombank signed a bilateral agreement that provides the... MORE

Lithuania Contracts for LNG Terminal

In 2011, Lithuania became the first European Union member country to enact EU energy market reform on national territory (see EDM, July 7, 2011). Lithuania opted for the most far-reaching version of this anti-monopoly legislation (“unbundling,” under the EU’s Third Energy Package). It requires separation... MORE

Projects in Synergy: Trans-Caspian, Trans-Anatolian Gas Pipelines

Addressing the Caspian-European Integration Business Club in Baku (Trend, Today.Az, February 29), Azerbaijan’s Industry and Energy Minister Natig Aliyev announced that negotiations on a Turkmenistan-Azerbaijan gas pipeline are advancing, as part of the EU-backed Southern Corridor to Europe. For its part, Azerbaijan is holding meetings... MORE

Ukrainian President Yanukovych Continues to Reshuffle Government

Ukrainian President Viktor Yanukovych continues reshuffling his government with an eye to the parliamentary election scheduled for October 28. Political lightweights are being replaced with heavyweights and individuals personally loyal to Yanukovych. At the same time, the transfer of the influential election campaign manager for... MORE

Viktor Yanukovych Two Years on: Why Many Got Him Wrong

February 25 will mark the second anniversary of Viktor Yanukovych’s election, during which attitudes toward him and his administration have hardened. But this was not always the case, and views of Yanukovych can be divided into three groups: to order, naïve and realistic.To Order: From... MORE