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Latest Articles about Europe
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MOL Well Placed to Fend off Surgut’s New Move
Russia’s Surgutneftegaz has filed a case in Budapest’s Metropolitan Court, seeking legal registration as a stakeholder in Hungarian MOL, the national oil and gas company. Surgut is asking the court to invalidate MOL’s April 2010 refusal to enter the Russian company’s shares in the Hungarian... MORE
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Gazprom’s Anti-Nabucco Campaign Misses German Targets
Gazprom’s proposal for German RWE to join Gazprom’s South Stream project, has fallen flat at both the corporate and the political levels in Germany. The proposal clearly aimed to disrupt the European Union-backed Nabucco project, where RWE is a key stakeholder, developing offshore gas in... MORE
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Russia Turns on Lukashenka
On July 5 at the Eurasian Economic Community’s Interstate Council in Astana, Belarus, Russia, and Kazakhstan agreed to form a Customs Union that came into effect the next day. Kyrgyzstan and Tajikistan may join at some point in the future. The Union between Russia and... MORE
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Hillary Clinton on Familiarization Visit to Ukraine
US Secretary of State, Hillary Clinton’s, first visit to Ukraine on July 2, left the government satisfied, the opposition puzzled and many questions unanswered. On the one hand, no major statements were made or documents signed. On the other hand, thanks to Clinton’s visit, Ukraine... MORE
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Ukraine Closes Road to NATO Membership
On July 1, the Ukrainian parliament voted for a new law on “The Fundamentals of Domestic and Foreign Policy” that dropped the goal of seeking NATO membership. At 8:00 pm on July 1, only 50 deputies from the Stability and Reforms coalition were present and... MORE
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Interest Surging in Azerbaijani Gas (Part Two)
International demand for Azeri gas (EDM, July 1) is also rising outside the European Union. It is mostly driven by the anticipation of post-crisis industrial recovery and by considerations of supply security through diversification.Russia’s Gazprom is preparing in its own way for Europe’s post-crisis recovery.... MORE
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Ukraine Shows No Hurry to Return Gas to RosUkrEnergo
An international court has obliged Naftohaz Ukrainy, the state-controlled oil and gas behemoth, to pass 12 billion cubic meters (bcm) of gas and $192 million to RosUkrEnergo (RUE), a joint venture of Gazprom and the Ukrainian businessman, Dmytro Firtash. This is a heavy defeat for... MORE
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Moldovan Government Chickens out of Historical Assessment of Communism
Moldova’s governing Alliance for European Integration (AEI) has split yet again, this time over a historical assessment of Soviet rule and Communism in Moldova. On June 28, leaders of three parties, out of the AEI’s four, cancelled literally at the last minute the Parliament’s session... MORE
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Russia Defends Soviet Occupation of Moldova
On June 24, Moldova’s interim president Mihai Ghimpu issued a decree instituting June 28 as the Day of Remembrance of the Soviet Occupation—an event that occurred on June 28, 1940 in what was then Bessarabia, a part of Romania. The decree does not mention Romania... MORE
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Assassination Phobia Spreads in Ukraine
In an interview given last fall by the then-Party of Regions defector Taras Chornovil, the Ukrainian politician pointed to current Ukrainian President Viktor Yanukovych’s fear of assassination, saying, “Yanukovych liked to repeatedly talk about how there were attempts on his life” (Ukrayinska Pravda, November 16,... MORE