Latest Articles about Energy

Ukraine Returns Disputed Gas to RosUkrEnergo

There are indications that the Ukrainian government has agreed to return RosUkrEnergo (RUE) the disputed gas, which the Stockholm court ruled belongs to RUE. According to the ruling, Ukraine has to either accept by September 1, or appeal by September 8. The government apparently chose... MORE

Surge in Nuclear Power Projects Imperils Belarusian Program

According to Belarusian First Vice-Prime Minister, Uladzimir Syamashka, the end of July was scheduled to mark the finalization of an agreement between Belarus and Russia to build the nuclear power station at Astravets in the Hrodna region with construction of the station to start next... MORE

EU Supports Nabucco Against South Stream

On July 30 in Berlin, Gazprom’s Vice-President, Aleksandr Medvedev, deprecated the EU-backed Nabucco project and claimed that Russia would imminently proceed with the rival South Stream. “There is complete certainty about South Stream. We have enough gas to supply 63 billion cubic meters (bcm) every... MORE

Loopholes Opening in US, EU Sanctions on Iran

The United States and the European Union have imposed on July 1 and July 26, respectively, a new round of sanctions of unprecedented severity, presuming to hinder Iran’s uranium-enrichment program. Other parties, however, are wasting no time opening loopholes in these sanctions’ main dimension, pertaining... MORE

Moscow Promises Increased “Energy Efficiency”

Moscow has reiterated plans to improve its energy efficiency by pledging huge investments aimed at developing its power supply networks. However, the economic viability of Russia’s proposed capital-intensive solutions apparently remain far from certain. The country’s energy efficiency challenges have recently become a matter of... MORE