Latest Articles about Energy
Shifting Sands in the Gulf: The Iran Calculus in China-Saudi Arabia Relations
The fourth joint meeting on economy and trade convened by China and Saudi Arabia in January 2010 in the Saudi capital of Riyadh came and went without much fanfare. Yet the meeting between China, the world’s second largest and fastest growing oil consumer, and Saudi... MORE
Ukraine Wary of Putin’s Proposal to Merge National Gas Companies
The Ukrainian government and opposition alike have reacted coolly to Russian Prime Minister, Vladimir Putin’s, April 30 proposal to merge the two countries’ national gas companies, Naftohaz Ukrainy and Gazprom. The government apparently does not see many benefits from such a move and hesitates, afraid... MORE
Putin Makes Energy and Arms Deals with Potential Latin American Allies: Part One
There can be no doubting Moscow’s intention to play a larger role in Latin America. President, Dmitry Medvedev, has confirmed this and Russian diplomacy in the past three months has featured trips by Latin American leaders to Moscow as well as by Medvedev and Prime... MORE
Ukraine’s Leaders Trying to Resist Gazprom-Naftohaz “Merger”
Russian Prime Minister, Vladimir Putin’s, April 30 proposal to “merge” Ukraine’s national energy company Naftohaz with Gazprom (EDM, May 5) has stunned the new Ukrainian authorities. During an entire week after the proposal’s airing President, Viktor Yanukovych, and Prime Minister, Nikolai Azarov, have arrogated to... MORE
Putin Calls For Naftohaz Ukrainy-Gazprom Gas Merger
Russian Prime Minister, Vladimir Putin, has proposed a “merger“of Ukraine’s national energy company Naftohaz Ukrainy with Russia’s Gazprom. The proposal emerged during Putin’s April 30 meeting with Ukrainian Prime Minister, Nikolai Azarov, in Sochi (ITAR-TASS, April 30). It was the seventh meeting, by most counts,... MORE
Hungarian Government and MOL Positioning for a Solution With Surgut
At its annual meeting of shareholders on April 29, Hungarian MOL oil and gas company cemented its defense against a possible takeover move by Russian Surgutneftegaz. With corporate and legal defenses in place, and a new Hungarian government firmly installed after the landslide election victory,... MORE
South Stream is Not a Ukraine Bypass Project
Russian Prime Minister, Vladimir Putin, stopped in Kyiv on April 27, following his discussions in Italy and Austria on the South Stream gas pipeline project (Austria Joins Gazprom’s South Stream Project, EDM, April 30).In Kyiv, Putin obliquely confirmed that Russia would not shift gas volumes... MORE
Austria Joins Gazprom’s South Stream Project
On April 24, Russia and Austria signed governmental and corporate agreements on Austria’s accession to Russia’s South Stream gas pipeline project. Prime Minister, Vladimir Putin, led the Russian delegation to the signing event in Vienna, with follow-up visits to Italy and Ukraine on April 26... MORE
Turkey Unleashes New Energy Strategy Plan
The Turkish energy ministry announced the strategic energy plan for 2010-2014, which seeks to accomplish several objectives: boosting supply security and Turkey’s influence in regional and global energy markets, protecting the environment, making greater use of domestic resources and restructuring the legal-institutional infrastructure of the... MORE
Opposition Slams Yanukovych for Promising to Renounce Highly Enriched Uranium
Ukrainian President, Viktor Yanukovych, promised his US counterpart, Barack Obama, to renounce the nation’s stockpile of highly enriched uranium (HEU) during their meeting on the fringes of the nuclear security summit in Washington on April 12. In return, Washington offered financial and technical assistance, in... MORE