Latest Articles about Energy

Surgut Neftegaz Tries Crashing MOL’S Doors

*Note to readers: the M:Communications company advises that Mr. Gennady Timchenko owned less than 0.1 percent of Surgut shares as of June 11 The Kremlin-connected oil company Surgut Neftegaz has launched judicial proceedings in Budapest's metropolitan court against Hungarian MOL, the most successful private oil... MORE

Gazprom and Western Companies Compete in Iran

On May 24 in Tehran, Iran's President Mahmoud Ahmadinejad and his counterpart in Pakistan Asif Ali Zardari signed an intergovernmental framework declaration on gas pipeline construction and gas deliveries from Iran to Pakistan. The declaration pledges support for the agreements of intent, signed by the... MORE

Social Protest and Political Struggle on the Rise in Dagestan

Electricity cutoffs in the capital of Dagestan, Makhachkala, have become the focal point of social protest actions in the republic. The Dagestani electricity distribution company imposed restrictions on the supply of electricity in Makhachkala on May 21 and extended the restrictions to several other Dagestani... MORE

Russia and Ukraine Revisit Gas Conflict

In what is becoming a monthly ritual, the Russian leadership has publicly stated that they fear Ukraine will be unable to pay its upcoming bill for Russian gas delivered in May. On May 27 Gazprom's spokesman Sergei Kupriyanov stated "Naftogaz is finding it enormously difficult... MORE

Armenia Presses Ahead with Nuclear Power Plant Construction

Armenia is pressing ahead with its ambitious plans to build a new nuclear power station to replace the aging Soviet-era facility at Metsamor slated for decommissioning by 2017. The Armenian government has commissioned an Australian engineering company to manage the project. However, the key question... MORE

Sochi Agreements and Aftermath Deflate South Stream Hype (Part Two)

Despite facing gas production shortfalls (relative to internal and external supply commitments) post-2010, Russia is multiplying its supply offers to European consumer countries through South Stream and other pipeline projects. Gazprom signed bilateral agreements on building South Stream with state-controlled Italian, Bulgarian, Greek, and Serbian... MORE