Latest Articles about Energy
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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
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Turkish-Azeri Talks on Gas Prices Continue through “Soccer Diplomacy”
Turkish Energy and Natural Resources Minister Taner Yildiz discussed energy issues with Azeri officials on the sidelines of a recent soccer game. Following his talks, Yildiz commented on the status of the Turkish-Azeri talks on pricing gas imports and Turkey's position on the Nabucco project.... MORE
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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
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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
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The Kurdistan Regional Government Launches Oil Exports through Turkey
The Kurdistan Regional Government (KRG) has started to export its oil to European markets, under partnerships with Turkish and other international energy companies. Following a new consensus on the distribution of revenues between the central administration in Baghdad and the KRG, oil from the Tawke... MORE
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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
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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
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Moscow Playing with Multiple Options on Black Sea Pipelines
On May 17 in Sochi the Russian Prime Minister Vladimir Putin and his Turkish counterpart Recep Tayyp Erdogan concluded a deal on natural gas. Putin and Gazprom CEO Aleksei Miller promised to proceed with the Blue Stream Two gas pipeline project in a revised version... MORE
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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
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Sochi Agreements and Aftermath Deflate South Stream Hype
On May 15 in Sochi, Gazprom signed bilateral agreements with Italy's ENI, Bulgarian Energy Holding, the Greek DESFA Corporation, and Serbia Gas -all state-controlled companies- on implementing Gazprom's South Stream project for gas export to Europe. Russian Prime Minister Vladimir Putin attended the signing of... MORE