Latest Articles about Energy

Putin Raises the Stakes in his Black Sea Gas Gamble

On May 16 while Moscow was captivated by the spectacle of the "Eurovision" song contest, Prime Minister Vladimir Putin escaped to Sochi to devote himself to gas politics. Italian Prime Minister Silvio Berlusconi was his first guest, followed by the ceremony marking the signing of... MORE

Energy and the Russian National Security Strategy

On May 12 Russian President Dmitry Medvedev approved the latest version of the "National Security Strategy of the Russian Federation up to 2020" (www.scrf.gov.ru, May 12). The text of the 7,300 word document was posted on the website of the Russian Security Council and is... MORE

Turkey Adopts a More Cooperative Position on Nabucco

According to a senior EU official a new deal has been struck between Turkey and the EU paving the way to sign the intergovernmental agreement for the Nabucco project in Ankara on June 25. The breakthrough was reportedly made possible by Turkey dropping its uncompromising... MORE

Moscow Strengthening its Energy Ties with China

On April 21, Beijing and Moscow finalized an intergovernmental deal under which Russia will supply China with oil for 20 years in exchange for a $25 billion loan to Russia's state-run energy companies. Deputy Prime Minister Igor Sechin said the construction of a branch from... MORE

Moscow Pressuring Ukraine on its EU Pipeline Deal

Ukrainian Prime Minister Yulia Tymoshenko, commencing talks with her Russian counterpart Vladimir Putin in Moscow on April 29, said that a "certain confrontation" in the gas trade between the two countries will soon become history. She had planned to meet Putin on April 8, but... MORE

Gazprom’s Murky Games in Hungary

Gazprom may be preparing to take over a large part of the Hungarian domestic gas distribution network. A new, highly opaque deal is in the works as a result of which Hungary's energy security could be threatened. On April 28 Emfesz KFT, a major Hungarian... MORE