Latest Articles about Energy

Chancellor Merkel Says Nein to Nabucco

Shifting gears from an ostensible equidistance between pipeline projects, German Chancellor Angela Merkel has come out against proposals to use European Union funds to kick-start the Nabucco pipeline project for bringing Caspian gas to Europe. Although Germany was never interested in this project in a... MORE

Security Service Raids Ukrainian State Gas Companies

On March 4 and 5 armed units of the Security Service of Ukraine (SBU) conducted raids on the headquarters of Naftohaz Ukrainy, the state-owned oil and gas company, and UkrTranshaz, the operator of the Ukrainian gas pipeline company. According to a March 5 report by... MORE

Hungary’s MOL Driving Efforts to Interconnect Gas Markets

On March 3 the Hungarian gas transmission operator FGSZ—a subsidiary of MOL, the Hungarian oil and gas company—signed a contract with Croatia's state pipeline operator Plinacro to build an interconnector gas pipeline between the two countries. The project fits within MOL's strategy of promoting construction... MORE

Russia’s New Energy Doctrine

The Kremlin articulated some details of its new assertive energy strategy, following the inauguration of a major energy project on the Pacific island of Sakhalin and a significant energy deal with China. Russian President Dmitry Medvedev dismissed perceived attempts to exclude Russia from global energy... MORE

Russia Enters Global LNG Market Thanks to Foreign-Built Plant

Russia's first-ever plant for liquefied natural gas (LNG) was inaugurated near Yuzhno-Sakhalinsk on February 18 in the presence of Russian President Dmitry Medvedev, Britain's Prince Andrew, Netherlands Economic Affairs Minister Maria van der Hoeven, and Japanese Prime Minister Taro Aso. The plant will process gas... MORE