Latest Articles about Energy

The End of China’s Play in the Canadian Oil Sandbox?
Only three years ago, China National Offshore Oil Corporation (CNOOC), China’s third-largest national oil company (NOC), launched the largest-ever Chinese overseas takeover bid, offering $15.1 billion to buy Nexen Inc., Canada’s ninth-largest oil company. Together with China National Petroleum Corporation and Sinopec Group, China’s two... MORE

Turkmenistan Considers Eliminating Generous Energy and Utilities Subsidies for Citizens
The Central Asian republic of Turkmenistan is considering abandoning the socio-economic system, in place since independence over 20 years ago, that the government has used to placate the population. At a meeting of the Council of Elders, on September 10, several members of this government... MORE

Ukraine to Resume Gas Purchases From Russia This Fall
On September 25, Russia, Ukraine and the European Commission (EC), which has been acting as a mediator in the energy talks between Moscow and Kyiv, agreed on new terms for Russian gas deliveries to Ukraine from October 2015 until March 2016. EC Vice President Maros... MORE

Could Russia Have Had a Role in Recent PKK Attacks on Turkish Pipelines?
On August 25, an explosion occurred on a Turkish natural gas pipeline that connects to the South Caucasus Pipeline, which transports gas from Azerbaijan, through Georgia, and into Turkey (Anadolu Agency, August 25). According to the Turkish press, the militant organization the Kurdistan Worker’s Party... MORE

Armenian Government Allows Sale of Country’s Sole Electricity Distributor
On September 17, Armenia’s Energy Minister Yervand Zakharyan told journalists in Yerevan that the government’s final decision about RAO UES International’s intention to sell 100 percent of the shares of Electric Networks of Armenia (ENA) should be expected within one week (Armenpress.am, September 17). By... MORE

Nord Stream Two in Ukrainian Perspective
At Russia’s initiative, the Nord Stream Two natural gas pipeline project has advanced from agreements of intent to a binding agreement; and Gazprom has formed the project consortium with several major European energy companies. Planned to connect Russia with Germany through the Baltic Sea by... MORE

Nord Stream Two: The Project’s Implications in Europe (Part Three)
*To read Part One, please click here. *To read Part Two, please click here. According to the European Union’s Energy Commissioner Miguel Arias Cañete, Ukraine is a “reliable transit country,” while Nord Stream Two does not help diversify supply sources, hence “it is not a... MORE

Nord Stream Two: The Project’s Implications in Europe (Part Two)
*To read Part One, please click here. Within Germany, Nord Stream has spawned a system of gas transmission pipelines and storage sites, dedicated to handling Gazprom’s gas en route to German and other countries’ markets. That system’s ownership and operation pose serious challenges to the... MORE

ENI’s Gas Discovery in Egypt Puts Pressure on Italian-Russian Energy Ties
The discovery of a world-class supergiant gas field in the waters off Egypt’s Mediterranean coast by Italian state-owned energy producer ENI is another step forward in Italy’s attempt to become an energy hub in southern Europe. Despite the silence of both the Russian government and... MORE

Nord Stream Two: The Project’s Implications in Europe (Part One)
Russia, Germany and a consortium of Western European companies have re-activated the Gazprom-led Nord Stream Two gas pipeline project. Parallel to the existing Nord Stream One pipeline on the Baltic seabed, Nord Stream Two would double the system’s total capacity to 110 billion cubic meters... MORE