Latest Articles about Energy

China’s Penetration of the Canadian Energy Market

China’s relentless global search for energy supplies has taken it from Central Asia to Sudan. But China imports oil from politically unstable nations such as inflation-ravaged Venezuela; Iran, constricted by international sanctions; and violence-ridden Iraq, the Democratic Republic of Congo and South Sudan, increasing the... MORE

Bulgaria: The Cost of Resuscitating South Stream

On April 4, the Bulgarian parliament passed on a first reading amendments to the energy law that would allow the Russian-led South Stream gas pipeline project to bypass European Union legislation. Disregarding a strong warning by the EU Commission, Bulgarian lawmakers voted to designate one... MORE

Ukraine Readies to Resume Buying EU Gas

Ukraine’s newly appointed energy minister, Yury Prodan, is scheduled to discuss in Brussels on March 19 the resumption of natural gas imports from the European Union, as well as the launch of reverse gas flows from Slovakia (https://economics.unian.net/energetics/893257-prodan-19-marta-poedet-v-bryussel-govorit-o-reverse-gaza.html). The decision is predicated on the expectation... MORE

Southeast Europe: Reactions to the Crisis in Ukraine

The crisis in Ukraine has resonated throughout Southeast Europe, evoking memories of the violent break-up of Yugoslavia and worries of fresh interruptions in Russian energy supplies. As the European Union and the United States condemn Russia for its military takeover of Crimea and prepare to... MORE

Gazprom Accumulates Storage Capacities in Germany

Russian natural gas exports to Germany grew to 40.2 billion cubic meters (bcm) in 2013, a hefty increase over the preceding year’s 33.2 bcm, according to Gazprom’s sales report for 2013 (Interfax, January 16, 2014).A growing share of that increasing volume enters Germany through the... MORE