Latest Articles about Energy
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Russia Seeks Closer Energy Partnership with China
On February 25, Russian Deputy Prime Minister Arkady Dvorkovich traveled to China to attend a first meeting of the bilateral intergovernmental commission on energy cooperation. The commission was formed in December 2012 to replace the bilateral Russia-China energy dialogue. Dvorkovich held talks with his Chinese... MORE
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Political Crisis in Bulgaria to Delay Energy Sector Reforms
The resignation of the Bulgarian government amidst massive protests against high energy prices, poverty and corruption has left the country in disarray. Prime Minister Boyko Borisov announced the resignation of his cabinet on February 20 after protests in Sofia turned violent, leaving 25 people injured,... MORE
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Croatian Government Considers Expansion of Russian Energy Companies (Part Two)
Last month, the Croatian government signed up to Gazprom’s South Stream pipeline project; it agreed to re-start importing certain gas volumes from Gazprom through existing pipelines from 2013 onward; it welcomed Gazprom’s offers to build jointly-owned power plants in Croatia; heard an unexpected proposal for... MORE
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Belarus-Russia Integration Is Given a Boost
While Minsk has been recently trying its best to revive its relationships with the West (see EDM, February 13), reciprocal steps have not yet been undertaken by the Western countries and international structures. On the contrary, on February 8, the EU proposed that Belarus’s human... MORE
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Croatian Government Invites Expansion of Russian Energy Companies (Part One)
Croatia is expected to join the European Union as a full member in July of this year. In the energy sector, however, Croatia’s center-left government is marking the EU accession in its own ways: First, by joining Gazprom’s South Stream pipeline project, in breach of... MORE
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Protests against Rising Energy Prices in Bulgaria: Will Sofia Follow Warsaw and Kyiv’s Lead on Shale Gas?
One year after the Bulgarian parliament adopted a moratorium on shale gas exploration under pressure from environmental groups, public protests against high prices of electricity and heating have swept the country. The protests, however, seem to target the energy distribution companies and their pricing policies... MORE
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Russia Aims to Extend Alliance with Venezuela
Hugo Chavez’s reported life-threatening illness has repercussions beyond Venezuela and even Latin America. The prospect of a potential change in Venezuela’s leadership has led Russia to seek to ensure its strong position in Venezuela and its availability as a base for Russian activity throughout Latin... MORE
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Ukraine Rejects Russia’s $7 Billion Claim for Unused Gas
Ukraine has rejected Russia’s demand that it pay a fine for taking less Russian gas from pipelines last year than stipulated by contracts. Kyiv’s position is that the contracts, which it considers damaging to Ukraine, should long ago have been revised. Gazprom can now sue... MORE
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The Perpetual U-Turns in Bulgaria’s Nuclear Energy Policy
After a January 27 referendum on the future of Bulgaria’s second nuclear power plant (NPP) failed to produce a binding result, Sofia announced in a letter to the European Commission its decision to instead construct a new 1,000-megawatt (MW) reactor at the existing Kozloduy NPP... MORE
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Kazakhstan Oil and Gas Output Rises Slightly in 2012
On January 28, 2013, Kazakhstan’s Oil and Gas Ministry announced the country had exported 68.62 million tons of crude oil and condensed natural gas in 2012, a 3.3-percent rise over the 2011 figure. In 2013, Kazakhstan plans to produce 82 million tons of crude oil... MORE