Latest Articles about Energy

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

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

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

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

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

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

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

China and Venezuela: Equity Oil and Political Risk
Referring to the evolving political crisis in Venezuela, a Shanghai Academy of Social Science scholar, Zhang Jiazhe, recently remarked, if Hugo Chavez dies, “the diplomatic effect on China won’t be large because China-U.S. competition is in Asia not Latin America. Economically, China-Venezuela relations are... MORE

Ukraine Signs Agreement to Extract Gas Jointly with Shell
Shell will extract unconventional gas in Ukraine according to an agreement signed with Ukraine last week. This will be Ukraine’s first big project with a large multinational company in the oil and gas sector, and Chevron is likely to follow suit later this year. With... MORE

Uranium Waste in Central Asia Presents Serious Security Challenges
News agencies reported on January 10 that the European Union had earmarked 2.1 million euros ($2.8 million) for Kyrgyzstan to administer and rehabilitate the country’s former uranium-producing site in Min-Kush in central Naryn province as well as the uranium tailings (waste by-products of uranium mining)... MORE