Latest Articles about Energy

Russian Oil Companies Buying West European Refineries

Russian oil companies Gunvor, Rosneft, and Lukoil are spearheading what looks like an acquisition spree of refining capacities in Western Europe. Some West-European authorities accept without qualms and even welcome such Russian takeovers, apparently viewing them as crisis-relief measures for stricken European refineries and workforces... MORE

Is Nuclear Power the Panacea for Belarusian Energy Problems?

On February 23, Belarus’ Minister of Energy, Alyaksandr Azyarets announced the signing of the basic contract for the construction of the Belarusian nuclear power station in Astravets district (Hrodna region). Earlier that month, Belarus’ Belvneshnekonombank and Russia’s Vneshekonombank signed a bilateral agreement that provides the... MORE

Lithuania Contracts for LNG Terminal

In 2011, Lithuania became the first European Union member country to enact EU energy market reform on national territory (see EDM, July 7, 2011). Lithuania opted for the most far-reaching version of this anti-monopoly legislation (“unbundling,” under the EU’s Third Energy Package). It requires separation... MORE

Projects in Synergy: Trans-Caspian, Trans-Anatolian Gas Pipelines

Addressing the Caspian-European Integration Business Club in Baku (Trend, Today.Az, February 29), Azerbaijan’s Industry and Energy Minister Natig Aliyev announced that negotiations on a Turkmenistan-Azerbaijan gas pipeline are advancing, as part of the EU-backed Southern Corridor to Europe. For its part, Azerbaijan is holding meetings... MORE