Latest Articles about Energy

Bulgarian Government Withdraws Chevron’s Shale Gas Permit

The Bulgarian Parliament has indefinitely suspended shale gas exploration and extraction in the country under public pressure from environmentalist groups. The moratorium will affect shale gas and oil exploration on the entire territory of Bulgaria and along its Black Sea shore (Bulgarian National Television, January... MORE

Rinat Akhmetov’s DTEK Acquires Ukrainian Energy Assets

The energy company DTEK has increased its shares in Ukraine’s four key regional power companies to controlling stakes during the past three months. Along with being the main buyer in the energy privatization campaign launched by the government late last year, DTEK has also almost... MORE

Ukrainian Government Mishandles Gas Negotiations with Moscow

President Viktor Yanukovych and his government are setting the stage, politically and legislatively, for transferring Ukrainian pipelines to Russian control, in a package deal with Gazprom. The president and government wavered and agonized at times, but are now actively preparing Ukrainian public opinion for an... MORE

Kazakh Leader Extends State of Emergency in Zhanaozen

Calm has been restored in the oil-rich western part of Kazakhstan after clashes between police and protesters on December 16-17 that left at least 16 people dead and more than 100 injured, including striking oil workers. But Kazakhstan’s cultivated image as a bastion of stability... MORE