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

Ukraine Braces for Gas Transportation Consortium with Russia
Kyiv’s hopes for cheaper Russian gas from January 1, have failed to materialize. However, gas talks are continuing and there are signs that Moscow will agree to cut the price of gas in exchange for a share in a consortium to be set up to... MORE

Putin and Gazprom Juggle South Stream Project Options after Turkish Approval
Moscow has confirmed that Turkey will allow Gazprom’s South Stream pipeline to be built through Turkey’s Black Sea exclusive economic zone, en route to central Europe (“Turkey Gains Little, Ukraine Has Much to Lose in Turkish OK to Russian South Stream,” EDM, January 9). Beyond... MORE

Turkey Gains Little, Ukraine Has Much to Lose in Ankara Backing Russian South Stream
On December 30, Russian Prime Minister Vladimir Putin and Gazprom CEO Aleksei Miller announced that Turkey has authorized the construction of Gazprom’s South Stream pipeline through Turkey’s Black Sea exclusive economic zone, bypassing Ukraine en route to central Europe (Russian TV, Interfax, December 30; Russian... MORE

Trans-Anatolia Gas Pipeline: Wider Implications of Azerbaijan’s Project (Part Two)
Timing, route, and parameters make Azerbaijan’s Trans-Anatolia Gas Pipeline a game-changing project. Planned to run from the Georgian-Turkish to the Turkish-Bulgarian border, with a capacity of 16 bcm annually, and scalable to 24 bcm, the line would cost $5 billion to $6 billion to build... 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

Trans-Anatolia Gas Pipeline: Wider Implications of Azerbaijan’s Project (Part One)
Energy Ministers, Natig Aliyev of Azerbaijan and Taner Yildiz of Turkey, signed on December 26 in Ankara a memorandum of understanding to build a Trans-Anatolia Gas Pipeline to Europe, dedicated mainly to Azerbaijani gas (“Direct Road to Europe: Azerbaijan’s Trans-Anatolia Gas Pipeline Project,” EDM, January... MORE

Direct Road to Europe: Azerbaijan’s Trans-Anatolia Gas Pipeline
On December 26 in Ankara, the Energy Ministers of Azerbaijan and Turkey signed a memorandum of understanding (MOU) to build a Trans-Anatolia Gas Pipeline to Europe. Crucially, Azerbaijan would be the main owner of this line in Turkish territory. Azerbaijan regards this gas project’s significance... MORE