Latest Articles about Energy

Sino-Russian Relations: Renewal or Decay of a Strategic Partnership?
Sino-Russian relations appear to be picking up the tempo with frequent high-level visits taking place in recent months. Last week, the top Chinese military officer, Vice Chairman of the Central Military Commission, Gen. Guo Boxiong, met with Russian Prime Minister Vladimir Putin and top Russian... MORE

China’s Cautious Economic and Strategic Gamble in Venezuela
Since coming to power in February 1999, Venezuelan president Hugo Chavez has waged a highly visible campaign against the U.S. and Western “imperialism” in Latin America, replete with fiery rhetoric, nationalization of strategic industries, the creation of alternative regional institutions, support for a range of... MORE

Ukraine and Azerbaijan Map Out LNG Project Via Georgia and Black Sea
To reduce its dependence on expensive Russian natural gas, Ukraine proposes to import Azerbaijani liquefied natural gas (LNG) via Georgia and across the Black Sea to Ukraine. Recent gas discoveries in Azerbaijan, and the reactivation of the Turkmenistan-Azerbaijan gas pipeline project, encourage a growing number... MORE

Ukraine and Russia Prepare New Gas Agreement
Ukrainian President Viktor Yanukovych met with his Russian counterpart Dmitry Medvedev and Prime Minister Vladimir Putin near Moscow on September 24 in a last-ditch attempt to persuade the ruling tandem to lower gas prices for Ukraine. The officials involved have avoided saying anything specific about... MORE

Nabucco’s Rivals Deploy Their Counter-Arguments
Baku expects three gas transportation consortiums to submit competing bids by October for the gas production of Azerbaijan’s Shah Deniz field, Phase Two. The rival projects are Nabucco (Turkey-Bulgaria-Romania-Hungary-Austria, potentially reaching Germany), ITGI (Interconnector Turkey-Greece-Italy), and TAP (Trans-Adriatic Pipeline, linking Turkey via Greece and Albania... MORE

Turkey Threatens Greek Cypriots Against Unilateral Oil and Gas Exploration In the Eastern Mediteranean
Amidst growing concerns about the escalation of Turkish-Israeli tensions in the Eastern Mediterranean, Ankara’s decision to undertake seismic exploration for oil and gas – in retaliation for the Greek Cypriot administration’s ongoing exploration activities – further raised tensions in the region. Recently, the Greek Cypriots... MORE

Aliyev Announces Major Energy Discovery On State TV
The last several months have been full of good news for the national oil company of Azerbaijan. As the country prepares to celebrate the anniversary of the “Contract of the Century” (the main oil contract signed in 1994 between Azerbaijan and a consortium of western... MORE

Russian Strategic Interests Expand In the Arctic
Russian Prime Minister Vladimir Putin has been the chief proponent of Arctic development among the Russian elite, and he continues to be its booster. Putin promotes the creation of infrastructure so that Russia can exploit the Arctic’s energy resources as he emphasizes the need to... MORE

Gazprom’s South Stream Shareholders Sign Agreement On Black Sea Offshore Pipeline
On September 16 in Sochi, Russian Prime Minister Vladimir Putin presided over the signing of a shareholders’ agreement to build the offshore section of the South Stream gas pipeline (Interfax, September 16, 17).The agreement pertains to the pipeline’s section on the seabed of the Black... MORE

European Union Officially Endorses Trans-Caspian Pipeline to Link Up With Nabucco
Two decisions, adopted in quick succession by the Council of the EU and the European Commission, signify major advances in developing the European Union’s common external policy on energy. The EU has decided to negotiate with Azerbaijan and Turkmenistan on natural gas supplies; and in... MORE