Latest Articles about Energy
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Ukraine Raises $790 Million For Chernobyl Shelter Project at Donor Conference
International donors committed a total of some 550 million Euros ($790 million) for the Chernobyl Shelter Facility (CSF) fund at the donor conference in Kyiv on April 19. Although this is less than the Ukrainian government originally hoped to raise, it is still an achievement... MORE
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Russia Prioritizes Increased Energy Supplies To China
Russia has pledged to expand its trade with China but commercial ties between the two nations remains focused on energy. During his trip to China for the BRICS summit (Brazil, Russia, India, China and South Africa), on April 13, Russian President Dmitry Medvedev pledged to... MORE
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Japan’s Approach to China’s Control of Rare Earth Elements
Japan has been dealt a number of blows over the past few years which have put the country’s high-tech production capacity at risk. Most recently the massive earthquake and subsequent tsunami that hit Japan in March has directly affected production efforts through rolling blackouts and... MORE
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The Rise of the Energy Faction in Chinese Politics
The appointment earlier this month of Su Shulin, Chinese Communist Party (CCP) secretary and general manager of Sinopec, as acting governor of Fujian Province highlighted the growing clout of the Energy Faction in Chinese politics. Senior executives of the Big Three yangqi (or centrally-controlled firms)... MORE
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Ukraine’s Government Frantically Seeks Another Discount On Russian Gas
Undermining their own negotiating position, Ukraine’s top leaders sound desperate for a price discount on Russian gas, and hurriedly offer pre-emptive concessions to Moscow. On April 21 President, Viktor Yanukovych, declared, “Ukraine cannot afford this [current] price. The situation is on the edge. Our industry... MORE
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Renewed Calls To Close Metsamor Nuclear Power Station
After the earthquake and tsunami in Japan and its disastrous impact on the Fukushima nuclear plant, the international community is once again raising concern about the Metsamor Nuclear Power station in Armenia. On April 11, National Geographic ran a powerful story, entitled “Is Armenia’s Nuclear... MORE
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Russia Struggles to Forge Global Energy Partnerships
Russia’s plans to modernize its oil production sector by pursuing international energy partnerships has been dealt a blow as a major deal became mired in legal disputes. Plans by Russia’s largest oil firm Rosneft to implement a share swap agreement with BP were hindered by... MORE
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Croatian Government Reverses Move Against MOL, But Problems Persist
The Croatian government has reversed a move that would have jeopardized its goal to complete accession negotiations with the European Union this year. A government meeting on April 2 was set unilaterally to impose a 49 percent limit on shareholding in the INA oil and... MORE
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Croatia Hesitates Between EU and Russia on Energy Policy
Croatia hopes to complete accession negotiations with the European Union during the course of this year. However, the government would put its own EU accession goals at risk if it were to re-orient its energy policy toward Russia, or away from EU competition policy. The... MORE
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Armenia Debates Nuclear Energy After Japan Disaster
The future of the nuclear power plant at Metsamor and Armenia’s continued reliance on atomic energy has come under pressure following the nuclear disaster in Japan. The Armenian government is facing renewed calls by local environmentalists to shut down the plant that generates about 40... MORE