Emerging reports shed light on…
Iraq's new oil law aims…
Turkey has been the darling of foreign oil and gas investors who are looking to new frontiers that are less risky, from a security and political stability point of view.…
Ukraine is one step farther away from Europe. A sudden decision made by the Ukrainian president Viktor Yanukovich to cancel the signing of a pre-agreed deal with the European Union…
Ukrainian energy company Naftogaz said it agreed with Russian gas giant Gazprom to defer payments for winter gas supplies until early 2014. With Ukraine embroiled in protests, and Europe making…
Though Norway in June overtook Russia in total exports of natural gas to Europe, the balance of Russian gas to Europe comes through Ukraine, which itself is dependent upon Russia…
Russia’s surprising move to offer Kiev a ‘gas discount’ marks the return of Ukrainian oligarch Dmytro Firtash to the international energy scene, a move that speaks volumes on the current…
Those concerned with European energy are excited for the arrival of finalized plans for the Southern Gas Corridor that will carry natural gas from Azerbaijan, through Turkey, Albania, Greece to…
Well, its official – the Nabucco pipeline is officially dead. Romania’s national natural gas transit company Transgaz, is convening an Extraordinary General Meeting of Shareholders on 23 September to…
Bottom Line: An emerging joint venture between Russia’s Rosneft and Azerbaijan’s state-run SOCAR poises the Azeri company to enter an even bigger league.
The population in the eastern Mediterranean region is expected to increase by as much as 35 percent in the next 20 years. Natural gas deposits in the Levant Basin are…
Bottom Line: Belarus reinstates an investor-unfriendly rule in order to subdue Russian power in its business. Analysis: In 2008, the Belarusian government revoked its “golden share” rule that…
Pity poor democratic, energy bereft post-Soviet Central Asian state Kyrgyzstan.Alone amongst the debris field of post-Soviet states in the unexpected aftermath of the sudden December 1991 implosion of…
Bottom Line: Armenia’s plans to hand over the state’s remaining stake in its natural gas monopoly to Gazprom has opposition politicians furious over the prospect of ceding total control of…
Bottom Line: Romania announces that construction will begin soon on a natural gas pipeline to neighboring Moldova, in a project that will underbid Gazprom prices and challenge Russia’s control in…
The implosion of the Soviet Union in 1991 produced three petro-states – the Russian Federation, Kazakhstan and Azerbaijan.Of these, Azerbaijan has the longest history, having begun producing petroleum…
We’ve been holding on to this nugget for some time, waiting for one of the last pieces of the puzzle to near position. Now it’s time: Bosnia and Herzegovina has…
Bottom Line: Now that Croatia has joined the European Union, Russia will work hard and fast to get its foothold in the Balkan country’s energy market, where location gives it…
The dire state of the Greek economy is well known to its European Union partners. Further hammering the economy are Greece’s massive oil imports. According to the U.S. government’s Energy…
The British government got an earful from Kazakhstan this week despite Prime Minister David Cameron's economic outreach. The prime minister arrived Sunday in Kazakhstan to help launch one of the…
Let’s watch Turkey’s ruling party elite hedge their bets over Prime Minister Recep Erdogan’s longevity, as protests continue into their second week. The ruling Justice and Development Party…
Bottom Line: If Prime Minister Erdogan continues to mismanage a crisis in the form of 7 days running of mass anti-government protests, the highly influential Gulen Movement will surface to…