On January 15, British Petroleum (BP) agreed to form a joint venture with Russia’s state-owned Rosneft to develop three of Rosneft’s offshore exploration blocks in northern Russia. The two companies will jointly explore for oil and gas in the Russian Arctic, one of the world’s last remaining unexplored hydrocarbon basins. …
In January, amidst a particularly cold winter, Russia’s quasi-governmental gas giant Gazprom turned off the gas taps to Ukraine after the two sides failed to reach agreement in a pay dispute. Downstream users including Romania, Bulgaria, Greece, and the Czech Republic were also put in the deep freeze. Gazprom has …
Have Russia’s oil and gas replaced Cossack squadrons and tank divisions as the means to intimidate Europe? Will pipeline routes create new dependencies in the 21st century which may force the NATO alliance come apart at the seams? Nord Stream is a gas pipeline between Russia and Germany, with spurs …
The ongoing row between Russia and Ukraine over natural gas supplies to Europe appears to be deepening. This comes just days after the European Union announced what was supposed to be a breakthrough agreement to get gas flowing again to at least 15 European countries, leaving millions in the cold. …
18 countries ranging from large European Union members, including Germany to small ex-Soviet Moldova, have been affected by Russian quasi-governmental gas giant Gazprom’s cut in natural gas supplies to Ukraine. Gazprom has become synonymous with energy intimidation and has specifically targeted former Soviet states such as Ukraine as it seeks …
Just as Europe is in the midst of a particularly cold winter, Russia’s quasi-governmental gas giant Gazprom has turned off the gas taps to Ukraine, a major transit corridor for Russian gas into Europe. Gas shortages are being reported in several countries, including Romania, Bulgaria, Greece and the Czech Republic. …