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Volatile Iraqi Oil Industry Won’t Catch Saudis

Iraq, which is heavily dependent on oil exports, is facing an uphill battle as the violence-torn country is seeking to dramatically ramp up its...

Gas Ender’s Game

ATHENS – Fresh Gazprom demands for Kiev to pay its overdue bills have sparked fears the Russian gas monopoly may cut gas supplies to...

Ukraine Wants To Be EU Gas Player

YALTA - Ukraine will still remain the main transit country for Russian gas supplies to Europe even if the South Stream and Nord Stream...

EU Backs Polish, Greek Energy Projects

The European Commission on 16 October approved €465 million and €134 million in project financing “for natural gas pipelines and modernisation works” in Poland and Greece...

Iran wants to ‘restart’ ties with Europe, US

BAKU – Iran is seeking to “restart” its relations with the European Union and the United States in an effort to get back into...

European Commission toughens its stance against Gazprom

An EU probe against Gazprom is moving ahead as regulators are preparing to charge the Russian gas export monopoly with abusing its dominant position...

Croatia: ‘Ionian Adriatic Pipeline is top priority’

ATHENS – The Ionian Adriatic Pipeline (IAP) is a top priority among all the regional pipeline projects for Croatia, the country’s deputy economy minister...

Oil Falls As Geopolitical Tensions Ease

Oil prices have dropped as Libya’s output increased, Syrian President Bashar al-Assad said he will provide international inspectors access to chemical weapons facilities and...

Oettinger tells Gazprom the EU means business

STRASBOURG – European Energy Commissioner Günther Oettinger reiterated that the EU and Gazprom do not see eye to eye on long-term gas contracts and questioned...

Turkey’s BOTAS Eyes TAP Route To Europe

Turkey’s Energy and Natural Resources Minister Taner Yildiz reportedly said his country plans to buy a share of the Trans Adriatic Pipeline (TAP) gas...

And The Azeri Gas Goes To… The Envelope, Please!

ANAVYSSOS, Greece – After intense preparation, Nabucco West and the Trans-Adriatic Pipeline (TAP) are waiting for Azerbaijan to announce its decision about the pipeline...

Turkey Wants Kurds’ Energy Hand

Turkey is turning to the Kurdistan Region of Iraq to meet its growing demand for energy. Co-operation with Erbil may help Ankara diversify its oil and...

EU Commission, Gazprom Square Off

There is little love lost between Russia and the EU these days. Tension has already been heightened by disagreements over Syria, with Moscow warning...

Gazprom, SOCAR for Greece’s DEPA, DESFA

ATHENS - Following Greek Prime Minister Antonis Samaras’ visit to Baku on 19 May and Gazprom CEO Alexey Miller’s visit to Athens on 21...

Climate Talks Will Always Have Paris

PARIS – On 16 May, French Foreign Minister Laurent Fabius said he is “counting on help from the regions” as Paris undertakes the responsibility...

Greece irons out ‘technical details’ of DEPA sale

The privatisation tender for Greek Public Gas Corporation DEPA and gas network operator DESFA has been postponed “for technical reasons” and will be held...

Gazprom snubs EU-Ukraine gas talks

On 3 May, EU Energy Commissioner Günther Oettinger and Ukraine’s Energy and Coal Industry Minister Eduard Stavytsky led a two-day international high-level roundtable to...

US Warning Shot To Iran On Nukes

BRATISLAVA – On 19 April, the United States reiterated it is “determined to stop” Iran from developing nuclear weapon capability. “States such as Iran...

Eco-innovation starts in Abruzzo

PESCARA, Italy – The Abruzzo region, Italy’s emerging tourist destination, is no stranger to crisis. An earthquake rocked L'Aquila in central Italy in 2009...

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