Russia

Putin, Erdogan launch TurkStream to Turkey, Southern Europe

Russia and Turkey launched the TurkStream gas pipeline on 8 January in a ceremony attended by Russian President Vladimir Putin, Turkish President Recep Tayyip...

Libya’s warlord Haftar rejects call for ceasefire

Khalifa Haftar, commander of the Libyan National Army, rejected calls for a ceasefire by Turkey and Russia and announced a continuation of his military...

Russia and Turkey call for ceasefire in Libya

Turkish president Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin called for a ceasefire in Libya, following talks in Istanbul on 8 January. In...

Trump says Iran is ‘standing down’ after strike

Speaking from the White House, US President Donald Trump has said Iran "appears to be standing down" after it fired missiles at air bases...

Iran’s top commander Soleimani killed in US drone strike

Qassem Soleimani, the head of Iran's elite Quds Force and the mastermind behind the Islamic Republic’s military and foreign policy in Iraq, Syria, Lebanon,...

Irked Merkel rips US Nord-Stream-2 sanctions

German Chancellor Angela Merkel has reportedly criticised US sanctions on companies constructing the Nord Stream-2 gas pipeline from Russia to Germany but noted that...

OPEC+ becomes OPEC- with oil production cuts

The Organization of the Petroleum Exporting Countries (OPEC) and other major producers led by Russia, a group known as OPEC+, have reportedly agreed to...

Russia commences Power of Siberia pipeline gas supplies to China

Russia started on 2 December Russian gas pipeline supplies to China via the ambitious Power of Siberia gas pipeline or so-called eastern route.Taking part...

Gazprom sets rules for Ukraine passage of EU gas

Russian gas monopoly Gazprom said on 18 November that the company submitted to Naftogaz of Ukraine an official proposal signed by Gazprom CEO Alexey...

Oil mess in Texas, OPEC caution gush crude prices

A surprise drop in US crude inventories and comments from Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo about lower-than-expected US...

Resumption of peace talks may pause Turkish drilling in Cyprus EEZ

Incoming new EU Commission may be keener on negotiations to resolve regional East Med problemsLIMASSOL, Cyprus – The possible resumption of the dormant peace...

At Cairo summit, Turkey slammed for drilling in Cyprus’ EEZ

At a trilateral summit between Egypt, Cyprus and Greece in Cairo on 8 October, the leaders of the three countries slammed Turkey's drilling in...

Drone strikes on Saudi oil fields spike prices

Geopolitical tensions and fears of longer-than-expected supply shortfalls led to Brent crude oil prices rising more than 1% on 19 September following the drone...

EU wants progress in Russia-Ukraine gas talks

The European Union will host a fresh round of Trilateral Gas Talks between Russia and Ukraine on 19 September in Brussels with European Commission...

Russia fuels global gas race with Arctic LNG-2 project

Competing in the global liquefied natural gas (LNG) race, Russia’s largest independent gas producer, Novatek, France’s Total and the other project shareholders have approved...

EU says Ukrainian pipeline still key conduit for Russian gas

The European Union fully supports Ukraine as a stable and reliable transit route and will do its utmost to ensure that Ukraine remains an...

The big question mark for OPEC and Russia confab: Extend production cuts

MOSCOW – The Organization of the Petroleum Exporting Countries and other major oil producers led by Russia plan to meet on 1-2 July in...

Don’t slow the flow: EU wants no snag in Russian gas via Ukraine

As Nord Stream-2 builders are planning to finish the gas pipeline from Russia to Germany underneath the Baltic Sea by the end of the...

Could Kazakhstan’s recent election be a model for the rest of Central Asia?

NUR-SULTAN, Kazakhstan - As the dust settles following Kazakhstan’s elections, some outside observers are concluding that the approach taken by the Kazakh government in support...

Kosovo-Serbia relations again disrupted

Raids by Kosovo police on 28 May in a large anti-corruption operation triggered a serious deterioration of already-strained Kosovo-Serbia relations in the following days,...

US sanctions may be too late to stop Nord Stream-2 construction

US sanctions against the controversial Nord Stream-2 pipeline from Russia to Germany are unlikely stop the project’s construction but may prevent Russian gas monopoly...

US boosts LNG supplies to the EU, aiming to reduce reliance on Russia

The increased exports of American liquefied natural gas (LNG) to Europe will decrease the European Union’s reliance on Russia and boost EU energy security,...

Finland to start constructing nuclear plant with Russian reactor in 2021

SOCHI, Russia – Fennovoima is proceeding with plans to build the Hanhikivi 1 nuclear power plant in the northern Finnish city of Pyhäjoki and...

OPEC+ oil production cuts, possible US-China trade deal boost oil prices

Supply cuts led by the Organization of Petroleum Exporting Countries (OPEC), US sanctions against Iran and Venezuela and the possibility of a US-China trade...

Name Dispute: Important issues progressing while public attention fades

While the Name Dispute between Greece and the newly-renamed Republic of North Macedonia has fallen out of the headlines, several notable developments occurred in...

Pompeo spearheads US efforts to bring East Med gas to EU

ATHENS – The United States is very supportive of plans to develop gas reserves in the East Mediterranean and export them to Europe, lessening...

Delphi Economic Forum – A small US official presence, but long American shadow

DELPHI, Greece - At the February 28-March 3 Delphi Economic Forum, (DEF) entitled “The Challenge of Inclusive Growth” the long list of invited American...

Cyprus’ new Glaucus-1 gas field can boost EU energy security

DELPHI, Greece - A major offshore natural gas discovery in the Eastern Mediterranean near Cyprus at the Glaucus-1 well by US energy giant ExxonMobil...

Exxon potential gas find in East Med boosts EU pipeline hopes

Israel, Cyprus, Greece and Italy are expected to sign an intergovernmental agreement for the EU-backed EastMed pipeline project in March to transport natural gas...

German MEPs Brok and Keller reiterate opposition to Nord Stream-2

STRASBOURG – Two members of the European Parliament on February 12 renewed their opposition to the Nord Stream-2 natural gas pipeline from Russia to...

Name Dispute: North Macedonia’s name change takes hold

Following Greece’s ratification of the NATO Accession Protocol for North Macedonia February 8, over the past week, Europe witnessed a series of implementation steps...

EU tougher regulations unlikely to stop Nord Stream-2

EU ambassadors have reportedly agreed to toughen regulations on the Nord Stream-2 on February 8, but they have decided not to back plans that...

Israel, Cyprus, Greece and Italy show political will for EastMed gas pipe

ATHENS - There is political will from Israel, Cyprus, Greece and Italy to proceed with the construction of the EastMed natural gas pipeline, Israel’s...

US oil production may undermine OPEC-Plus cuts

The United States becomes a net energy exporter in 2020 and remains so throughout the projection period as a result of large increases in...

Tsipras narrowly wins self-imposed confidence vote

Greek Prime Minister Alexis Tsipras won the closest of confidence challenges late January 16 with 151 votes in favour and 148 against. Although at...

EU energy policy to boost security of supply in the Balkans

ATHENS – The European Union and member states need to work together to increase energy security, which is a goal that will be continued...

Slower global economic growth can lead to lower oil and gas prices in 2019

Oil prices are unlikely to rise significantly this year because of fears of an oil supply glut caused by over production and reduced oil...

UN face off over Kosovo army vote

The Kosovo Parliament’s December 14 vote to formally create a military structure triggered the almost-automatic UN Security Council (UNSC) face off December 17 in...

Kosovo votes to transform civil defence force into formal military structure

The Kosovo Parliament voted almost unanimously on December 14 to begin the process of upgrading the country’s existing NATO/KFOR-trained paramilitary force, the Kosovo Security...

Name Dispute: Flaws in Prespes Agreement fuel new Greek firestorm

With the Prespes Agreement ratification steamroller moving almost inexorably forward in Macedonia/FYROM, public attention to the issue in Greece has refocused and the subject...

Putin voices support for OPEC, sees no need to cut production

Russian President Vladimir Putin reportedly said on November 15 that Moscow is committed to continuing its cooperation with the Organization of Petroleum Exporting Countries...

With an eye on Nord Stream-2, EU Gas Directive debate heats up

The European Union debate on the on-going revision process of the Gas Directive continues as businesses and companies are concerned that changes will affect...

Name Dispute: Questions raised over Greek commitment to Prespes Agreement

Greek Defense Minister Panos Kammenos displayed to his American interlocutors a total lack of policy coordination within his country’s coalition government when he proposed...

Name Dispute: Referendum results wound two Balkan leaders

Zero hour has passed in the Name Dispute. Surprisingly low turnout for the September 30 referendum in Macedonia/FYROM to approve June’s Prespes Agreement settling the...

Russia’s ‘western route’ to China may jeopardise Gazprom’s supplies to Europe

The Power of Siberia gas pipeline is scheduled to start on December 20, 2019, transporting gas supplies to China from the Russian Far East...

A revived role for the US in Northern Greece requires dynamic action and focus

As a former US diplomat who served as Consul General in Thessaloniki, it’s impossible not to become a lifelong booster of the Thessaloniki International...

Merkel, Putin to discuss Nord Stream-2 and Ukraine transit

When German Chancellor Angela Merkel and Russian President Vladimir Putin meet at the Meseberg Palace outside Berlin on August 18, the two leaders will reportedly discuss...

Trump-Erdogan spat, Iran sanctions, Maduro’s Venezuela could spike oil prices

Growing tensions between the United States and Turkey, fresh US sanctions against Iran, and falling oil production in Venezuela have increased the possibility of...

Russia’s Gazprom to supply China via Power of Siberia pipeline

In an effort to strengthen Russia’s foothold in the Asia-Pacific region, Gazprom is advancing plans to supply China with gas via the Power of...

Oil prices likely to rise as US plans to officially pull out of Iran deal

US President Donald J. Trump has said the United States will pull out of a nuclear agreement with Iran and any company dealing with...

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