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Kiev Should Stop Playing Politics With Gas Debt

Ukraine’s energy system can stay afloat only as long as the country’s underground gas-storage facilities are full. But by the end of the year the government in Kiev may start siphoning off natural gas...

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Has Ukraine Shot Itself in the Foot With Gas Pipeline Deal?

Last week, Ukrainian Prime Minister Yatsenyuk pushed a bill through the Verkhovna Rada that would see his country’s gas transportation system sold off to a group of international investors. The...

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Martin Armstrong Warns The West: “Sanctioning Russia Is A Big Mistake”

Via ZeroHedge & Armstrong Economics: “Politicians just keep making the same mistake over and over again. They perpetually turn to sanctions bankrupting private business with no respect whatsoever...

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EU Fracking Boom Becoming Less Likely

Pro-fracking campaign in the global media is fading fast. A year or two ago the extraction method suitable for the Arizona desert was presented as a key component of the EU’s energy security policy by...

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Russian Gas Provides Lifeline To Chinese Expansion

he shale gas game began to cool in China after the latest plunge in oil prices. However, thanks to the recently concluded Power of Siberia pipeline deal, Beijing will be able to rely on a stable supply...

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Ukraine To Disappear From EU Energy Picture By 2019

The modest installment payments that Ukraine is making on its $2.440 billion debt to Gazprom are not enough to restore the reputation of that country as a reliable transit partner. Since Russian gas is...

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The EU Energy Union Blueprint – One Voice, Different Interests

On Wednesday, Feb. 25, EU Energy Commissioner Maros Sefcovic presented an Energy Union proposal to supply Eastern Europe with gas from domestic sources. This draft document, which was made available to...

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Hazy Prospects for Iranian Oil

After Iran and the P5+1 group of international mediators signed the framework for an interim agreement in Lausanne, there was a surge in reports from the international media, predicting a shock to the...

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Iran’s prospects on European gas markets

Now that there is a chance that the sanctions against Iran might be lifted, that state’s oil and gas potential is once again a hot topic. Future increase in the amount of Iranian natural gas shipped to...

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BRICS New Development Bank could save Greece from financial vultures

This Greek tragedy has shown that the BRICS New Development Bank (NDB), which was launched at a summit in Ufa, was long overdue. While the shareholders of the New Development Bank debated questions...

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