US Warning Shot To Iran On Nukes
by Kostis Geropoulos BRATISLAVA – On 19 April, the United States reiterated it is “determined to stop” Iran from developing nuclear weapon capability. “States such as Iran that has shown no hesitation...
View ArticleTurkey’s BOTAS Eyes TAP Route To Europe
by Kostis GeropoulosTurkey’s Energy and Natural Resources Minister Taner Yildiz reportedly said his country plans to buy a share of the Trans Adriatic Pipeline (TAP) gas project using Turkish state...
View ArticleOettinger tells Gazprom the EU means business
by Kostis GeropoulosSTRASBOURG – European Energy Commissioner Günther Oettinger reiterated that the EU and Gazprom do not see eye to eye on long-term gas contracts and questioned the Russian gas...
View ArticleOil Falls As Geopolitical Tensions Ease
by Kostis GeropoulosOil 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 Iran’s...
View ArticleCroatia: ‘Ionian Adriatic Pipeline is top priority’
by Kostis GeropoulosATHENS – The Ionian Adriatic Pipeline (IAP) is a top priority among all the regional pipeline projects for Croatia, the country’s deputy economy minister told New Europe.Speaking on...
View ArticleEuropean Commission toughens its stance against Gazprom
by Kostis GeropoulosAn EU probe against Gazprom is moving ahead as regulators are preparing to charge the Russian gas export monopoly with abusing its dominant position in Central and Eastern...
View ArticleIran wants to ‘restart’ ties with Europe, US
by Kostis GeropoulosBAKU – Iran is seeking to “restart” its relations with the European Union and the United States in an effort to get back into the political and diplomatic arena and find markets for...
View ArticleEU Backs Polish, Greek Energy Projects
by Kostis GeropoulosThe 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...
View ArticleUkraine Wants To Be EU Gas Player
by Kostis GeropoulosYALTA - Ukraine will still remain the main transit country for Russian gas supplies to Europe even if the South Stream and Nord Stream projects are implemented, Kyivenegro Chairman...
View ArticleGas Ender’s Game
by Kostis GeropoulosATHENS – Fresh Gazprom demands for Kiev to pay its overdue bills have sparked fears the Russian gas monopoly may cut gas supplies to Ukraine, fuelling talk of an imminent Gas War...
View ArticleVolatile Iraqi Oil Industry Won’t Catch Saudis
by Kostis GeropoulosIraq, which is heavily dependent on oil exports, is facing an uphill battle as the violence-torn country is seeking to dramatically ramp up its sales in the coming years to fund the...
View ArticleGazprom’s South Stream Moving Into Europe
by Kostis GeropoulosGazprom said construction of its South Stream natural gas pipeline through Europe “was advancing steadily”. On 14 November, the management committee of the Russian gas monopoly met...
View ArticleUkraine Edges Closer to Slovak Gas Imports
by Kostis GeropoulosOn 22 November, a European Commission official told New Europe that a Ukrainian deal with Slovakia allowing the former Soviet republic to import gas from its neighbour through...
View ArticleLibya, Iran pull oil prices in different directions
by Kostis GeropoulosUnrest in Libya has raised supply worries fuelling oil prices while progress in settling the dispute over Tehran’s nuclear programme has raised traders’ hopes that more Iranian oil...
View ArticleIraq Wants Control of Oil Riches
by Kostis GeropoulosTurkish Energy Minister Taner Yildiz and Iraqi deputy Prime Minister for Energy Affairs Hussain al-Shahristani have said they agreed that oil exports from Iraq will require the...
View ArticleGerman Renewable Push Loses Steam
by Kostis GeropoulosBERLIN – As the Lufthansa airplane made its final approach to land on a runway at Berlin’s Tegel airport, wind turbines appeared scattered across the landscape. Germany has been at...
View ArticlePutin’s Ukraine Deal Chills Gazprom
by Kostis GeropoulosThe Gazprom officials’ facial expression on Russian television says it all. Clearly they did not agree with Russian President Vladimir Putin’s political decision to slash the cost...
View ArticleUkraine-Russia Lovefest Won’t Slow South Stream
by Kostis GeropoulosThe rapprochement between Moscow and Kiev, following a deal to provide Ukraine with a $15 billion loan and a gas price reduction from about $400 per 1,000 cubic metres to $268.50,...
View ArticleRussia fills US’ Iraq oil vacuum
by Kostis GeropoulosOn 9 January, Russian energy company Gazprom Neft, operator of the Badra oilfield, Iraq, said its first volumes of oil were produced from the field near the eastern Iraqi border...
View ArticleCommission to present climate targets for 2030
by Kostis GeropoulosSTRASBOURG – On 22 January, the European Commission will present the climate targets for 2030 although so far negotiations have proved difficult over the level of greenhouse gas...
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