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EU leaders want to see energy get cheaper to keep European industries competititve. But how to do it without compromising climate goals is controversial. Does it mean a return to fossil fuels? Renewable energies, such as wind, solar and water, require continued support in Europe, according...
The construction of South Stream gas pipeline in Serbia has been announced as the “business of the century” by the Serbian authorities for the past three years. Serbia should have revenues worth between EUR 200mn and EUR 500mn from transit fees. However, B92’s investigative program...
European leaders discussed the region's reserves of shale gas at a summit on Wednesday, but the prospect of the continent enjoying a U.S.-style shale boom that drastically cuts energy costs remains elusive. Arriving at the summit, British Prime Minister David Cameron, whose government is advancing...
Lithuania and other European countries will not be able to reach as low prices of shale gas as the United States, Connie Hedegaard, European Commissioner for Climate Action, has said while on a visit to Vilnius. Gas extraction in Europe would not be as efficient as in the US due to geographical and...
The Azerbaijan Diplomatic Academy (ADA) hosts a two-day conference on the partnership with NATO entitled "Security Challenges: the expansion of energy security in the XXI century", which started on Wednesday. The conference is co-organized by the NATO Foreign Ministry, the U.S. State Department, the...
As European leaders meet to discuss energy policy, there is a real urgency to deal with the climate crisis – and the EU cannot be held hostage to corporate demands, say campaign groupsEuropean Union leaders are meeting today to discuss furthering fossil fuel extraction including shale...
Azerbaijan plays a critical role in increasing alternative supplies for NATO allies, U.S. Ambassador to Azerbaijan, Richard Morningstar said during his speech at NATO partnership conference "Emerging Security Challenges: Enhancing Energy Security in the XXI Century" on Wednesday. "Next month we expect...
In the future Lithuania's apartments may be heated using shale gas imported from the US. Even President Dalia Grybauskaite thinks so, informs LETA/ELTA, referring to Lietuvos rytas. However, energy experts warn that Americans will decide everything on their won. Besides our dwarf market may...
The degree of Russia’s interest toward the Turkish market is limited to large-scale projects that can only pay dividends in the long run (for instance, the construction of the Akkuyu nuclear power plant and the laying of oil and gas pipelines across Turkish territory).It might be that Moscow will...
Lower gas demand has lead Gazprom to cut its forecast for gas output at its Bovanenkovo field in the Yamal Peninsula. Vsevolod Cherepanov, head of Gazprom's production department, said natural gas output forecast at Bovanenkovo would be reduced by almost one-third. Cherepanov said that 2013 production...
