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DM: Record interest in Danish oil and gas licensing round

Denmark has received a record number of applications for oil and gas permits in its latest licensing round, including from A.P. Moller-Maersk's oil unit, Royal Dutch Shell and Hess . The Danish Energy Agency said it had received 25 applications from 15 companies by Monday's midday deadline. The licensing...

RFERL: Russia And The Price Of Crude Oil

A balanced budget for Russia depends on an average price of crude oil between $110 and $115 per barrel. But with prices recently falling below $90 and signs that the price may stay low for the foreseeable future, the country may experience shortfalls. Here is where the price of oil was over the past...

Moscow Times: Russia's Gas Monopoly Is Over

The position of Russian natural gas in Central and Eastern Europe seems unshakeable: 100 percent market share in Latvia, Estonia, Lithuania and Belarus, 90 percent in Bulgaria, 80 percent in Hungary and Slovakia, and 60 percent in the Czech Republic...

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