Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.
The Assistant to US President for National Security Affairs John Bolton arrived in Azerbaijan on Wednesday (24 October), as part of a tour which will also take him to Armenia and Georgia, in an effort described by commentators as an attempt to isolate Iran.
Poland's state-run gas firm PGNiG said on Tuesday (16 October) it filed a complaint with the EU's top court against a controversial deal by the European Commission to settle an anti-trust case against Gazprom, the Kremlin-backed energy giant.
The European Commission's push to rewrite the EU's Third Gas Directive is doomed, but Brussels has not withdrawn its proposal because it is preparing a "grand bargain” with Russia, experts told a EURACTIV event on Wednesday (5 September).
A series of conferences dedicated to the China-promoted One Belt One Road initiative are taking place in the capital of Kazakhstan, Astana. Plans to launch a gigantic renewable energy project with the potential to supply the EU were also mooted.
The presidents of Turkey, Azerbaijan and Georgia will inaugurate today (12 June) the Trans Anatolian Natural Gas Pipeline (TANAP), a key section of Europe's long-delayed Southern Gas Corridor (SGC), according to announcements made in the three country's media.
President Vladimir Putin yesterday (4 June) downplayed suggestions Russia was seeking to disrupt the European Union's cohesion, saying it was in his country's interests for the bloc to remain "united and prosperous".
The EU's antitrust regulators have ended their investigation into Gazprom without imposing any fines, the Competition Commissioner Margrethe Vestager announced on Thursday (24 May). The Russian gas giant welcomed the EU's decision and promised to reform.
For the first time, the Netherlands became a net importer of gas last year, reflecting the inexorable decline in production from Europe’s North Sea fields – an issue EU policymakers are only starting to come to terms with.
EU regulators will settle their antitrust case with Gazprom by next week, people close to the matter said on Monday (14 May), after the Russian energy giant pledged to change its pricing structure and allow rivals a foothold in eastern Europe.
Poland, the EU country at the forefront of efforts to stop the Nord Stream 2 offshore pipeline project, announced on Wednesday (9 May) it launched legal proceedings against Gazprom and the five EU companies involved in the project, warning they risk fines of up to 10% of their annual turnover.
German Chancellor Angela Merkel said today (10 April) that plans for a controversial second underwater pipeline to bring gas from Russia could not go forward without Ukrainian involvement in overland transit.
A motion introduced by the Green group to oppose “projects of common interest” based on fossil fuels was rejected by a large majority of MEPs last week (March 14), but among those who supported it were MEPs who traditionally support Russia.
In a wide-ranging interview on Monday (5 March), Russia’s ambassador to the EU Vladimir Chizhov discussed Syria and eastern Ukraine, the current tensions between Gazprom and Naftogaz, as well as the Italian election.
The European Commission has proposed to extend EU internal energy market rules to cover offshore gas pipelines. But the legal services of the Council – representing EU member states – has opposed the EU executive's legislative proposal.
New tensions between Moscow and Kyiv flared yesterday (1 March) after Russia's Gazprom said it will not restart gas supplies to Ukraine and Naftogaz accused its counterpart of violating contractual agreements.
Ukrainian state-owned energy firm Naftogaz said yesterday (28 February) Russia's Gazprom would have to pay it $2.56 billion after a Stockholm court found in Naftogaz's favour in the final stage of a long-running legal battle.