Energy Policy

Bershias accused of plotting with Serbian energy moguls

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Socialist leader of the opposition, Edi Rama, urged the Albanian Prime Minister Sali Berisha to explain why Albania’s state-owned electricity transmission operator blocked the tender for the construction of a power line between Albania...

UNDP Gender Director: Powering Africa out of poverty

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Ms Winnie Byanyima, Director of the UNDP Gender Team is no ordinary official or advocate. Prior to joining the UN she has been pioneering Uganda’s development and governance by ensuring that women were part...

[BREAKING NEWS] Rosatom: Russia will fulfil its Belene obligations

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Kirill Komarov, the deputy director general for international business and development of the Russian State Nuclear Agency Corporation, Rosatom, stated today that Russia will fulfil of its obligations mentioned in the bilateral contracts between...

Argentina and Spain at odds over plans to nationalise YPF

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Argentina's President Cristina Fernandez introduced a bill to renationalise YPF, the country’s biggest oil company, where Spain’s Repsol is the main shareholder.   Fernandez said the legislation put to congress would give Argentina a majority stake...

Russia-Kazakhstan-Ukraine single grain pool talks stall

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  Export potential of the three biggest grain producers in the world, like Kazakhstan, Russia and Ukraine this year will be approximately 55m-56m tonnes. It would seem that common Soviet past and territorial proximity creates...

The problem of priorities

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COPENHAGEN – This decade has seen remarkable progress against humanity’s greatest challenges. Consider the declaration of victory over polio in India, which seemed impossible ten years ago. COPENHAGEN – This decade has seen remarkable progress...

Gas, water supplies fuel Uzbek-Tajik tensions

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Uzbekistan has dismissed Tajikistan’s allegations that Tashkent has imposed an economic blockade around it and urged Dushanbe to solve the issues through negotiations between the economic entities of the two Central Asian countries.  “I don’t...

Work on TANAP across Turkey to begin this year

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Companies developing the Azerbaijan-Turkey project, the Trans-Anatolia Gas Pipeline (TAGP; Turkish acronym TANAP), intend to order pipes and other items in the autumn, Azeri state oil company SOCAR Vice President Vaqif Aliyev said. "Work...

‘Super-cooled’ LNG from Russia’s Shtokman worries EU

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Gazprom's deputy CEO Alexander Medvedev said the company may be considering liquefying all of its gas production from the first phase of the Shtokman project. He also said Russia’s major gas producer may scrap...

Iran: Further ban on oil exports to EU countries

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Following the halt of oil supplies to Spain and Greece, Iran extended its ban on oil exports to Germany and Italy, and plans to ban imports from European Union countries according to the country's...

New step for solar energy

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Transforming energy is one of the objectives of Europe 2020 strategy and printed-plastic solar technology is newest EU-funded project. The EU-founded had design an advanced flexible plastic solar panels that can be integrated into new...

Bulgaria: Goodbye nukes, hello Russian gas

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Bulgaria has scrapped two of its three Russian-backed energy projects. Plans to build the 2,000MW Belene nuclear power plant on the Danube River were cancelled last week, and the Burgas-Alexandroupolis oil pipeline was dropped...

Iraqi oil does not depend on Straits of Hormuz

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In the unlikely scenario that Iran blocks the Straits if Hormuz, Iraq has several other alternative routes to supply its oil to world markets, Ambassador of Iraq in Kazakhstan and Tajikistan Sabir Raja Abboud...

Obama to end tax subsidies to oil companies

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US President Barack Obama pressed the Congress on 29  March to end $4 billion in tax subsidies to oil companies that show record profits, as millions of Americans see gas prices rise.   Obama said that...

Gazprom’s possible bid for DEPA ruffles EU feathers

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Russian gas monopoly Gazprom’s plans to bid for Greek counterpart DEPA will not face opposition from the European Commission, the Council and the Parliament but could face resistance from individual politicians in Europe and...

Coal scandal hits India

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More pressure has been placed on Indian Prime Minister Manmohan Singh following months of scandals and policy failures in the country, with a new draft report from the Comptroller and Auditor General of India...

Saudi Arabia battles ‘fear premium’ spike

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In a bid to try to bring down the price of Brent to a level it believes is more sustainable, Saudi Arabia announced that it was ready to increase crude production. Saudi Oil Minister Ali...

Finland, Greece and Poland told to comply with renewable energy policy

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Finland, Greece and Poland have not conformed to the EU regulations for renewable energy. Member states were required to pass the European Commission's Renewable Energy Directive, which requires member states to set goals to...

China defends Iran oil imports

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On 21 March, a Chinese foreign ministry spokesman said that China legally imports oil from Iran and that these transactions do not violate UN Security Council resolutions. He also underlined that China opposes any...

The energy deficit

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MILAN – I have been surprised by the recent coverage in the American press of gasoline prices and politics. Political pundits agree that presidential approval ratings are highly correlated with gas prices: when prices...

‘Gone With the Wind’

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COPENHAGEN – Efforts to stem global warming have nurtured a strong urge worldwide to deploy renewable energy. As a result, the use of wind turbines has increased ten-fold over the past decade, with wind...

German complaints ‘do not affect Nord Stream’

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On 16 March Swiss-based Nord Stream AG, an international consortium of five major companies for the planning, construction and subsequent operation of two natural gas pipelines through the Baltic Sea, confirmed that Germany's defence...

Bovanenkovo to boost Gazprom’s exports to Europe

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Russia’s giant Bovanenkovo field in the Yamal Peninsula will start production this summer, Russian gas monopoly Gazprom told New Europe on 14 March. “The commissioning of Bovanenkovo will be in June and this gas will...

Rare earths dispute sparked between China and West

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On 13 March, Chinese  Industry and Information Technology Minister Miao Wei said that China was preparing for the US and other countries to take their complaints over China's rare earths export restrictions to the...

Fukushima, one year on

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Until 11 March 2011, Fukushima was associated with luck - the name means 'good-fortune-island'. Scenic routes along the coast attracted hundreds of thousands of tourists every year but then the tsunami caused by an...

EU carbon-emissions tax conflict continues

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The 'conflict' over the new EU Emissions Trading Scheme, between the EU and more than 20 countries including China, Russia and the United States continues, with seven major aviation companies joining the fray. In a...

Beyond Fukushima

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VIENNA – Nuclear power has become safer since the devastating accident one year ago at Fukushima, Japan. It will become safer still in the coming years, provided that governments, plant operators and regulators do...

EU seeks to launch ‘project bond’ scheme

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With public money becoming a scarce resource, the EU is looking to launch its ‘project bond’  scheme, that it hopes will boost long-term private investment to infrastructure, and bring demand to the capital debt...

The post-nuclear transition

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BERLIN – The Fukushima disaster in March reminded the world, 25 years after Chernobyl, that nuclear energy is anything but clean, secure, and affordable. Unfortunately, another nuclear catastrophe was needed to trigger a fresh...

China to cut energy consumption by 21 %

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The Chinese Ministry of Industry and Information Technology (MIIT) announced on 27 February that China will cut energy consumption by 21% by 2015 and will shut down inefficient companies in more than ten...

Commission calls on Cyprus, Romania and Italy to adopt energy-labelling legislation

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The European Commission is sending reasoned opinions to Cyprus, Romani and Italy, urging the member states to adopt consumer-friendly legislation regarding energy labelling. The infringement procedures relate to the Energy Labelling Directive 2010/30/EU, which covers...

Moscow meeting opposes EU carbon-emissions tax

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A meeting concerning a carbon-emissions tax for airlines using EU airspace has been held this week in Moscow. Thirty-two countries took part, including China, the United States, Brazil, India, Japan, Singapore, South Africa and Argentina....

Iran concerns push oil prices towards $124

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On 24 February, Brent oil prices rose towards $124 a barrel and was heading for a fifth straight weekly gain driven by concern over cuts in Iranian supply. On 19 February, Iran halted oil shipments...

TAP, Nabucco and SEEP still in EU pipeline race

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On 20 February Shah Deniz, the consortium developing the field in the Azerbaijani area of the Caspian basin, excluded the Interconnector Turkey-Greece-Italy (ITGI) project from those being considered to carry its gas to Europe,...

Time running out for energy efficiency deal?

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An EU-wide deal on energy efficiency could be delayed as the European Parliament continues last-minute manoeuvres ahead of crucial talks. The deal, which would see member states increase their energy efficiency by 20% as part...

The sustainability mindset

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MILAN – Markets and capitalist incentives have great strengths in promoting economic efficiency, growth, and innovation. And, as Ben Friedman of Harvard University argued persuasively in his 2006 book The Moral Consequences of Growth,...

Lighting the ‘Dark Continent’

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NAIROBI – Nineteenth-century European explorers called Africa the 'Dark Continent', because to them it was vast and largely unknown. Today, Africa may still be dark, but for a very different reason: it is chronically...