Energy

Kyoto Protocol: EU sets terms for sequel

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On 10 October, European Union environment ministers at an environmental council in Luxembourg concluded that the EU would be willing to consider a second commitment period of the Kyoto Climate Change Protocol that expires...

UK oil and gas ‘lifeline’ hindered by tax increase

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 Oil & Gas UK's 2011 Economic Report has confirmed the significance of oil and gas to the UK community, highlighting the increased reliance of the UK on oil due to its increasing influence on...

Tymoshenko verdict may further aggravate Russia-Ukraine gas ties

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  The judge in the trial of former Ukrainian prime minister and opposition leader Yulia Tymoshenko will start reading the verdict from 11 October. A guilty outcome  could further aggravate gas relations between Kiev and...

Nabucco, ITGI and TAP submit final proposals to Azerbaijan

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  On 1 October, all three pipeline projects, hoping to transport Azerbaijani gas to Europe under the second phase of the project on development of the Shah Deniz gas field, submitted final proposals to the...

Putin: I’m watching you, Oettinger

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  Russian Prime Minister Vladimir Putin said he will pay “the very closest attention” to an ongoing EU probe into Gazprom. "I want you to keep me fully informed about this," Interfax quoted Putin as...

Commission report optimistic on meeting Kyoto Protocol target

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The Commission published its annual report on the EU's progress towards meeting its Kyoto Protocol target for reducing greenhouse gas emissions on 7 October.  The European Environment Agency (EEA) also published its latest analysis...

Climate change is ‘serious’ but potentially beneficial

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The Eurobarometer survey released on 7 October on climate change found that over two-thirds of Europeans consider climate change to be a very serious problem and that 80% think actions to combat climate change...

Swiss look forward to high wind

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A ceremony to mark the completion of what claims to be Europe’s highest wind turbine, at over 2,400 meters above sea level, has been held in the southern canton of Valais. Energy minister Doris Leuthard...

A-G Kokott opines – complaint on EU ETS is unfounded

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The Advocate-General at the Court of Justice of the European Union Juliane Kokott presented on 6 October her verdict on the complaint of three American airlines against the EU legislation which includes aviation...

Tajikistan to supply electricity to Afghanistan

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The Tajik ministry of energy and industry recently announced that the governments of Tajikistan and Afghanistan have agreed on terms for supplying Tajik electricity across the Panj river to Afghanistan. The ministry said that the...

Energy line to promote job creation and efficient energy for Europe

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France and Spain have just completed a historic milestone for energy. The first trans-Europe energy converting line has just begun construction, meaning that this is the first time in Europe that an electricity link...

Report: Offshore wind cheaper than expected

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A report published on 5 October has found that offshore electric grids proposed for the North and Baltic Seas will be significantly cheaper to build than expected.   When connecting wind farms to consumers, €14 billion...

MEPs: e-waste needs to be reduced

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EU member states should be obliged to collect and recycle more discarded fridges, phones and other e-waste, said the European Parliament's environment committee. MEPs want to make it easier for consumers to return small products,...

[VIDEO] Oettinger: ‘The king of litigation’

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The European Commission has launched a series of legal proceedings against member states in a effort to complete the internal European energy market.   The decision to launch infringement procedures against the majority of member states...

EU-Brazil Summit to forge strategic global action

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The 5th EU-Brazil Summit will take place in Brussels on 4 October, covering global, regional and bilateral issues. Of these, climate change and the Rio+20 UN Conference on Sustainable Development will take the prominent...

Gazprom to take major stake in Belarusian pipeline soon

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  On 26 September, Russian gas monopoly Gazprom Chairman Alexei Miller said that a deal it to take a major stake in a strategic Belarusian pipeline used to deliver natural gas to Europe is "practically...

Gazprom to increase capital investment

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  On 27 September, Russian gas monopoly Gazprom announced it was aggressively expanding its capital investment plan for 2011 to around $40 billion, as it steps up gas development and transportation projects in the Arctic,...

TAP, Slovenian company ink memorandum

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  The Trans Adriatic Pipeline (TAP) and the Slovenian transmission system operator Geoplin plinovodi have signed a Memorandum of Understanding and Cooperation to support the development of natural gas markets in Southeast Europe and to...

Oettinger calls for internal energy market as EU raids companies

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  On 29 September, Energy Commissioner Günther Oettinger discussed plans for the completion of the internal energy market. In 'Getting to 2014', Oettinger stressed the need for full member-state compliance in implementing the market: “We...

Schulz slams Turkey as Cyprus drills for gas

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  STRASBOURG - Martin Schulz, leader of the Socialists & Democrats (S&D) group in the European Parliament, told New Europe on 27 September that a potential major discovery south of Cyprus could help boost EU...

Czech Republic and Germany put on notice for EU ecodesign legislation

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The European Commission has formally requested the Czech Republic and Germany to bring their national legislation on ecodesign in line with EU rules. Both countries have yet to inform the Commission – after a...

Oettinger stresses need for internal energy market

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On 29 September, Energy Commissioner Günther Oettinger met with MEPs and other policymakers to discuss plans for the completion of the internal energy market. In 'Getting to 2014', Oettinger stressed the need for full member-state...

Exclusive: Schulz slams Turkey as Cyprus drills for gas

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  Martin Schulz, leader of the Socialists & Democrats (S&D) group in the European Parliament, told New Europe on 27 September that a potential major discovery south of Cyprus could help boost EU energy security. Despite...

Emissions trading: Climate-change ‘Clash of the Titans’?

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Capitol Hill saw strange political 'habitués' as the Obama administration, House Republicans, the aviation industry and labour groups all joined in opposition to the cap-and-trade system. At the heart of the issue was the...

MEPs warn Turkey against naval intervention in Cyprus

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  The European Parliament has shown unity in its condemnation of the rising tensions between Turkey and the Republic of Cyprus in the dispute over oil and gas exploration. MEPs have condemned Turkey's threats over...

EU emissions-trading system ‘takes flight’

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The European Commission has taken an significant step for the aviation industry to aid in the fight against climate change; it will become part of the EU's emissions trading system (EU ETS) from 2012....

There can be only one

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Germany's BASF and France's EdF recently agreed to join Russian gas monopoly Gazprom and Italy's ENI in building the South Stream gas pipeline across the Black Sea. Although the European Commission has said it...

Russia-Switzerland treaty to crack down on tax evaders

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  On 21 September, Russian Finance Minister Alexei Kudrin said his country is planning a financial information exchange treaty with Switzerland to help track down tax evaders.  The agreement, to be signed in coming days, will...

Nabucco vs. South Stream: Race to the finish

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Advancements in two competing gas pipeline projects, Nabucco and South Stream, have recently been announced. Due to the timing of the announcements, some questions arose concerning both projects which needed an immediate response:  Which...

IAEA lowers nuclear growth forecast after Fukushima

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  The International Atomic Energy Agency (IAEA) has lowered its projections for nuclear energy growth to 2030 by 8% in the wake of the Fukushima nuclear disaster. In its annual forecast published in Vienna, the...

Schwarzenegger hails AER commitment to green energy

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 Former California governor and Hollywood actor Arnold Schwarzenegger, President and founder of the R20, a group of regions and federated states which have decided to make the fight against climate change their priority, gave...

Poland: Raising EU climate targets ‘unrealistic’

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There is no chance of the European Union raising its carbon-dioxide (CO2) emission reduction targets in the run up to a global climate change summit at the end of the year, Poland's EU Affairs...

OMV to shed refinery and focus on gas

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On 21 September, Austrian energy group OMV announced that it would reduce its refinery and marketing business and focus on gas in the future. At a corporate event in Istanbul, the company said it...

Kiev to compromise with Moscow to revise gas deal

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 On 20 September, Ukrainian Prime Minister Mykola Azarov said his country is ready for a compromise and hopes that a new viable gas contract with Russia will be concluded during Ukrainian President Viktor Yanukovych's...

Russia and two Koreas renew pipeline talks

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Seoul announced on 20 September that it would consider all possible risks as it prepares for more talks on a huge project to pipe Russian natural gas to South Korea via North Korea. "We...

Russia paints ‘No Trespassing’ sign in the Arctic

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As global warming intensifies the race to lay claim to the Arctic and its massive oil and gas reserves, Russia vowed to increase its military presence in the region, telling NATO to stay out. "Our...