Russia's Gazprom is Top of Its Energy Industry Class, but Not in a Good Way

May 28, 2015 by Roman Kilisek

Gazprom Risk

A new Thomson Reuters/BSD Consulting “Global 500 Greenhouse Gas Report: The Fossil Fuel Energy Sector” shows that energy companies emitted 31 per cent of total GHG emissions globally from their operations as well as the use of the products further down the value chain on an annual basis.[read more]

EU Energy Briefing: All You Need to Know for April and May [VIDEO]

April 28, 2015 by David Thual

European Energy News for April and May

In this latest Brussels Briefing on Energy for viEUws - the European Union Policy Broadcaster, leading journalist Hughes Belin provides an overview of the latest E.U. energy policy developments, including news on Gazprom, and agreements between Greece and Russia.[read more]

Energy Quote of the Day: 'We Are Now Going to Focus Our Energy Sources in Other Directions'

December 7, 2014 by Jared Anderson

Energy Sources and Choices

Gazprom will no longer move forward with the South Stream pipeline project due to European opposition. Russian President Putin made the announcement after meeting with Turkish President Erdogan, saying the countries would cooperate on the possibility of creating a gas trading hub on the Turkish-Greek border.[read more]

Energy Quote of the Day: "Whatever Difficulties Arise this Winter, Gazprom is Helping you Prepare"

August 12, 2014 by Jared Anderson

Gazprom Energy Projects

Relations between Moscow and the West have deteriorated to the lowest levels since the Cold War over Russia’s aggression in Ukraine. Strict economic sanctions have been initiated by western governments and intergovernmental organizations against strategic sectors of Russia’s economy.[read more]

Energy Quote of the Day" "The E.U. Cannot Have its Cake and Eat it, Too"

May 4, 2014 by Jared Anderson

The E.U. and Energy Relations


Outgoing Eni CEO Paolo Scaroni sees the volatile standoff between Western powers and Russia over the Kremlin’s actions in Ukraine as a new low point for European energy security. Italian oil and gas company Eni serves as a conduit for gas sourced from Gazprom and delivered to European customers.[read more]

Has Russia turned off the tap on Europe?

February 16, 2012 by Andrew McDonald

A worrying trend is occurring as wholesale energy prices are on the rise again. In fact this time the wholesale prices for gas and electricity have reached a 6 year high. The London stock market has shown an increase of 28% taking it up to $520 per 1000 cubic metres. The sharp increase in gas prices has been caused by the rapid onset of...[read more]

Czechs temper their nuclear ambitions

February 16, 2012 by Dan Yurman

An ambitious plan to build five nuclear reactors in the Czech Republic worth an estimated $28 billion has been scaled back to just two units.[read more]

Why Does Russia's Gazprom Oppose Shale Gas?

December 2, 2011 by Geoffrey Styles

I see that Russia's national gas company, Gazprom, is warning Europeans about the environmental risks of shale gas development. Aside from the hypocrisy stemming from a Russian legacy of environmental disregard that rivals the worst excesses committed anywhere, along with the likelihood of Gazprom profiting if it can deter competition...[read more]

Gazprom Profiting Mightily From German Nuclear Exit

July 20, 2011 by Rod Adams

The European Energy Review (available with a free registration) has published a detailed article titled Gazprom: back in the game – and ready to take on Brussels that paints a picture of Gazprom’s continued pattern of aggressive market actions aimed at locking European customers into long term contracts at prices that must make many US...[read more]

Take-or-pay contracts: Lessons from Brazil and Bolivia

November 3, 2009 by Michael Giberson

Yesterday’s post on the Gazprom take-or-pay contract dispute mentions a now classic article by Scott Masten and Keith Crocker, “Efficient adaptation in long-term contracts: Take-or-pay provisions for natural gas” (American Economic Review, 1985).  You may wonder if there is newer work on take-or-pay contracting potentially relevant...[read more]

Gazprom, Europe, and long-term take-or-pay contracts

November 2, 2009 by Michael Giberson

Shifting world natural gas supply conditions have put the squeeze on long-term gas supply contracts between Russian gas giant Gazprom and its European customers.  A summary from the Wall Street Journal: European energy companies, faced with weakening demand and plentiful lower-cost fuel supplies, have bought far less natural gas...[read more]

Oil price leaps to year's high

June 13, 2009 by Big Gav

The steadily rising oil price is starting to grab headlines again, as puindits begin to notice that even though we are in the midst of a global recession the oil price is still well above the levels of 2 years ago. The Guardian had a report mid-week - Oil price leaps to year's high.The price of oil burst through the $71 a barrel mark...[read more]