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The Real Reason Shell Halted Its Ukrainian Shale Operations

Royal Dutch Shell has blamed air strikes by the government in Kiev against its own citizens in southern Ukraine as the reason it decided to declare a halt to its shale oil projects in the troubled region. In reality, the truth may be closer to the...

Posted June 25, 2014    

Sanctions Against Russia May Have Long-Lasting Negative Effect on Global Energy Security

After a series of headline-grabbing statements about the possibility of “switching” European consumers over to American gas, the US media hastened to announce the launch of Obama’s oil and gas offensive against Russia. In reality the EU is not...

Posted April 11, 2014    

Hungary Asserts its Energy Independence with South Stream

During recent talks in Budapest, the prime minister of Hungary, Viktor Orbán, and Gazprom’s CEO, Alexey Miller, announced that the construction of South Stream in Hungary will begin in April 2015. “We would like to see a South Stream on the...

Posted January 16, 2014    

Shale Projects Lagging in Eastern Europe

“Shale perspectives” in Eastern Europe are challenged by delaying tactics of major industry players. Media coverage of shale gas development is positive but in Lithuania and Poland global oil and gas companies one by one drop bids to explore for...

Posted October 29, 2013    

Fitch: Russian Natural Gas Export Opens Eastern Horizons

Real alternative to EU exports is born during recent talks in Moscow. Representatives of Chinese National Petroleum Company and Russia’s oil & gas giants Gazprom and Novatekhave inked the agreement to sell abundant Siberian resources to the...

Posted September 20, 2013    

US Shale Myths and European Market Reality

Many US shale companies that have been beating the drums of shale “revolution” are now facing oil and gas well depletion. In February 2013 the US Energy Information Administration (EIA) warned that “diminishing returns to scale and the depletion of...

Posted August 16, 2013    

Gas Exporting Countries Gather in Moscow for Influential Forum

Members of the influential Gas Exporting Countries Forum (GECF) meet in Moscow 1-2 July 2013. Long-term contracts and infrastructure projects are reported to be high on the agenda. The GECF is an international club of major natural gas exporters...

Posted July 3, 2013    

Indian Nuclear Power Plant Gets Green Light Amid Regulatory Risks

The Kudankulam nuclear power plant in the southern Indian state of Tamil Nadu has finally begun operationsfollowing a landmark Supreme Court of India ruling approving the project. The plant was constructed by the Russian company Rosatom as part of...

Posted June 18, 2013    

Nuclear Energy Industry Re-Energizing after Fukushima

The Fukushima incident has contributed to the lay belief that nuclear energy is a risk not worth taking. Although, according to the data of the non-profit World Nuclear Association only a very limited number of accidents occurred in over 14,500...

Posted May 21, 2013