News
Seminar "The Geopolitics of Gas and the Future of the Euro-Russian Relation until 2035"
December 06, 2019
On December 6th, at the National Defense Institute (IDN), took place the International Seminar "The Geopolitics of Gas and the Future of the Euro-Russian Relation until 2035". The seminar aimed to present the results of the research project "Geopolitics of Gas and the Future of the Euro-Russian relationship - Geo4Ger (FCT - PTDC / IVC CPO / 1295/2014), which analyzed the complex geopolitical relationship between the EU and the Russian Federation and presented a set of scenarios for this relation over the next 20 years.
The research project is coordinated by Professor Dr. Carla Patrício Fernandes, developed by the Portuguese Institute of International Relations, financed by the Foundation for Science and Technology and with the National Defense Institute as an associated institution.
The seminar was attended by lecturers Professor António Costa Silva, who spoke about innovation in the areas of "Energy, Technology and Energy Security", Professor Licínia Simão, Professor Maria Raquel Freire and Dr. Aleksei Grivach, who presented "The Euro-Russian Energy Relation: actors and challenges". The last panel of the day presented the results of the project's research project by Carla Patrício Fernandes and Professor José Félix Ribeiro.
Russia expects new joint energy projects with Vietnam
TASS
November 19, 2018
Russia expects to expand cooperation with Vietnam in the energy sector and hopes new projects involving Gazprom, Rosneft and Zarubezhneft will emerge, Russian Prime Minister Dmitry Medvedev said following talks with his Vietnamese counterpart Nguyen Xuan Phuc.
WPR
November 19, 2018
U.S. Energy Secretary Rick Perry toured Central and Eastern Europe in mid-November, touting America’s credentials and warning countriesagainst deepening their ties to Russia.
RT
November 16, 2018
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Associated Press
November 13, 2018
Europe needs to diversify its energy supplies to cut its dependency on Russia, U.S. Energy Secretary Rick Perry said Tuesday.
Already, Russian crude is being shipped to India and now refiners like IOCL, BPCL, Reliance, and Essar are ready to process more Russian crude than before
China is set to make further inroads into European infrastructure, as a state-owned company attempts to gain full control of Portugal’s power grid.
Indonesia and the European Union (EU) are conducting negotiations to explore energy trade cooperation, especially related to Energy and Raw Material (ERM) for easy investment.
Despite long promising to "get off Russian energy," Gazprom sales to Europe hit an all time record last year, and Europe is still the largest buyer of Russian oil.
As the world’s largest natural gas and oil producer and exporter, Russia plays an important role in setting the global geopolitical agenda. The recent agreement with OPEC is evidence of Moscow’s ability to set prices.
The United States and Russia are competing for India’s favor – and its energy market.
This week, two of the biggest economies in Europe set new records for clean energy.
The Republic of Ireland will become the world’s first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament.
July 08, 2018
U.S. opportunity may be closed for decades. On June 26, the U.S. Congress's Energy & Commerce Committee held a hearing entitled “The Shifting Geopolitics of Oil & Gas.”
July 08, 2018
If prices remain at their current level, another collapse could be around the corner, the Russian Finance Ministry has warned in a report, cited by Sputnik.
July 08, 2018
Much of the commentary surrounding the upcoming summit between U.S. President Donald Trump and his Russian counterpart, Vladimir Putin, has focused on geopolitics. Will Trump change America’s position on not recognizing Russia’s annexation of Crimea? Can Putin offer concessions on the Russian position in Syria or Ukraine? Most importantly, will the United States and Russia resume talks on ensuring a level of strategic stability, especially when it comes to nuclear weapons?
July 08, 2018
The EU and China are set to sign a joint statement on energy cooperation to further the global transition towards clean energy later this month, according to a leaked draft.
July 08, 2018
Ukraine's President Petro Poroshenko has been in Brussels to discuss free-trade and reforms. Energy security has also been one of the main topics on the agenda- as he met up with EU chiefs Jean Claude Juncker and Donald Tusk.
A proposed ban on oil and gas exploration will undermine energy security and do little for the environment, the country’s largest business lobby group has claimed.
Two national regulators have welcomed the first joint market-based process to boost gas transport capacity from Germany to Austria.
The future of the Dutch gas sector, however, looks bleak due to two important developments in 2018: a political decision to reduce production with a timeline to stop entirely until 2030 and a new climate agreement.
July 01, 2018
British petroleum giant BP has started operating a $28-billion pipeline in Azerbaijan to supply gas to Turkey and elsewhere in Europe, the company said on Monday.
July 01, 2018
Asian demand for imported oil is set to slow for a second straight month in July, trade flow data showed on Monday, as economic growth starts to stutter amid an escalating trade dispute with the United States.
July 01, 2018
Russia’s ambitious gas pipeline project known as Nord Stream-2, which is supposed to supply to Europe 110 billion cubic meters (bcm) of Russian natural gas via two parallel pipelines lying across the Baltic Sea, was hotly discussed during a U.S. Senate Appropriations Committee hearing last week.
July 01, 2018
Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose, and as signs of an economic slowdown in Asia dented the outlook for demand.
June 30, 2018
Natural gas inventories in the U.S. are at their lowest level since 2014 for this time of year, raising the possibility that the country enters the winter drawdown season with very few buffers that could prevent a price spike.
The long-planned and much derided Trans-Korea gas pipeline project is back on the agenda, buoyed by hopes North and South Korea can make peace.
June 27, 2018
The Nord Stream 2 gas pipeline project will keep energy prices in the European Union stable, the German Committee on Eastern European Economic Relations business association said Thursday.
June 27, 2018
BRUSSELS/VILNIUS (Reuters) - The leaders of the Baltic states and Poland signed a long-awaited deal on Thursday to connect their power grids to the European Union by 2025 and break their dependence on Russia, a Soviet legacy.
The group calls for a joint European energy transition monitoring scheme that promotes best practice and helps the country adopt policies from abroad in areas where it lags behind.
Russian Energy Minister Aleksandr Novak has met with his U.S. counterpart Rick Perry and U.S. Treasury Secretary Steven Mnuchin to discuss energy issues and U.S. sanctions on Russia.
The “priority” probe aims to assess whether the 20 to 25-year supply agreements between QP and European importers have hindered the free flow of gas within the European Economic Area, breaching EU antitrust rules, Kallanish Energy learns.
South Korea and Russia will conduct a joint study to check the feasibility of cross-border energy projects involving North Korea and prepare negotiations for a trade deal to bolster bilateral economic ties, Seoul's trade ministry said Friday.
June 21, 2018
BRUSSELS (Reuters) - European Union leaders will next week extend until the end of January economic sanctions against Russia over its intervention in Ukraine, diplomats and officials said.
June 19, 2018
kraine state oil and gas firm Naftogaz said on Tuesday a London court has granted its request to freeze the British assets of Russia's Gazprom, to enforce an earlier arbitration ruling from Sweden.
June 19, 2018
The EU institutions have reached an agreement to increase the bloc's 2030 energy efficiency target to 32.5%, up from 27% currently.
June 19, 2018
Poland’s gas grid operator Gaz-System has decided to route the undersea section of its Baltic Pipe project which will connect the country to Norwegian gas deposits and reduce reliance on Russian deliveries through Swedish waters, it said.
June 18, 2018
While Denmark is yet to give permission for the Nord Stream 2 pipeline after Sweden became the latest EU country to sign off on construction permissions, the pipeline to carry Russian gas under the Baltic Sea to Germany is now all set to begin.
June 18, 2018
Russia is pushing for the world’s largest oil producers to discontinue most of the production cuts that helped stabilise and then raise crude prices.
June 18, 2018
China is lining up retaliatory tariffs against the US to hit one of its most successful export industries in recent years: energy.
June 17, 2018
A selection of experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
June 17, 2018
Bulgaria’s flirt with Russia concerning energy might be signaling a shift in the overall relationship between the two countries.
June 14, 2018
Cyprus to unwaveringly proceed with its energy exploration and exports to Europe despite the position of Turkey.
June 13, 2018
The Arctic-like freeze was an illustration of the continuing importance of natural gas in the energy supply mix at a time when renewable power is growing. The latest BP Energy Outlook report forecasts that natural gas will grow globally much faster than either oil or coal to 2040.
June 13, 2018
An ambitious political agreement on increasing renewable energy use in Europe was reached today between negotiators from the Commission, the European Parliament and the Council. Today's deal means that two out of the 8 legislative proposals in the Clean Energy for All Europeans package (adopted by the European Commission on 30 November 2016) have been already agreed by the co-legislators.
June 13, 2018
The European Union is seeking a date in early July to mediate talks between Russia and Ukraine over future gas transit to Europe once their contract expires in 2019, the EU’s energy chief told Reuters on Thursday.
Gazprom became the first Russian energy company to perform an independent audit review (assurance) of corporate information on greenhouse gas emissions. The audit was carried out by KPMG, an audit and advisory company, in compliance with international standards
June 12, 2018
Even if those countries have their own reasons for welcoming the surge in production, it is also reducing the influence of the Organization of the Petroleum Exporting Countries, which will meet in Vienna next week to discuss production cuts put in place in early 2017.
The European Union Council has agreed to "update" the role of the EU Agency for the Cooperation of Energy Regulators (Acer), it said June 11. The agreement provides the presidency with a mandate to start negotiations with the European parliament.
June 10, 2018
Sweden’s government has decided to approve the construction of the Nord Stream 2 gas pipeline that will deliver Russian natural gas to European consumers via the Baltic Sea.
Cansu Dikme, Anadolu Agency
President Recep Tayyip Erdogan will inaugurate Trans Anatolian Natural Gas Pipeline (TANAP) project on June 12 in central Turkey, the country’s presidency announced on Sunday.
June 09, 2018
Nord Stream 2 AG has received the construction permit for the Russian section of the Nord Stream 2 gas pipeline. The permit was issued by the Russian Ministry of Construction, Housing and Utilities in line with the established procedure.
June 05, 2018
Kazakhstan is set to rival Russian firms in the lucrative Central Asian fuel market once it finishes upgrading its oil refineries, officials in Astana and industry sources said.
June 04, 2018
Poland’s president on Tuesday expressed his country’s disapproval of a planned Russian-German gas pipeline during a visit by the German president.
June 04, 2018
Trump administration sanctions against Moscow increase political risk of French oil giant’s gas ambitions.
June 03, 2018
The loan will be used to replenish working capital and will carry an annual rate of interest of 3.98 percent. The maturity of the loan is set for Dec. 30, 2023.
June 03, 2018
Poland is confident of meeting a 2022 deadline for completing a new Baltic Sea gas pipeline to Norway, a government official said, despite a report that the project could be delayed.
June 03, 2018
Russian President Vladimir Putin is traveling to Austria on Tuesday on his first foreign trip since being sworn in for a fourth term in office last month. The visit, which marks the 50th anniversary of the start of Soviet gas deliveries to Austria, takes him to one of Europe’s more Russia-friendly countries at a time when relations between the European Union and Russia are at a low ebb. It’s his sixth official visit to Vienna.
May 31, 2018
Azerbaijan has opened the first section of the Southern Gas Corridor (SGC), which will supply natural gas from the Caspian Sea to Europe.
May 30, 2018
The Southern Gas Corridor project, which envisages transportation of Azerbaijani gas to Europe, will ensure real diversification of supplies to Europe, Francis Perrin, Senior Fellow at the OCP Policy Center (Rabat) and Senior Research Fellow at the French Institute for International and Strategic Affairs (IRIS, Paris), told Trend.
Cyril Widdershoven, Oil Price
May 28, 2018
June’s OPEC meeting is anticipated with fear by analysts, with the potential of a crash in oil prices if Saudi Arabia and Russia decide to ramp up production. Officials confirmed that Moscow and Riyadh are discussing a 1 million bpd production increase.
Will Owen, LNG Industry
May 28, 2018
Furetank’s Fure Vinga recently undertook its first LNG bunkering in Europe. The vessel received 120 t of LNG from six tanker trucks during an operation that took place at the Port of Cartagena.
Reuters
May 28, 2018
Azerbaijan launched the first phase of a pipeline project on Tuesday to supply gas to Turkey and southern Europe, part of a European effort to reduce reliance on Russian energy supplies.
Tim Daiss, Oil Price
May 27, 2018
Last week, Gazprom, the world’s largest gas producer, and the European Commission resolved a seven-year anti-trust dispute after the Russian state-controlled energy giant agreed to change its operations in central and Eastern Europe.
Reuters
May 25, 2018
Russian state gas giant Gazprom said on Saturday it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botas to end an arbitration dispute over the terms of gas supplies.
OIES, Natural Gas World
May 24, 2018
The EU is committed to reducing greenhouse gas (GHG) emissions to 80-95 per cent below 1990 levels by 2050. So far, the electricity sector has been the main focus of low-carbon policies, but if Europe is to meet its objectives, decarbonisation efforts will need to expand to other sectors, including the heating and cooling sector.
European Comission
May 23, 2018
The European Commission has adopted a decision imposing on Gazprom a set of obligations that address the Commission's competition concerns and enable the free flow of gas at competitive prices in Central and Eastern European gas markets, to the benefit of European consumers and businesses.
EURACTIV
May 13, 2018
At the turn of the century, the European Union launched a vigorous liberalisation agenda in a bid to open up its national gas markets – aiming for lower prices, a greater range of suppliers and energy security. EURACTIV takes stock of progress made and the challenges lying ahead.
Leman Zeynalova, Trend News Agency
May 10, 2018
The first stage of the 2000-km South Gas Corridor (SGC), from Azerbaijan’s Caspian shores to Eskisheher in Turkey, will start up May 29 with a ceremony in Baku, a government source has told NGW.
Geert De Clercq, 4-traders
April 17, 2018
A report prepared for the European Commission has questioned the economic viability of plans to build a huge gas pipeline between Spain and France designed to boost security of supply in Europe, five sources told Reuters.
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