Category: Europe

Europe’s Russian gas addiction skews sanctions debate

European leaders, while calling Ukraine’s May 25 presidential election a success, are still facing a deeper dilemma: how to free their countries from an addiction to Russian energy.  More »

Possible solution found in Ukraine gas dispute

EU Energy Commissioner Guenther Oettinger stressed “we are not done” but said he is optimistic of an agreement.  More »

UK says South England holds billions of barrels of shale oil

Shale rock underneath some of the wealthiest counties in southern England may contain billions of barrels of oil, a new government report said.  More »

US wood pellet exports double on British demand surge

U.S. wood pellet exports doubled to 3.2 million short tons last year, from 1.6 million tons in 2012, led by demand from the U.K.  More »

Biden visits Cyprus as gas fuels reunification talks

Vice President Joe Biden is the most senior U.S. official in more than half a century to visit Cyprus as the search for alternative gas-supply routes into Europe draws international attention to the divided island.  More »

GE’s $17 billion energy merger in jeopardy (photos)

General Electric Co. (GE), seeking approval from France’s government for its $17 billion Alstom SA (ALO) energy bid, is in early-stage talks with nuclear-plant maker Areva SA (AREVA) and other French companies about asset sales or partnerships, people familiar with the matter said.  More »

Moody’s: Some utilities would benefit from lengthy Russia gas outage

Higher gas prices would lift power costs in nations where gas is the “marginal fuel,” such as the U.K. and Italy, Moody’s analysts Paul Marty and Monica Merli in London said in a report e-mailed Friday.  More »

Norway oil-strikes risk mounts as more workers break off talks

Oil-service workers in Norway followed offshore-platform workers in breaking off wage talks with employers, raising the prospect of another strike in the oil and gas industry two years after a walkout hit output.  More »

Investigators seek breakthrough a year after EU raided Big Oil

Twelve months after raiding oil companies and Platts in a hunt for evidence of possible manipulation of price benchmarks, European Union officials are looking for a breakthrough.  More »

UK minister: New life coming to the North Sea

The United Kingdom’s Minister of State for Business and Energy Michael Fallon speaks to FuelFix about the future of oil and gas production in the North Sea and how Britain is preparing for hydraulic fracturing.  More »

Putin says sanctions jeopardize US, EU energy deals

Russian President Vladimir Putin warned that further economic sanctions over the Ukraine crisis may lead Russia to reconsider participation by U.S. and European Union companies in energy and other key industries.  More »

Slovakia signs deal to deliver gas to Ukraine

Slovakia has signed a deal to deliver natural gas to Ukraine, which is facing the threat of a cut-off in supplies from Russia because of a massive debt.  More »
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