Tag Archives: Gazprom

Five State-Run Oil Economies

The ECOreport reposts a description of some of the most successful Petro-states, Five State-Run Oil Economies

Originally Published on Oilprice.com

By Zainab Calcuttawala

A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country’s natural resources.

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EU Capacity Mechanisms May Be Badly Designed

The ECOreport reposts EU Competition Commissioner Margarethe Vestige’s interim report points to “room for improvement,” EU capacity mechanisms may be badly designed

Originally Posted on Energy Post

by Sonja van Renssen

EU member states are setting up capacity mechanisms that may be unnecessary, expensive and badly designed. This is the conclusion of the European Commission’s Competition Directorate in the interim report of its first ever “sector enquiry” into capacity mechanisms as a form of state aid for electricity producers. But the report shows that DG Competition has a different view than DG Energy about the future of the EU’s energy market design, writes Sonja van Jenssen from Brussels.

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Russia’s Vital Energy Industry

Threats to Russia’s energy industry have multiplied and intensified, from Europe to Central Asia & Syria. Russia’s vital energy industry,

Originally Published on Oilprice.com

By Dalan McEndree

President Putin’s recent moves in the Middle East—to shore up Bashar al-Assad’s regime in Syria through deployment of combat aircraft, equipment, and manpower and build-out of air-, naval-, and ground-force bases, and the agreement in the last week with Iran, Iraq, and Syria on intelligence and security cooperation—could contribute to Russian efforts to combat the myriad negative pressures on Russia’s vital energy industry.

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In Europe, It Is Natural Gas And Gazprom

When North Americans talk about Pipelines, they are usually thinking about bitumen from Alberta’s tar sands. In Europe, it is natural gas and Gazprom

Reprinted from Energy Post

by Szymon Kardaś and Agata Loskot-Strachota

On 18-19 June, during the annual St. Petersburg International Economic Forum, Gazprom signed a protocol with Shell, Eon and OMV on the construction of a new gas pipeline from Russia via the Baltic Sea to Germany (i.e. another Nord Stream); an Agreement of Strategic Cooperation with Shell; and a memorandum with Greece on the construction on Greek territory of a gas pipeline which is intended to be an extension of the Turkish Stream project.
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Staking Our Future On Natural Gas

Some of the biggest companies in the World were at the World Gas Conference in Paris. They believe  gas will be the world’s “fuel of choice”, because it is “the cleanest fossil fuel”, “abundant” and “competitive”. In the article that follows Karel Beckmen argues they may be “betting on the wrong horse” and staking our future on natural gas. 

Originally Published on Energy Post

By Karel Beckmen

“The question before us today defines our industry and perhaps our society in the 21st Century.” The “question” that Robert Franklin, President of Exxon Mobil’s Gas and Power Marketing Company, was referring to, during a panel debate at the World Gas Conference in Paris (1-5 June), was that of “how to meet the world’s energy demand while reducing the risk of climate change”. The answer to both sides of this question, he said, increasingly was: natural gas.

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