Russian Oil Flows To Central Europe 'To Dry Up'

Russia's growing oil exports to Asia and the Baltic have unsettled European traders and refiners, who fear shortages on the Black Sea and in Central Europe should Russian output stall or decline. READ MORE

Russia Targeting Oil Assets in Poland and Lithuania

By Vladimir Socor

On October 30, Poland announced its intention to privatize the state-owned majority stake in the country’s second-largest oil industry concern, Lotos Group. The Polish government is inviting interested parties to pre-tender talks on the Lotos Group. READ MORE

Russia-Belarus Oil Dispute Threatens Europe’s Supply

By Andrew E. Kramer

Russia and Belarus have failed to renew an agreement on crude oil export tariffs that expired on New Year’s Eve, raising the prospect that yet another otherwise unremarkable energy pricing dispute between Russia and a neighbor could unravel into a midwinter fuel shut-off on the Continent. READ MORE