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Shell And Gazprom Sign 'Global Co-Operation' Pact

By Tim Webb

Deal will give Shell access to Russia's huge oil and gas reserves READ MORE

Russia Sees ‘Too Much’ EU Energy Diversification

By Ewa Krukowska

Russian Energy Minister Sergei Shmatko said the European Union is pursuing “too much” a policy of energy-source diversification and assured his country can provide “good and economically viable” supplies. 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

Is the U.S. Bullying Europe Into Cutting Ties With Iran?

By Vivienne Walt

Tougher U.S. and European sanctions against Iran might be hitting its economy, leading to fears of looming inflation and cuts in food and gas subsidies. But that doesn't mean the Islamic Republic is out of friends — far from it. Even the U.S.'s close allies in Europe have stopped short of cutting their relations with Iran, allowing it to continue its trade in oil and gas. READ MORE

Oil And Politics, The Lithuania Round

By Jan Cienski

How a Polish investment in a Lithuanian oil refinery went bad and raised Russia's ire. READ MORE

Black Sea LNG Project Draws On Gas From Azerbaijan

By Vladimir Socor

During a meeting on September 13-14 in Baku, Presidents Ilham Aliyev of Azerbaijan, Mikheil Saakashvili of Georgia, and Traian Basescu of Romania, as well as Prime Minister Viktor Orban of Hungary, announced the launching of a liquefied natural gas (LNG) project. Designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI), and linking up with Hungary, this is the first-ever LNG project in the Black Sea. READ MORE

Trend Commentator: Europe Wastes Time And Gas

By Seymur Aliyev

Azerbaijan has always been famous for its oil industry. In the last four years, it has been strengthening its position in gas exports. Azerbaijan's gas exports are as important as its oil and oil products. Proof of this can be seen in the recent signing of extentions to the contract for Azerbaijani gas supplies to Russia. They involve a doubling of fuel supply up to two billion cubic meters in 2011 and a further increase in 2012. READ MORE

Global Warming To Boost Economic Power Of Cities In The 'New North' Which Can Unlock Natural Resources

By Niall Firth

Global warming will make cities in northern countries like Canada and Scandinavia the next big global economic powers, a senior academic has predicted. READ MORE

Russia, Azerbaijan to sign deal on boosting gas supplies

Russian gas giant Gazprom and Azerbaijan's state oil and gas company will sign a deal to increase supplies of Azerbaijani gas to Russia in 2011-2012 during the Russian president's visit to Baku on Thursday, RIA Novosti reported. READ MORE

Will Kazakhstan's oil reach Europe?

By Ainis Razma, VDU PMDI doktorantas

The main trend of the strategy for export of Kazakhstan’s energy resources is ultimate diversification of its roads, therefore oil export to Europe is in compliance with the country‘s interests. READ MORE