Gazprom Faces Arbitration With Edison After Ruling on RWE Price
OAO Gazprom (GAZP), the Russian gas exporter forced to revise contracts with RWE AG (RWE) last month, is set for further legal wrangles after Electricite de France SA’s Italian unit initiated arbitration proceedings. READ MORE
Putin Looks Sour Loser On Nabucco
Russia seems to have lost its lobbying battle in Europe for its South Stream pipeline carrying gas and against rival Nabucco, which is planned to run from Azerbaijan via Turkey to the European markets. At present, Moscow seeks as a last resort to negate the availability of gas supplies to the Nabucco project in the Caspian basin. READ MORE
Energy Companies Bet On Nuclear Power To Recoup Investments
With Berlin scheduled to unveil a new energy concept, power companies have been lobbying for the extended use of their nuclear plants, if only for 10 to 15 more years. They could recoup their investments and then some. READ MORE
Europe can lose part of Azerbaijani gas
In 2010, Azerbaijan will produce over 28 billion cubic meters of gas, the republic will have free volume of fuel for export. Along with the traditional markets of gas sale such as Georgia and Turkey, this year Azerbaijan starts supplying gas to new markets - Russia and Iran. READ MORE
German oil firm looks for new deposits at home
While oil exploration company RWE Dea often drills in the sands of Libya or under the waters of the Caspian Sea, a new project has the company looking for the black gold in a pine forest in Northern Germany. READ MORE
If Gas Could Talk
Can a deal struck with the EU help the plight of Turkmen – or are we only interested in their country's gas? READ MORE
Desertec solar energy plans heats up
European companies are meeting in the German city of Munich to sign a memorandum of intent over plans to harness solar power to feed Western energy needs. READ MORE
