Europe Worries Over Russian Gas Giant's Influence
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Gazprom has spun a web of control over energy supplies extending from Estonia on the Baltic Sea to Bulgaria on the Black Sea.
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Prague. October 4. INTERFAX EUROPE ? Russian firm Carbonica-F will build a steam-gas power station in the Czech Republic in cooperation with an as yet unknown partner, reports the latest edition of the weekly ...
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Business & money: Â· RBS and ABN reputations at stake over environment  Â· Russians ignore green concerns, say campaigners
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MAFRA, Portugal  - Russian President Vladimir Putin sparred with European Union leaders on Friday over EU plans to limit foreign investment in its energy markets and Russia's stalled bid to join the World Trade Organization.
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"The U.S. side warned about the political influence Moscow would gain by controlling energy resources in Serbia and the region, and expressed a negative assessment about the economic justification of South Stream"  By Oleg ShchedrovMOSCOW  - Russia won the right on Friday to route a major gas supply route to Europe through its ally Serbia, a move analysts described as marking a Kremlin victory in a "pipeline war" with the European Union.The gas agreement, signed in the Kremlin before President Vladimir Putin and visiting Serbian leaders, alarmed the United States because it increased Moscow's control over energy supplies to Europe and could undermine a rival EU project.Strong Russian opposition to independence for the Serbian province of Kosovo was a key bargaining chip in the agreement for Serbia to join the South Stream gas pipeline. Belgrade also agreed to sell a majority stake in Serbia's oil monopoly NIS to Russian gas giant Gazprom at a favorable price. Read more
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Russian President Vladimir Putin on  Tuesday warned that deploying a U.S. missile shield in Europe  would turn the continent into &quot;a powder keg,&quot; Itar-Tass news  agency reported.
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COMPIEGNE, France  - Russian President Vladimir   Putin sought to reassure France and Germany on Saturday they   had nothing to fear from Moscow's growing economic clout and   held out the prospect of more natural gas for Europe.
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Eleven energy ministers warned of rising political and commercial risks to Europe's energy markets as President Vladimir Putin issued a warning to &quot;unconscientious&quot; investors.
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MOSCOW : The Russian government&#39;s assault on oil giant Yukos is a source of concern that could impact foreign investment in the country, a senior International Monetary Fund official warned.
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Speculation over the possible sale of Latvia's strategic oil port to a Russian investor has picked up in recent weeks, with several analysts guessing the likely identity of the buyer.
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Gazprom, the natural gas operator, moved closer to a monopoly the on Russian market, which could have far-reaching consequences for the pricing and politics of energy in Asia.
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Russia will play an increased role in oil and gas supply and trading with considerable consequence for the world&#39;s energy security, the International Energy Agency (IEA) said Tuesday.
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BUDAPEST, Aug 7 (IPS) - With reliable alternatives remaining a relatively  distant dream, Hungary, one of the most gas-dependent countries  in Europe, will have to rely on Russian sources in the  foreseeable future.
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Russia assured France and  Germany on Saturday it was a reliable energy supplier to  European consumers and said Gazprom was considering exporting  gas from its Shtokman field toward Europe.
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Oil firms react cautiously to Russia's move to keep natural resource tenders in 2005 for locally-controlled firms.
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The kidnapping of two Italian aid workers in Iraq and Moscow's threat to strike terrorists anywhere in the world dominates comment in European papers.
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By Martin Flanagan  PRESSURE from Russian authorities has started threatening the timetable of the Shell-led Sakhalin-2 project, its operator said yesterday, amid concerns it may fail to supply Asia and the United States in 2008.