Europe & Eurasia
Free electricity market at risk
1 May 2005
Progress in liberalising EU electricity markets has been patchy at best. A shame, then, that the European Commission's draft directives on the electricity markets could inadvertently harm it further, writes NJ Watson
Rising imports cause concern
1 May 2005
Europe is becoming increasingly dependent on gas imports from relatively few sources for its escalating gas needs, putting the issue of security of supply at the top of the energy agenda. The European Commission is worried about this trend. Many experts are not. NJ Watson reports
Green light for emissions trade
1 April 2005
February saw the entry into force of the Kyoto Protocol and the delivery of EU emissions allowances into national registries, paving the way for the first spot trades in the CO2 market. Liz Bossley talks to some of the executive committee members of LCCS about the development of emissions trading
Bad old days
1 January 2005
Production boom tailing off
1 January 2005
High world prices have encouraged an oil boom in Russia, where production is rising faster than predicted in the country's energy strategy 2020, published in August 2003. But signs are that, although output will continue to rise, growth will slow over the coming few years. And although Russia will continue to pump more oil onto world markets, its ability to undercut international prices will be limited, Isabel Gorst reports
Birth of a giant
1 January 2005
The creation of a new, giant state-owned oil and gas entity marks a major shake-up in the structure of the Russian oil sector, which since the mid-1990s has been predominantly in private hands. And the new entity has already set its sights on growth - first stop, Yuganskneftegaz, writes Isabel Gorst
Plan C
1 October 2004
Transit Protocol progress
1 July 2004
Bilateral negotiations between Russia and the EU over Russia's accession to the WTO took place in Moscow in May. The energy agenda between the two parties was, as always, at the top of the list, writes Andrei Konoplyanik, deputy secretary-general, Energy Charter Secretariat
A question of interpretation
1 July 2004
Uncertainty about incoming EU energy-market regulation could discourage essential investment in gas infrastructure, limiting competition and pushing up prices, writes Gavin Watson, senior lawyer, global projects, King & Spalding International
Too big for your boots
1 July 2004
Bankruptcy of Yukos is not in the interests of the Russian government, the company's shareholders, management or the international banking community. But the destruction of Russia's biggest oil company continues relentlessly. Isabel Gorst reports