The simmering dispute over waterway rights between Ukraine and Russia broke into armed conflict this week
Ukraine
Marcellus Shale Update: Russia, Ukraine And Marcellus
By Daniel Markind | Flaster Greenberg PCSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.New Russia Sanctions Legislation
By ELIZABETH OWERBACH, CHRISTINE SAVAGE, TERRY SNELL | KING & SPALDING
The U.S. Senate passed this week a measure to codify, strengthen and expand sanctions against the Russian Federation in response to its activities in Ukraine, cyber-attacks, interference in the U.S. Presidential election, and activities in Syria.
The next winter is approaching fast in natural gas terms. While temperatures are slowly rising in the Northern Hemisphere and the cherry blossoms around the Tidal Basin in Washington, DC hit peak bloom over the weekend, across the pond the EU Commission kicked off a fresh series of trilateral gas talks between Russia, the Ukraine… Keep reading →
EU Energy Union: High-stakes Supply Security Document Leaked
By Roman Kilisek
Last week, the European Commission held its first orientation debate on the Energy Union in the college of the Commission. “It was the first time that all commissioners together had an in-depth discussion on the issue. And I can tell you that there was very broad agreement on the main features of the future Energy… Keep reading →
Russian, Ukrainian and EU leadership meet tomorrow with the goal of finalizing a natural gas supply agreement as cold winter weather looms. Russia suspended gas shipments to Ukraine in June due to disagreements over price going forward and over $5 billion of unpaid bills for gas already delivered. Ukraine’s state gas company faces financial challenges… Keep reading →
The EU Commission yesterday released the first “Energy Security Stress Tests” in the wake of the Ukraine crisis. On its behalf, the European Network of Transmission System Operators for gas (ENTSOG) modeled two disruption scenarios for a period of one or six months: Complete halt of Russian gas imports to the EU Disruption of Russian… Keep reading →
Energy News Roundup: Oil Prices at Two-year Low, Oil Market Conspiracy Theories & Europe Speeds up Common Energy Market
By Jared Anderson
A mixture of supply/demand fundamentals and economic indicators are pushing down prices for global benchmark crude grade Brent. The EIA concisely describes current global crude oil market dynamics in its Today in Energy brief. [EIA] Oil market observers are buzzing with theories seeking to explain why Saudi Arabia cut official selling prices for its crude… Keep reading →
Energy News Roundup: Credit Suisse Cuts Oil Price Forecast, Gazprom’s Gas Exports Down & Oklahoma Wind Power Controversy
By Jared Anderson
Analysts at investment bank Credit Suisse cut their 2015 benchmark global oil price expectations in the face of bearish fundamentals, forecasting Brent to average $97 per barrel and WTI to average $89/bbl. All eyes are on Saudi Arabian exports, which are currently at the lower end of the historical spectrum and could decrease further when… Keep reading →
Energy News Roundup: Asian LNG Buyers Teaming Up, Hamm’s Divorce Shenanigans & Ukraine Targets Alternatives to Cut Gas Demand
By Jared Anderson
Some of the world’s largest LNG purchasers by volume are beginning to cooperate in an effort to increase bargaining power and secure lower prices. “Korea Gas and Tokyo Gas plan to deepen a partnership they started in 1990 on exchanging information and technology to possibly include joint investments in gas developments, along with purchases of… Keep reading →
WASHINGTON: ISIL has battled its way to the Golan Heights, putting its mad troops opposite battle-hardened Israel. NATO says satellite imagery prove Russian troops and materiel are flowing into Ukraine. The president of Ukraine cancels a trip to Turkey and announces mandatory conscription. “Columns of heavy artillery, huge loads of arms and regular Russian servicemen came… Keep reading →
