At the end of December 1999, as the world prepared to usher in a new Millennium, in Europe and other parts of the planet, there was widespread concern that the so called “Millennium Bug” would strike, causing unforeseen disruption and havoc. Ten years on, in December of last year, for many in Europe, the Millennium Bug was just a shade in the memory as a far more ominous concern was pressing home – the prospect of another gas crisis. Although the fact that the Russia-Ukraine gas dispute of January 2009 – and its knock-on effect of leaving much of Europe without natural gas in the peak of winter – did not repeat itself during the record cold European temperatures of January this year, the very fact that European attention has become so focused on this theme demonstrates how geopolitical developments in the European hinterlands have come to impact the day-to-day livelihood of all Europeans

• March 16, 2010

World Bank's International Finance Corporation looks like being not far behind. As reported in Zaman, Turkey's energy and natural resources minister, Taner Yildiz, told the country's parliament that a transportation fee will be imposed although no

• March 15, 2010

* Nakhichevan deposit could contain up to 300 bcm of gas BAKU, March 9 (Reuters) - Azeri state energy firm SOCAR and German utility RWE (RWEG.DE: Quote, Profile, Research) intend to sign a memorandum of understanding on Wednesday to explore the

• March 14, 2010

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• March 14, 2010

Denmark and Norway into a new gold rush - and global warming sceptics are distracting the US from security risks Expected melting of summer sea ice in the Arctic Ocean means greatly expanded access to increasingly scarce fossil fuels. Image Credit: Gulf

• March 13, 2010

The Baltic Sea region's role on Europe's energy map will grow in the near future. The Baltic accounts for more than 15% of global cargo transportation.1 But it is

• March 13, 2010

KIEV, Ukraine, March 12 (UPI) -- The new government in Ukraine aims to focus on finding an optimal price for natural gas it purchases from Russia, the Ukrainian prime minister said. Ukrainian

• March 12, 2010

Commission to publish draft law on how to deal with nuclear waste by the end of the year.

• March 8, 2010