Energy

Cyprus: Oil exploration to follow natural gas?

 Cyprus: Oil exploration to follow natural gas?

25 July 2013

By Christos Meliopoulos – Nicosia

The positive news all along the banking and economic crisis that has befallen the island have been the developments over the natural gas reserves within its Exclusive Economic Zone. Now it seems that the country’s appetite has been whetted and that it’s decided to literally dig a little deeper, in quest of oil.

Iraq signs deal to import Iranian gas for power

 Iraq signs deal to import Iranian gas for power

Today's Zaman, Reuters, Baghdad

22 July, 2013

Iraq has signed an agreement to import natural gas from Iran for power generation, the electricity ministry said on Monday, in a move that could interfere with US efforts to cut off funds for Iran's nuclear development.

Six Tech Advancements Changing the Fossil Fuels Game

 Six Tech Advancements Changing the Fossil Fuels Game

OilPrice.com Premium Analysts Washington DC Jul 22, 2013

Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at "peak oil" concerns. While hydraulic fracturing has been the most visible revolutionary advancement, other high-tech developments are keeping the ball rolling-from the next generation of ultra-deepwater drillships, subsea oil and gas infrastructure and multi-well-pad drilling to M2M networking, floating LNG facilities, new dimensions in seismic imagery and supercomputing for analog exploration.

Europe’s Energy Security: Options and Challenges to Natural Gas Supply Diversification

Europe’s Energy Security: Options and Challenges to Natural Gas Supply Diversification

CRS Report for Congress

Michael Ratner, Coordinator Specialist in Energy Policy
Paul Belkin Analyst in European Affairs
Jim Nichol Specialist in Russian and Eurasian Affairs
Steven Woehrel Specialist in European Affairs

July 11, 2013

www.crs.gov

Summary 
Europe as a major energy consumer faces a number of challenges when addressing future energy
needs. Among these challenges are rapidly rising global demand and competition for energy
resources from emerging economies such as China and India, persistent instability in energy
producing regions such as the Middle East, a fragmented internal European energy market, and a
growing need to shift fuels in order to address climate change policy.

What Did Turkey Lose When EU Lost Nabucco?

 What Did Turkey Lose When EU Lost Nabucco?

A participant walks past a poster during a meeting of the shareholders of the gas pipeline Nabucco West in Sofia Jan. 10, 2013. (photo by REUTERS/Stoyan Nenov)

By: Olgu Okumuş for Al-Monitor Turkey Pulse Posted on July 2.
Last week, the BP-led Shah Deniz consortium rejected the Nabucco gas pipeline project’s offer to deliver Caspian gas to Europe and Turkey. The European Commission (EC) supported Nabucco as a symbol of consumer and transit country outrage toward the dominance by a few suppliers of the natural-gas market. When the EC lost Nabucco, Turkey lost its chance to show the decisiveness of transit countries in the energy market.

Dice cast over Cyprus LNG plant

 Dice cast over Cyprus LNG plant

27 June 2013

By Christos Meliopoulos – Nicosia

The dice has been cast as regards the Liquefied Natural Gas plant that the Cypriot government has decided to build in the Vassilikos area of the island’s south coast. A memorandum of understanding was signed between the Energy Ministry and the energy companies involved in the gas drilling project in block 12 of the country’s maritime exclusive economic zone.

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