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News on Energy
Russia says South Stream gas pipeline is going ahead

The Russia-led South Stream undersea gas pipeline is still going ahead, Energy Minister Alexander Novak was quoted as saying on Saturday, following concerns the European Union might be losing enthusiasm for the project.

  • Date: 04.10.2014  |  Published on EGF: 04.10.2014  |  Energy  |  from http://www.reuters.com/
Denmark says EU green energy deal best way to sanction Russia

A European Union deal to cut fuel use and increase renewable energy would be a better punishment on Moscow than more sanctions as it would clearly show the EU means to cut reliance on Russian gas, Denmark's foreign minister said on Thursday.

  • Date: 02.10.2014  |  Published on EGF: 02.10.2014  |  Energy  |  from http://www.reuters.com/
Only Ukraine and EU can change trade deal, Barroso tells Putin

Amendments to a EU-Ukraine trade deal at the centre of tensions between Russia and the West can only be agreed between Brussels and Kiev, the head of the European Commission has said.

  • Date: 01.10.2014  |  Published on EGF: 01.10.2014  |  Energy  |  from http://www.reuters.com/
EU keeps Russia sanctions in place, sees 'encouraging' signs

The European Union decided on Tuesday to keep in place a package of economic sanctions against Russia over its support for separatist rebels in eastern Ukraine despite what it called "encouraging developments" on the ground after a ceasefire deal.

  • Date: 30.09.2014  |  Published on EGF: 30.09.2014  |  Energy  |  from http://www.reuters.com/
Russia hopes for Ukraine gas deal this week

Russia's energy minister said on Tuesday he hoped to reach a deal in a gas dispute with Ukraine this week, but Kiev must pay some of its large debts before Moscow resumes gas supplies.

  • Date: 30.09.2014  |  Published on EGF: 30.09.2014  |  Energy  |  from http://www.reuters.com/
Secretive Russian oil giant has no fear of sanctions

While most Russian oil tycoons and Kremlin energy officials are calculating billions of losses that could result from Western sanctions, one of them is counting his blessings.

  • Date: 26.09.2014  |  Published on EGF: 26.09.2014  |  Energy  |  from http://www.reuters.com/
Rosneft may back out of Morgan Stanley oil unit deal: sources

Rosneft (ROSN.MM), Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley (MS.N)'s oil trading unit because Western sanctions make it virtually impossible to finance day-to-day operations, three sources close to the state-controlled company said.

  • Date: 25.09.2014  |  Published on EGF: 25.09.2014  |  Energy  |  from http://www.reuters.com/
Polish miners block Russian coal imports at border

More than 200 Polish miners blocked trains carrying Russian coal at a border passage in northern Poland to protest against the cheaper Russian coal being brought in at a time when local mines are struggling, mining union leaders said on Wednesday.

  • Date: 24.09.2014  |  Published on EGF: 24.09.2014  |  Energy  |  from http://www.reuters.com/
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