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Poland and Lithuania say Nord Stream 2 is energy security threat in CEE region

18 September 2019

Warsaw and Vilnius fear Moscow will use the pipeline as a geopolitical tool against the region, Ukraine in particular.

Poland hints at stopping purchases of Russian gas altogether

18 September 2019

Poland finally has the infrastructure to reduce dependence on Russian gas, after it built an LNG terminal in the western town of Swinoujscie.

SAUDI OIL ATTACKS: US reaches the Iran Rubicon

17 September 2019

There’s some tough talk about as White House works out how to respond to weekend’s strikes, but hesitancy shown by key officials in both Riyadh and Washington shows the Iranians may have their foes firmly on the back foot.

NEWSBASE: Market reels as Aramco facilities come under fire

17 September 2019

A major attack on Saudi oil facilities has cut production by 5.7mn bpd, but the full effect will not be felt until existing reserves dry up.

Trump stops short of pinning definitive blame on Iran for Saudi oil attacks

17 September 2019

Critics may see his cautious approach as evidence of a vulnerability: an aversion to getting dragged into an unpopular Middle East war in the run-up to the 2020 US election.

NEWSBASE: The attacks on Saudi oil infrastructure are the oil industry's 9/11

16 September 2019

The attacks on Saudi oil infrastructure could turn out to be the oil industry’s 9/11. Reacting to the news, JP Morgan said: “Clearly oil assets have been massively mispriced. The assumption that production facilities are secure is wrong."

Drone attacks on Saudi oil facilities not set to impact oil flows to Europe in big way

16 September 2019

Europe takes little oil from Middle East. It is heavily dependent on Russia for crude deliveries and can turn to Moscow to fill any gaps. The effect on the oil price, however, is a different matter.

Czech energy giant CEZ buys a stake in German solar start-up Zolar

11 September 2019

CEZ executive calls Zolar the "pioneer of an innovative, decentralised model for purchasing rooftop solar systems".

Turkey’s banking association expects $10bn of electric utility loan restructuring this year

10 September 2019

Energy companies left up to their necks in debt by lira crisis.

Russia's Rosneft oil major claims Druzhba crisis still unresolved

3 September 2019

Russian oil major Rosneft claims that state oil pipeline operator Transneft has failed to resolve all the issues with chlorine contaminated oil, Reuters reported on September 3 citing the announcement of Russia's largest crude oil producer.

KPMG says Moldovan investor falsified financial statements to claim $500mn from Kazakhstan

3 September 2019

Auditor’s decision to withdraw three years of reports is likely to change the outcome of the $500mn international legal battle between businessman Anatol Stati and the Kazakh state.

Albania’s net power generation plunges 53% y/y in 2Q19

26 August 2019

Unfavourable weather conditions this year limited production at Albania's main hydropower plants, while electricity imports soared.

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