On May 16 in Sharjah (United Arab Emirates), the Hungarian oil and gas company MOL signed an agreement to acquire a 10 percent stake in Pearl Petroleum, the holder of exploration and production rights in two gas fields in the Kurdistan Region of Iraq. The... MORE

On May 7, in Prague, the Eastern Partnership Project (EPP) was initiated with the participation of Georgia, Moldova, Armenia, Azerbaijan, Ukraine, and Belarus. Perhaps reflecting a response to the concerns of several European leaders, Belarus was not represented by President Alyaksandr Lukashenka or Prime Minister... MORE

Warnings continue to come from Al-Qaeda in the Islamic Maghreb (AQIM) that time is running out for the British government if it wants to obtain the release of a kidnapped British tourist by freeing imprisoned al-Qaeda ideologue Abu Qatada al-Filistini (Ennahar [Algiers], May 2). While... MORE

The Ukrainian Interior Minister Yury Lutsenko has tendered his resignation following his arrest at a German airport. Prime Minister Yulia Tymoshenko wanted to keep him since he was a loyal minister, but the opposition Party of Regions (PRU) instead attempted to use the opportunity to... MORE

German Chancellor Angela Merkel and French President Nicholas Sarkozy reignited the debate on Turkey's place within Europe by questioning the wisdom of Turkey seeking full membership of the European Union. Attending a meeting in Berlin, the two leaders emphasized their objection to the EU's enlargement... MORE

Barely nine days after the Hungarian gas trader Emfesz KFT announced that it will begin receiving supplies of 3 billion cubic meters annually from the Zug (Switzerland) based company RosGas AG, rather than the now inactive RosUkrEnergo (RUE) the Russian press reported that Emfesz has... MORE

Ukrainian Prime Minister Yulia Tymoshenko, commencing talks with her Russian counterpart Vladimir Putin in Moscow on April 29, said that a "certain confrontation" in the gas trade between the two countries will soon become history. She had planned to meet Putin on April 8, but... MORE

Terrorist activities within the European Union (EU) declined in 2008 as compared to the previous year, according to the annual report published by Europol, the European Union’s criminal intelligence agency. [1] The report lists 515 failed, foiled or successful attacks reported by EU member states,... MORE

Discussions over the many conflicts between Ukraine and Russia have focused on the more well known: the status of the Russian language, unpaid energy bills and gas pipelines, withdrawal of the Black Sea Fleet, Russia's invasion of Georgia, support for Crimean separatism, and future NATO... MORE

Gazprom may be preparing to take over a large part of the Hungarian domestic gas distribution network. A new, highly opaque deal is in the works as a result of which Hungary's energy security could be threatened. On April 28 Emfesz KFT, a major Hungarian... MORE