Subscribe free to our newsletters via your
. Military Space News .




OIL AND GAS
Russia sets dates for energy talks with EU
by Daniel J. Graeber
Moscow (UPI) Aug 5, 2014


Russia's Lukoil unloads retail centers in Europe
Moscow (UPI) Aug 5, 2013 - Russian energy company Lukoil said it sold off its service stations in Hungary, the Czech Republic and the Slovak Republic as part of an optimization strategy.

Hungarian energy company MOL acquired 44 retail service centers from Lukoil. It builds on a similar acquisition in the country from Italian energy company Eni, giving it 319 service stations in the Czech Republic.

Rival company Norm Benzinkut purchased 75 filling stations in Hungary and 19 in Slovakia.

The Russian energy company said the sales were part of an effort to streamline its asset base in Central Europe.

"The decision to sell the assets was taken as part of the effort to optimize LUKOIL's business in petroleum-product marketing," the company said in a statement Monday.

Lukoil last week made a similar move with its network of filling stations in Ukraine.

Lukoil was spared from the latest round of U.S. and European sanctions targeting Russia's energy secotr in response to the Kremlin's stance on Ukraine.

Terms of the Central European sales weren't disclosed.

Members from the European Union are expected to meet with Russian Energy Minister Alexander Novak at the end of August, the Kremlin said Tuesday.

European leaders are trying to diversify a natural gas sector that depends heavily on Russia. Most of the gas Russia sends to Europe runs through a Soviet-era pipeline network in Ukraine and ongoing crises there adds a layer of risk to the European energy sector.

An unnamed representative from the Energy Ministry told RIA Novosti a meeting between Novak and European Energy Commissioner Gunther Oettinger is scheduled for the end of August to review the situation.

"Preliminarily, the meeting is scheduled to take place on Aug. 29," the representative said Tuesday.

No venue was announced.

Russian energy company Gazprom said Ukraine owes billions of dollars for recent gas deliveries. Debt disputes in 2006 and 2009 resulted in a Gazprom decision to cut gas through Ukraine, which left downstream consumers in Europe short of energy supplies.

Oettinger last week outlined ways to build on an energy plan calling for a 20 percent increase in renewable energy use, a 20 percent reduction in greenhouse gas emissions from a 1990 benchmark and a 20 percent increase in energy efficiency by 2020.

Oettinger said the new plan could reduce natural gas imports by 30 percent.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Rights groups blast lack of action on Nigeria oil pollution
Lagos (AFP) Aug 04, 2014
Nigeria and Shell have done almost nothing to ease oil pollution in the Ogoniland area of the Niger Delta, three years after a landmark UN report called for a $1 billion clean-up, rights groups said Monday. Environmental devastation in Ogoniland has for many come to symbolise the tragedy of Nigeria's vast oil wealth. Decades of crude production filled the pockets of powerful government o ... read more


OIL AND GAS
US Congress approves funding for Israel's Iron Dome

MEADS International touts its air defense system capabilities

Space surveillance satellites being sent into orbit

Patriot getting enhanced radar capabilities

OIL AND GAS
Russia has violated arms treaty by testing cruise missile: US

MD 530G attack helicopters fires Talon rockets

Missile decoy system on Australian, U.S. warships to be upgraded

Man-portable missile successfully fired from vehicle

OIL AND GAS
Northrop completes UAV fuselage for NATO program

Brazil's Flight Tech exporting UAV

Drones thrill Martha Stewart... and US prison convicts

K-MAX unmanned cargo helo finishes Afghan deployment

OIL AND GAS
U.S. government using commercial Inmarsat 5 satellite

Lockheed Martin Selected For USAF Satellite Hosted Payload Initiative

AF satellites to contribute to space neighborhood watch

Harris receives order for new tactical radios

OIL AND GAS
Army eyes lighter weight combat vehicles

Lockheed touts performance of its enhanced bomb guidance kit

F-35B Successfully Completes Wet Runway And Crosswind Testing

Javelin Joint Venture Demonstrates Vehicle-Mounted Missile Launch

OIL AND GAS
Lebanon army urges France to speed up weapons delivery

Big win from Army for small Michigan business

Military selects Liquidity Services for continued sale of surplus

Unisys continues services for DISA

OIL AND GAS
China probes Canadian Christian couple for alleged spying

Ukrainians flee besieged Donetsk as fighting closes in

Japan defence paper warns over China's 'dangerous acts' in sea, air

NATO to draw up new defence plans amid Ukraine crisis: Rasmussen

OIL AND GAS
A Crystal Wedding in the Nanocosmos

NIST shows ultrasonically propelled nanorods spin dizzyingly fast

Low cost technique improves properties of nanomaterials

Rice nanophotonics experts create powerful molecular sensor




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.