As the war (there’s no point any longer in using hedging words like “crisis” or “conflict”) in eastern Ukraine has intensified over the past several months, an idea that would have once been considered radical has rapidly gained traction among mainstream pundits. I’m talking, of course, about the prospect of sending weapons, “lethal defensive aid” … Continue reading
As winter grips the UK, a group of Russian coal companies with leaders closely linked to President Vladimir Putin are enabling British power companies to keep the country’s lights on – a precarious position as the sanctions rhetoric rises once again. By Nick Kochan in London BNE Three Russian firms, SUEK, KRU and SDS Coal, produce … Continue reading
By Tim Gosling in Prague BNE Chevron announced on January 31 that it is to quit its hunt for Polish shale gas. The last but one energy major to traipse out of the country, the US giant looks to have put the final nail in the coffin of Warsaw’s dreams of leveraging its shale reserves to … Continue reading
By BNE IntelliNews Poland plans to merge its four biggest power utilities, the treasury minister announced late on January 8. The plan is just the latest to spook minority shareholders in the state-controlled companies. The ministry has been hinting at the possible consolidation of the sector for over a year, but such an ambitious plan was not … Continue reading
By Ben Aris in Moscow BNE 1.0 Economics 1.1 Economics overview The mood amongst Russia watchers is as black as it has always been in the midst of one of Russia’s major crises. The forecasts for 2015 are almost – but not unanimously – bleak. The crash of the ruble by 10% in a day … Continue reading