Subscribe free to our newsletters via your
. Space Travel 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 Launches Two Surveillance Satellites From Cape Canaveral

United Launch Alliance Marks 85th Successful Launch

US aerospace firm outlines New Zealand-based space program

China to launch satellite for Venezuela

OIL AND GAS
Los Alamos Laser Selected for 2020 Mars Mission

NASA Announces Mars 2020 Rover Payload to Explore the Red Planet as Never Before

Mars 2020 rover will carry tools to make oxygen

NASA Long-Lived Mars Opportunity Rover Passes 25 Miles of Driving

OIL AND GAS
Manned Moon Mission to Cost Russia $2.8 Bln

Tidal forces gave moon its shape

Riddle of bulging Moon solved at last

China's biggest moon challenge: returning to earth

OIL AND GAS
Putting It All Together

Annual Checkout Makes for Great Pluto Preparation

In exactly one year, NASA's New Horizons probe will reach Pluto

What If Voyager Had Explored Pluto?

OIL AND GAS
Young binary star system may form planets with weird and wild orbits

Hubble Finds Three Surprisingly Dry Exoplanets

Astronomers come up dry in search for water on exoplanets

Hubble Finds Three Surprisingly Dry Exoplanets

OIL AND GAS
Federal auditors say NASA doesn't have funds for big rocket

World's Largest Spacecraft Welding Tool Will Build Core Stage of NASA's Space Launch System

Sierra Nevada Contacts All Six On-Orbit ORBCOMM Generation 2 Satellites

Aerojet Rocketdyne Tests 1 Newton Thruster for Green Propellant Infusion Mission

OIL AND GAS
China's Circumlunar Spacecraft Unmasked

China to launch HD observation satellite this year

Lunar rock collisions behind Yutu damage

China's Fast Track To Circumlunar Mission

OIL AND GAS
How Rosetta arrives at a comet

Comet-chaser nears prey after crossing billions of miles

New NASA Research Shows Giant Asteroids Battered Early Earth

Surface impressions of Rosetta's comet




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.