Energy Blast – Feb 23rd, 2009

‘Giant European energy companies are investing billions in US natural gas and oil fields where huge, hard-to-get reserves have been unlocked with new drilling technology.’  Iran is planning to pre-commission’ its Bushehr nuclear power plant this week in the lead up to a formal launch, with the ceremony to be attended by a senior Russian official.  The plant will begin its pilot operations on Wednesday.  On the difficulties and successes of Total‘s presence in Yemen.  ‘It is in everyone’s economic interest to avoid Ukraine being reliant on any one country, which is why it needs a range of [energy] partners who will provide assistance in the interests of the Ukrainian economy, rather than returning to reliance on Russia alone.’