A South Korean joint venture in energy-rich Uzbekistan said on Saturday it had secured a $2.5 billion credit line to build a new chemical and gas production unit by 2016.

• May 19, 2012

American negotiators, heading into a crucial round of talks with Iran over its nuclear program next week in Baghdad, are allowing themselves a rare emotion after more than a decade of fruitless haggling with Tehran: hope.

• May 19, 2012

Ukraine and Poland have signed a number of agreements on economic cooperation. The sides signed a protocol, an agreement on social assistance, and an administrative agreement on it, reads a press release of the Infrastructure Ministry of Ukraine distributed at a press conference following a meeting of the Ukrainian-Polish Intergovernmental Committee on Economic Cooperation.

• May 19, 2012

Bulgaria managed to negotiate special terms for the supply of Russian gas regardless of its abrupt withdrawal from the Burgas-Alexandroupolis oil pipeline and the Belene NPP energy projects, Russian media outlets note.

• May 18, 2012

Iran's talks with the UN nuclear watchdog about Tehran's atomic activities are going well, a senior Iranian official said on Tuesday, the second day of discussions.

• May 15, 2012

A senior U.N. nuclear agency official urged Iran on Monday to allow access to sites, people and documents it seeks in its probe of suspicions that Tehran conducted secret research into nuclear weapons development.

• May 14, 2012

The Iranian Energy Ministry said it expects to secure export contracts for electricity with the Syrian and Lebanese governments in the near future.

• May 12, 2012

A small Chinese company has struck oil in Kyrgyzstan, and leaders of the impoverished former Soviet republic said they hoped the first find by a foreign oil firm would encourage investors to explore its undeveloped energy and metals resources

• May 9, 2012