Austrian energy company OMV has announced that the consortium developing Azerbaijan's Shah Deniz-2 natural-gas and oil field has rejected using the proposed multibillion-dollar Nabucco West pipeline.

• June 26, 2013

Russia's Rosneft (ROSN.MM) agreed a $270 billion deal to double oil supplies to China on Friday, as the Kremlin energy champion shifts its focus to Asia from saturated and crisis-hit European markets.

• June 21, 2013

Turkey is ready to deliver Turkmenistan’s natural gas to consumers in Europe, Turkish President Abdullah Gül said yesterday, supporting the Central Asian nation’s plans to build alternative pipelines and ease dependence on exports to Russia.

• May 31, 2013

Home to the creators of Skype and the first country to use online voting, Estonia relishes its image as a technological pioneer. But the tiny East European country's most far-reaching economic achievement could come from how it has learned to squeeze oil from a rock.

• May 30, 2013

IAEA can continue supervision of Iran's nuclear activities without any obstacles, Iran's ambassador to IAEA, Ali Asghar Soltanieh said, Mehr news agency reported.

• May 23, 2013

India has slashed Iranian oil imports by almost a fifth since December, the sharpest cut among Asian buyers, in a move that should increase its chances of winning a new US waiver next month on sanctions targeting oil trade with Iran.

• May 22, 2013

Gas from Turkmenistan’s largest gas condensate field will flow to China, national gas company Turkmengaz CEO Kakageldy Abdullayev said on Wednesday.

• May 22, 2013

Armenian Energy Minister Armen Movsisian underlined the need for continued cooperation between his country and Iran, IRNA reported.

• May 22, 2013