A draft interstate Ukrainian-Russian 'gas' agreement foresees the creation of two joint ventures jointly with OAO Gazprom (50% and 50% stakes) on the basis of the Ukrainian gas transportation system, according to the Dzerkalo Tyzhnia Ukraine weekly, with reference to its own sources.

• December 10, 2011

Chinese telecommunications equipment maker Huawei Technologies says it will cut back its business in Iran, where it aids state-run telecom operators, due to the "increasingly complex situation" there.

• December 10, 2011

The Kyrgyz Energy Ministry and Russian energy company Inter RAO UES will discuss the construction of the Kambarata hydroelectric power station-1, Kyrgyz Energy Minister Askarbek Shadiev said at a press conference in Bishkek on Friday, KirTAG reported.

• December 9, 2011

Security is being stepped up ahead of an opposition rally in Moscow on Saturday expected to draw 30,000 people.

• December 9, 2011

Russia announced that it will not join any efforts to sanction Iran’s oil and gas sector..

• December 9, 2011

Georgian PM, Nika Gilauri, met with Kazakh President, Nursultan Nazarbayev, in Astana on December 7 to discuss “bilateral relations, trade and economic cooperation,” the Kazakh President’s administration said.

• December 8, 2011

Russia warned Thursday time was running out to conclude a missile defence deal with NATO after the two failed again to bridge differences on a project the alliance says is aimed at countering threats from states like Iran.

• December 8, 2011

Washington hopes to have another round of rare denuclearization talks with Pyongyang, said Thursday Glyn Davies, new US special representative for the Democratic People's Republic of Korea (DPRK).

• December 8, 2011