The president of Tepco, which operates Japan's crippled Fukushima nuclear power plant, has resigned as the firm reported a loss of 1.25tn yen ($15.3bn; £9.4bn) for the past financial year.

• Date: 20.05.2011  |  Published on EGF: 20.05.2011  |  Markets  |  from bbc.co.uk

Russia said Thursday its cash-strapped neighbour Belarus will have to wait at least until next month before it receives a bailout loan to help fill its cash-starved state coffers.

• Date: 20.05.2011  |  Published on EGF: 20.05.2011  |  External Relations  |  from Yahoo! news

Prime Minister Karim Masimov said Thursday he intends to nominate Kazakhstan National Bank Chairman Grigory Marchenko to lead the International Monetary Fund

• Date: 20.05.2011  |  Published on EGF: 20.05.2011  |  External Relations  |  from xinhuanet.com

Estonian main electricity grid company Elering ordered an analysis from Pöyry Management Consulting (UK) Ltd on pro and contra arguments concerning liberalisation of the Estonian natural gas market and the plan on future activities, LETA/Delfi reports.

• Date: 19.05.2011  |  Published on EGF: 19.05.2011  |  Energy  |  from baltic-course.com

The United States insisted Wednesday that plans to stage missile defences in Europe does not pose a threat to Russia, after Russian President Dmitry Medvedev threatened to quit a key nuclear arms reduction agreement.

• Date: 19.05.2011  |  Published on EGF: 19.05.2011  |  Energy  |  from monstersandcritics.com

Kazakhstan will freeze further development of its most promising gas field, Karachaganak, if it fails to resolve its dispute with foreign shareholders in the project, the Kazakh oil and gas minister said on Wednesday.

• Date: 19.05.2011  |  Published on EGF: 19.05.2011  |  Energy  |  from ctv.ca

Finance Minister Alexei Kudrin said Tuesday that Belarus appeared to have accepted the terms of a $3 billion loan offered by a Russia-led group of former Soviet republics to save the teetering Belarussian economy from a disastrous collapse.

• Date: 18.05.2011  |  Published on EGF: 18.05.2011  |  Markets  |  from themoscowtimes.com

Once again as it has before in its troubled history, the Nabucco pipeline consortium has announced a postponement of construction until 2013, citing a lack of supply contracts, Robert M. Cutler of the Asia Times reports. Gas would not start pumping until 2017

• Date: 18.05.2011  |  Published on EGF: 18.05.2011  |  Energy  |  from eurasianet.org