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Mongolia's Energy Reliance on Russia, China a Key Risk
Mongolia's growing dependence on neighbouring Russia and China for fuel and power poses a major risk to its booming mining sector that investors need to consider, foreign business executives said
EU Passes Belarus Sanctions
The European Union passed a series of stringent sanctions against Belarus this morning amid growing anger from the international community over the former Soviet republic’s increasingly pariah status.
$3.5 Billion to Update Ukraine's Gas Lines
It would cost at least $3.5 billion to update the natural gas transmission network through Ukraine, an official at state utility Naftogaz said from Kiev.
International Energy Agency appeals to Russia: please join us
Director of oil consumers' organisation makes bold invitation to major producer in bid to settle dispute over responsibility for high fuel prices
Bulgaria seeks new delay for Belene nuclear deal
Bulgaria has asked Russia to give it until October, an additional three months, to decide whether or not to go ahead with its Belene nuclear power project, Economy and Energy Minister Traicho Traikov said on Friday
Lukashenko to Close Belarusian Borders in Case of Economic Catastrophe
Belarusian President Alexander Lukashenko said he is ready to close the country's borders if the poor economic situation in the country descends into full-scale crisis.
Chinese President Hu in Moscow for talks on energy, trade
Chinese President Hu Jintao was in the Russian capital Moscow on Thursday for a four-day official visit devoted to energy issues and bilateral trade between the two countries.
DTEK wants to enter electricity trade market in Germany
Ukraine's largest private vertically integrated energy holding DTEK is planning to enter the electricity trade market in Germany, Director of Power Trade Ltd. (Kyiv), Andriy Favorov, has said.
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