Russia set to profit from Libya, Japan crises
Only a year ago, Russia's dominance as a global energy supplier was threatened by low gas prices and a reputation as an unreliable trade partner. But with the world now shaken by Japan's natural disasters and uprisings across the Middle East, the country is back at the heart of the market - and cashing in.
Estonia sees rock as future of global energy
Estonia's shale hub is Narva, in the northeast near the Russian border. Two underground mines and two open-cast pits in the area feed a duo of power stations -- the world's biggest oil shale-fired electricity plants.
Customs union with Russia, Kazakhstan, free trade area with EU not mutually exclusive for Ukraine
Ukraine's joining a free trade area with the European Union will depend on greater flexibility and a readiness for a compromise with EU member states, Prime Minister Mykola Azarov has said.
Russia, U.S. warm up on missile defense
Setting aside decades of acrimony over President Ronald Reagan's vision of a "Star Wars" missile shield, the United States and Russia have been holding exploratory but serious talks about potential ways to cooperate on missile defense in Europe.
Ukraine to revise its energy strategy
Prime Minister Mykola Azarov has said that Ukraine will revise its energy strategy for the long- term prospects, local media reported
Lithuania to propose EU to impose restrictions on trading electricity produced in Belarus and Kaliningrad
Prime Minister Andrius Kubilius assured that Lithuania is prepared to appeal to the EU institutions with a proposal of imposing restrictions and certain rules on trading electricity from the third parties, which are planning to generate electric power under conditions that do not comply with the requirements of nuclear safety.
Russia offers Japan stake in gas production
Prime Minister Vladimir Putin says that Japanese companies can participate in production of natural gas in eastern Russia.
RF, Kazakhstan presidents discuss cooperation within EurAsEC
Russian President Dmitry Medvedev and his Kazakh counterpart Nursultan Nazarbayev discussed prospects for further cooperation within the EurAsEC framework, the pace of formation of the Customs Union, as well as a range of regional problems, including the situation in Central Asia, aide of the Russian president Sergei Prikhodko said speaking about a meeting of the two countries’ leaders held on Friday.
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