Missile defence in Europe no threat to Russia, US says
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.
Kazakhstan set to freeze major gas project
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.
Nabucco Postponed, Turkmenistan Focuses on Trans-Caspian
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
LUKOIL sees protracted talks on Kazakh gas field
A solution to a shareholder dispute over the development of Kazakhstan's most prospective gas field could take anything from six months to 10 years, the head of Russian shareholder LUKOIL (LKOH.MM) said on Tuesday.
China hit by worst power crisis in years, Q2 output to fall
China is grappling with its worst power shortage in years, particularly in the eastern and southern regions – the country’s main industrial bases, auguring reduced economic output for the second quarter, industry sources on Monday.
Pakistan proposes uninterrupted power at higher tariff
Pakistanis can now have uninterrupted electricity supply — but for a price.
Bhel deal to deepen India's commercial ties with Iraq
Bharat Heavy Electricals Ltd (Bhel) signed a provisional Rs.1,500 crore deal with the government of Iraq earlier this month, the latest of several efforts by state-owned companies to engage with oil and gas-rich countries in West Asia that have well over half of the world’s proven reserves of crude oil and a little over a third of global gas reserves.
Russia sends second consignment of fuel for Iran's nuclear power plant
The second consignment of fuel for Iran's nuclear power plant was delivered from Russia to the southern Iranian city of Bushehr, the local satellite Press TV reported on Wednesday.
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