Turkmenistan aims to start production by July at the Galkynysh natural gas field, the world's second largest, said its minister of oil and gas as the country seeks to boost exports of the fuel and diversify its markets.

• March 16, 2013

Cyprus’ debt crisis puts Russian banks and companies at risk of losing billions of dollars. Russian businesses may reportedly lose over $50 billion should the island's government default on its debt obligations according to Moody's credit rating agency.

• March 15, 2013

An International Monetary Fund mission will visit Ukraine at the end of this month to resume talks with the Kyiv government on a new $15 billion loan programme, the Fund said on Thursday.

• March 14, 2013

Full Comment’s Araminta Wordsworth brings you a daily round-up of quality punditry from across the globe. Today:  The axis of evil is alive and well, but few people have been paying attention.

• March 14, 2013

The meeting of the Estonian President, Toomas Hendrik Ilves, and the Lithuanian Minister of Foreign Affairs, Linas Linkevičius, who arrived in Estonia for a visit on Wednesday, focused on Lithuania's preparations to join the euro area in the coming years, the president's office said.

• March 14, 2013

The Ministry of Energy & Coal Industry of Ukraine informs that Stavitsky was received by First Deputy Prime Minister of Azerbaijan Yagub Eyubov, met with Industry & Energy Minister Natig Aliev, participated in a meeting with involvement of representatives of the State Oil Company of Azerbaijan (SOCAR) and Azerenerji OJSC.

• March 13, 2013

Kazakhstan does not exclude the possibility of transporting its oil through the new Kazakhstan-Turkmenistan-Iran railway to the Persian Gulf, the general director of KazTransOil JSC Kairgeldy Kabyldin told Trend.

• March 12, 2013

The lease of the Ukrainian gas transportation system (GTS) to Russia’s gas monopoly Gazprom jeopardizes national interests of Ukraine, independent energy expert Volodymyr Saprykin said on air of Channel 5.

• March 12, 2013