A draft interstate Ukrainian-Russian 'gas' agreement foresees the creation of two joint ventures jointly with OAO Gazprom (50% and 50% stakes) on the basis of the Ukrainian gas transportation system, according to the Dzerkalo Tyzhnia Ukraine weekly, with reference to its own sources.

• December 10, 2011

The Kyrgyz Energy Ministry and Russian energy company Inter RAO UES will discuss the construction of the Kambarata hydroelectric power station-1, Kyrgyz Energy Minister Askarbek Shadiev said at a press conference in Bishkek on Friday, KirTAG reported.

• December 9, 2011

Russia announced that it will not join any efforts to sanction Iran’s oil and gas sector..

• December 9, 2011

Former Soviet leader Mikhail Gorbachev has called for Russia's parliament election to be annulled and a new vote held. He said the results do not reflect the will of the people, and authorities must admit to fabrications and rigging.

• December 7, 2011

France still considers India as an attractive investment destination despite the Government's flip-flop on FDI in retail.

• December 7, 2011

Russia will continue render assistance to Kyrgyzstan – they will not let them die, but a golden rain is not expected. Andrey Grozin, Russian expert, head of the Central Asia and Kazakhstan Department of the CIS Countries Institute, stated at today’s demonstration lecture.

• December 6, 2011

With India and Israel being at an advanced stage of finalising a free trade agreement, the bilateral trade is likely to touch $15 billion from around $5 billion now, said Mr Alon Ushpiz, Ambassador of Israel to India.

• December 6, 2011

Russia's parliamentary election was tilted in favour of Prime Minister Vladimir Putin's party and marred by violations, but voters still took advantage of having a choice, European monitors said on Monday.

• December 5, 2011