India's GMR Infrastructure said on Friday its unit GMR Energy Ltd has entered into a pact to acquire a 30 percent stake in Indonesia's PT Golden Energy Mines Tbk or GEMS, for $450-$550 million in cash, joining the line of Indian firms buying coal assets across the globe to seek fuel security.

• August 12, 2011

Russian President Dmitry Medvedev and his Ukrainian counterpart Viktor Yanukovych will discuss integration among former Soviet states at a meeting tomorrow as Ukraine seeks to cut prices on natural-gas imports.

• August 11, 2011

Russian investments are increasing in Georgia, despite the hostile rhetoric from the countries' leaders and lack of diplomatic relations

• August 11, 2011

Bulgaria and Russia have started negotiations on their claims for one another over delayed payments for equipment for the Belene nuclear power plant, parallel to the general talks on the fate of the troubled project.

• August 10, 2011

Turkmenistan will begin exporting natural gas from its Caspian Sea wells, Turkmenistan.ru reported August 7. Yagshigeldy Kakayev, director of the State Agency for Management and Use of Hydrocarbon Resources, announced the pending export at a cabinet meeting.

• August 9, 2011

Russia and Georgia, whose relations have been fraught after a war three years ago, should expand dialogue beyond talks over Russia’s bid to join the World Trade Organization, The International Crisis Group said.

• August 9, 2011

Atomic Energy Commission, had just returned from a visit to India and Pakistan and described two fledgling nations on the verge of another war over Kashmir.

• August 8, 2011

Turkmenistan has announced that presidential elections will be held on February 12.

• August 6, 2011