In a sign of mounting Russian pressure on Ukraine to share its pipeline network, Gazprom's chief executive has warned that procrastination in talks would result in a bad deal for Kyiv as construction of a competing pipeline would lead to a price slump.

• January 3, 2012

French Foreign Minister Alain Juppé (pictured) has urged European countries to agree to an oil embargo on Iran by the end of January, saying he has “no doubt” Tehran is pursuing the development of nuclear arms.

• January 3, 2012

With Libyan oil production returning to pre-war levels, Russian energy companies might be well positioned to work with the new government, an analyst said.

• December 29, 2011

Russia's gas export monopoly Gazprom will not abandon its plans to implement the South Stream gas pipeline project, even if it reaches agreement with Ukraine on operating its gas transportation system, Gazprom export head Alexander Medvedev said on Wednesday.

• December 28, 2011

Tens of thousands of people rally in Moscow and other Russian cities, sending a defiant message to the Kremlin after allegedly rigged elections.

• December 24, 2011

Nabucco project is optimistic about the speedy decision by the consortium developing the Azerbaijani Shah Deniz gas condensate field on the pipeline selection, Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek said in his interview.

• December 23, 2011

The head of the liberal Yabloko party is skeptical about prospects for implementing the political reforms proposed by Russian President Dmitry Medvedev on Thursday, saying that the outgoing president would not have enough time to follow through on them.

• December 22, 2011

Ukraine wants to pay its sole gas supplier Russia no more than $250 per thousand cubic metres, Ukrainian President Viktor Yanukovich said on Wednesday.

• December 21, 2011