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News
Kazakh leader's China visit to yield energy deals
A visit to China by Kazakhstan's long-standing leader is further reinforcing the growing Chinese role in the resource-rich Central Asian nation, with deals to be signed Tuesday on uranium supplies and financing for oil projects.
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An EU bid to reduce dependence on external energy
European leaders have launched a trillion-euro bid to cut dependence on Middle East oil and Russian gas, clearing the way to place nuclear power at the center of 21st-century needs.
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Iran to increase electricity export to Iraq
Iranian Deputy Energy Minister Mohammad Behzad said Iran will increase electricity export to Iraq with the construction of a new power transmission line
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EU decides to provide Armenia with 65 mln euros loan and up to 35 mln euros grant
The European Union agreed to provide Armenia with a loan of 65 million euros and a grant of up to 35 million euros to help the country out of the global economic crisis
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Iran seeks to beat sanctions with pipelines
Despite tightening international economic sanctions, Iran is driving to boost its energy industry, including a natural gas pipeline to Iraq and Syria that may even run to southern Europe and another to run through Turkey to Europe.
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US hails Uzbek cooperation on NATO supply routes
A top US official visiting Tashkent on Friday praised Uzbekistan for opening up supply routes and building infrastructure for NATO operations in Afghanistan.
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Korean firms eye UAE market
Korean companies are flocking to the UAE as they see business opportunities following the $20billion UAE nuclear power projects deal and other energy and heavy industry projects recently obtained by big Korean companies.
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Jordan, Turkey ink nuclear deal
Jordan and Turkey have agreed to share their nuclear expertise and explore the use of nuclear energy for peaceful purposes.The nuclear cooperation agreement signed Thursday entails exchanging of expertise and cooperation in operation, renewal and maintenance of nuclear reactors, Xinhua reported.
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