A solution to a shareholder dispute over the development of Kazakhstan's most prospective gas field could take anything from six months to 10 years, the head of Russian shareholder LUKOIL (LKOH.MM) said on Tuesday.

• May 17, 2011

Following the welcoming ceremony, face-to-face meeting took place between Ilham Aliyev, President of the Republic of Azerbaijan and Vaclav Klaus, President of the Czech Republic, Azerbaijani President’s official website reported.

• May 17, 2011

In the wake of the French government's decision to ban hydro-fracking, Poland has warned the European Commission (EC) against imposing restrictions on unconventional gas extraction technologies, but given the lack of control the EC has over such issues, the warnings are somewhat redundant.

• May 17, 2011

Eurozone financial ministers are to continue their talks in Brussels, with discussions now expected to focus on the dire state of the Greek economy.

• May 17, 2011

Japanese officials are readying a new approach to stabilizing a reactor at a nuclear plant crippled by an earthquake and tsunami after discovering a leak from the containment vessel of enough radioactive water to fill an Olympic swimming pool.

• May 16, 2011

Pakistanis can now have uninterrupted electricity supply — but for a price.

• May 16, 2011

China is grappling with its worst power shortage in years, particularly in the eastern and southern regions – the country’s main industrial bases, auguring reduced economic output for the second quarter, industry sources on Monday.

• May 16, 2011

Morocco’s stable security image shattered in April
Morocco witnessed a severe blow to its external image as one of the more stable and least dangerous North African Maghreb countries at the end of last month, when an apparent suicide bombing in the city of Marrakesh led to the deaths of 17 persons, including a number of foreign nationals. The fatal blast, which took place in a café in Marrakesh’s iconic Djemaa el-Fna square (a Unesco World Heritage site popular with European tourists) on April 28, was the first major, apparent act of terrorism in the country since the 2003 bombings in Casablanca which killed up to 45 people. READ MORE

• May 16, 2011