China and Russia agreed on Friday to strengthen energy cooperation, a decision preceding a visit of President Vladimir Putin aiming at strengthening bilateral relations.

• June 1, 2012

After considerable speculation as to who was divorcing who in the on-going TNK-BP saga, BP appears first to be stilted. The British oil major has received ‘unsolicited indications’ for its 50% holding in TNK-BP. The Anglo-Russian entity was valued at $60bn last year, with formative price tags predictably coming in at $30bn to ease BP’s divorce from its acrimonious AAR wife.

• June 1, 2012

Azerbaijan selects sources of oil to process in oil-gas and oil-chemistry processing complex. Production capacity of the plant will be 10 mln tons.

• May 31, 2012

Iran has played down a United Nations report that said Iranian nuclear scientists had enriched uranium to a higher-than-expected level, state media reported on Saturday.

• May 26, 2012

Azerbaijani company is interested in the development of Kyrgyz oil and nonferrous metal fields, 24.kg reported.

• May 25, 2012

Iran and world powers will meet in Moscow next month for more talks to try solve a longstanding dispute about Iran's nuclear energy programme, Catherine Ashton, the European Union foreign-policy chief, has said.

• May 25, 2012

China’s Commerce Ministry issued a ruling Thursday that U.S. government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power.

• May 24, 2012

The deal means construction can start on one of the longest and most ambitious pipelines ever planned, stretching more than 1,000 miles from Turkmenistan in former Soviet Central Asia across Afghanistan to Pakistan and India.

• May 24, 2012