President Nikos Anastasiades has announced an agreement between political parties in Cyprus to establish an "investment solidarity fund" as part of a new bailout plan.

• March 21, 2013

Ukraine intends to obtain observer status in the Customs Union of Russia, Belarus, and Kazakhstan, the country's premier has announced.

• March 19, 2013

In all the noise of tomorrow’s Budget, many may not spot a small tweak to the fiscal regime for UK oil and gas. Those of us with a close interest in unconventional oil and gas, however, will be watching closely. Last year the Chancellor announced a consultation on a specific tax regime for onshore shale gas development, the results of which are expected on Wednesday.

• March 19, 2013

Kazakhstan could divert its natural gas supplies from the largest deposit in Karachaganak to China if it fails to sign a contract with Russia.

• March 18, 2013

Putin warns proposed levy on bank deposits in Cyprus, a favoured offshore haven for Russian big business, would be dangerous

• March 18, 2013

Turkmenistan aims to start production by July at the Galkynysh natural gas field, the world's second largest, said its minister of oil and gas as the country seeks to boost exports of the fuel and diversify its markets.

• March 16, 2013

Cyprus’ debt crisis puts Russian banks and companies at risk of losing billions of dollars. Russian businesses may reportedly lose over $50 billion should the island's government default on its debt obligations according to Moody's credit rating agency.

• March 15, 2013

An International Monetary Fund mission will visit Ukraine at the end of this month to resume talks with the Kyiv government on a new $15 billion loan programme, the Fund said on Thursday.

• March 14, 2013