Russia and India signed weapons deals worth billions of dollars today as president Vladimir Putin sought to further boost ties with an old ally

• December 24, 2012

U.S. President Barack Obama has signed into law legislation that grants permanent normal trade relations to Russia and Moldova while also paving the way for sanctions against Russian officials implicated in the death of lawyer Sergei Magnitsky.

• December 17, 2012

Iran plans to sign some new gas export contracts in the near future, the Iranian oil minister announced.

• December 15, 2012

Turkmenistan has all the prerequisites to increase the volume of gas production and exports in the coming years, Turkmen President Gurbanguly Berdimuhammadov said in his message on the occasion of the Day of Workers of Oil and Gas Industry and Geology, celebrated on Friday.

• December 14, 2012

Russian gas monopoly Gazprom has apparently ruled out building a subsea Sakhalin-Japan natural gas pipeline. That is not preventing continued talks on the ambitious project, which remains a bargaining tool in Russia's gas-price negotiations with China.

• December 14, 2012

According to the International Energy Agency (IEA), global demand for energy will increase more than 33 percent by 2035. And following Germany’s decision to abandon its nuclear industry by 2020, electricity costs will be 1.5 times higher in Europe than the U.S. by 2030.

• December 13, 2012

Azerbaijan in foreign policy should above all be based on its national interests.

• December 11, 2012

If geopolitics were a game of cards, Russia would be holding onto its stack for as long as possible.

• December 11, 2012