Impact on global markets likely to increase price of fossil fuels for years

• March 23, 2011

Only a year ago, Russia's dominance as a global energy supplier was threatened by low gas prices and a reputation as an unreliable trade partner. But with the world now shaken by Japan's natural disasters and uprisings across the Middle East, the country is back at the heart of the market - and cashing in.

• March 23, 2011

Prime Minister Andrius Kubilius assured that Lithuania is prepared to appeal to the EU institutions with a proposal of imposing restrictions and certain rules on trading electricity from the third parties, which are planning to generate electric power under conditions that do not comply with the requirements of nuclear safety.

• March 22, 2011

Prime Minister Mykola Azarov has said that Ukraine will revise its energy strategy for the long- term prospects, local media reported

• March 22, 2011

Japanese workers pushed ahead with efforts Monday to connect electrical power to the remaining disabled reactors at the heavily damaged Fukushima Daiichi power plant, as the World Bank offered an upbeat assessment on the impact of the nuclear crisis, saying the effects will be “short-lived.”

• March 21, 2011

Prime Minister Vladimir Putin says that Japanese companies can participate in production of natural gas in eastern Russia.

• March 21, 2011

Bulgaria has confirmed its interest in buying natural gas from Turkmenistan, as well as its commitment to facilitate gas exports, the Economy Ministry said in a statement

• March 21, 2011

Poland said it would push ahead with its plans for a nuclear future despite the calamity engulfing the Japanese atomic energy sector.

• March 19, 2011