In its first transaction in Baltics, the EBRD-EIB Multilateral Carbon Credit Fund (MCCF) has agreed to buy carbon credits from a group of wind farms managed by OÜ Nelja Energia, a renewable energy company, owned by Freenergy AS, a leading Estonian investor in renewable energy in Eastern Europe, the EBRD announced on Wednesday.

• September 2, 2010

The US has been pointing a finger at China, directly or indirectly, over the past several months, especially over issues involving China's relations with its neighbors. The devastating floods in Pakistan have given it another opportunity to prod China.

• September 2, 2010

Turkmenistan, which failed to submit third-party certification of Dauletabad gas field reserves, has now offered a new supply source, Osman/ Yolatan gas field, which has raised serious concerns in Pakistan

• September 2, 2010

The Romanian affiliate of the French electricity generation and distribution company Gas de France Suez (GDF Suez) has submitted an application for a license in Bulgaria.

• September 1, 2010

In an effort to bring down power prices and increase carbon-free energy production, Estonia may get a underwater pump hydroelectricity plant along its northern coast.

• September 1, 2010

Clarity is needed in all Iranian nuclear program issues, Russian Foreign Minister Sergei Lavrov said on Wednesday.

• September 1, 2010

Clarity is needed in all Iranian nuclear program issues, Russian Foreign Minister Sergei Lavrov said on Wednesday.

• August 31, 2010

Armenian leaders are ecstatic that Russia is getting involved in the construction of a new nuclear power plant at Metsamor. Environmentalists and technical experts are far less enthused, saying that a new Metsamor unit poses considerable risks.

• August 31, 2010