Italian energy company Eni will sell a 30 percent stake in its giant Egyptian offshore gas field Zohr to Russia's Rosneft for $1.575 billion, pressing ahead with asset sales to fund investments and offset weak oil prices.

• December 12, 2016

Britain will need a transitional trade agreement with the European Union, and the government should set out plans for it before beginning formal divorce talks with the bloc, members of parliament's upper house said on Tuesday.

• December 12, 2016

Issue # 43
12/12/2016
The document which blocked visa-free travel for Ukrainians has been sent to the European Parliament for approval.
READ MORE in INTERNATIONAL POLITICAL.

• December 12, 2016

The United States and Russia on Sunday tabled a proposal to rebels in Aleppo that would offer safe passage from the city for fighters, their families and other civilians, three opposition officials with Aleppo rebel groups told Reuters.

• December 11, 2016

Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore (GLEN.L) to sell a 19.5 percent stake in state-owned oil major Rosneft (ROSN.MM), Rosneft said.

• December 11, 2016

U.S. President-elect Donald Trump said the United States did not necessarily have to stick to its long-standing position that Taiwan is part of "one China," questioning nearly four decades of policy in a move likely to antagonize Beijing.

• December 11, 2016

Turkey's ruling AK Party on Saturday submitted to parliament a package of constitutional reform proposals that would expand the president's powers, party officials said, in a move that could potentially see President Tayyip Erdogan rule until 2029.

• December 10, 2016

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.

• December 10, 2016