Royal Dutch Shell expects production to rise to 3.5 million barrels of oil equivalent a day in 2012.

• March 16, 2010

At the end of December 1999, as the world prepared to usher in a new Millennium, in Europe and other parts of the planet, there was widespread concern that the so called “Millennium Bug” would strike, causing unforeseen disruption and havoc. Ten years on, in December of last year, for many in Europe, the Millennium Bug was just a shade in the memory as a far more ominous concern was pressing home – the prospect of another gas crisis. Although the fact that the Russia-Ukraine gas dispute of January 2009 – and its knock-on effect of leaving much of Europe without natural gas in the peak of winter – did not repeat itself during the record cold European temperatures of January this year, the very fact that European attention has become so focused on this theme demonstrates how geopolitical developments in the European hinterlands have come to impact the day-to-day livelihood of all Europeans

• March 16, 2010

Chinese Premier Wen Jiabao rejects criticism that Beijing keeps the yuan undervalued in order to boost exports.

• March 14, 2010

By Polya Lesova, MarketWatch FRANKFURT (MarketWatch) -- Ukraine's credit spreads rallied on Friday, indicating a declining probability of default, after the formation of a new governing coalition brought much-needed political stability and prompted a

• March 12, 2010

Oil demand in China rose by an "astonishing" 28% in January compared with a year ago, the International Energy Agency says.

• March 12, 2010

Mohamed A. El-Erian, whose company runs the world’s biggest mutual fund, says deteriorating public finances may seriously hurt the global economy.

• March 11, 2010

India and Russia will on Friday tighten their ties by signing a slew of agreements, including an umbrella civil nuclear pact and another accord fixing the cost of the refurbished aircraft carrier Admiral Gorshkov at $2.35 billion

• March 11, 2010

The European Commission has just approved a genetically modified crop for cultivation in the EU, its first such decision in 12 years. Magda Stoczkiewicz says the decision flouts the public will, while Willy De Greef argues it is an important step forward.

• March 11, 2010