There is a glut for natural gas in the US market as a result of many shale gas discoveries and their rapid development. Consequently, major volumes of LNG originally developed for the US market are being diverted to Europe and other parts of the world

• May 18, 2010

The foreign ministers of Iran, Turkey and Brazil agreed on a formula for a swap of low-enriched uranium for nuclear fuel that could ease diplomatic tensions over Irans nuclear program, the Anatolia news agency reported.

• May 18, 2010

Ukraine's decision to extend the lease for the Russian fleet in the Crimea has been extremely controversial. However, in the port city of Sevastopol, locals are enthusiastic - the Russian naval base is the primary source of income for most of the region.

• May 18, 2010

Hopes are high that the deal brokered by Brazil and Turkey to turn Iran's controversial enriched uranium supplies into fuel rods outside the Islamic Republic will be a major step towards solving the on-going stand-off.

• May 18, 2010

Since the North Atlantic Treaty Organization took control of the International Security Assistance Force (ISAF) in Afghanistan in 2003 the amount of troops serving under that command has grown from 5,000 to over 100,000.

• May 17, 2010

Ahead of his visit to Kiev on Monday, May 17, Russian President Dmitry Medvedev gave an interview to the Ukrainian mass media. RT presents a full translation of the event.

• May 17, 2010

The European Parliament announced that it will put to the vote on Thursday the proposal for financial assistance with respect to the decommissioning of Units 1 to 4 of the Kozloduy nuclear power plant in Bulgaria.

• May 17, 2010

Energy Roundtable Summary Document

The EU-Russia energy roundtable discussion held at the Institute of World Economy and International Relations (IMEMO) on February 26, 2010, brought together a significant number of well known experts and policy makers engaged in the EU-Russia energy relationship in order to assess some of the challenges which presently exist in this sphere. Some of these challenges are summarised below. The objectives of the seminar organisers were to create an environment in which experts and policy makers could openly and candidly discuss the challenges standing before the EU-Russia energy relationship. The roundtable was also attended by a large number of participants from academia, government, energy companies and the diplomatic community.

• May 17, 2010