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Gazprom to press on with South Stream regardless of Ukraine option
Russia's gas export monopoly Gazprom will not abandon its plans to implement the South Stream gas pipeline project, even if it reaches agreement with Ukraine on operating its gas transportation system, Gazprom export head Alexander Medvedev said on Wednesday.
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Iran's Caspian oil swap to hit 500,000 barrels
Iran would swap 500,000 barrels of crude oil per day with Caspian Sea littoral states.
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Afghanistan signs first major oil deal with China
Afghanistan on Wednesday signed an oil deal with China which could earn the war-torn country $7 billion over 25 years.
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India and Japan to hold nuclear talks
India and Japan on Wednesday will discuss the prospects of reviving civil nuclear cooperation negotiations and may sign a currency swap pact that could help stem the rupee’s slide.
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US, India advance bilateral relationship despite frictions
Despite differences over the nuclear liability issue, Washington's disappointment on the fighter jets deal, FDI and New Delhi's refusal to toe West's line on Syria and Libya at the UN Security Council, India and the US tried hard to look beyond frictions to expand their ties to new areas this year.
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China begins scramble for Afghanistan's oil reserves
China began the scramble for Afghanistan's untapped oil reserves yesterday by announcing an exploration contract with Kabul – the first such international agreement in decades.
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Bulgaria to Start Building Gas Links to Greece, Romania in
Bulgaria is about to start construction a natural gas interconnection with Romania in a few weeks, according to Bulgarian Economy, Energy, and Tourism Minister Traicho Traikov.
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Japan reaches out to China
Japanese Prime Minister Yoshihiko Noda wrapped up a trip to Beijing on Monday where he sought China's cooperation in promoting stability in North Korea after the death of its longtime leader Kim Jong Il.
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