The Reserve Bank of India (RBI) has agreed to earmark some dollar funds from foreign exchange reserves, reversing its earlier stance, to partly fund the government's strategic wealth fund that will buy energy assets overseas, two sources with direct knowledge of the matter said on Friday.

• August 27, 2011

China has "vastly increased" the risk of a nuclear accident by opting for cheap technology that will be 100 years old by the time dozens of its reactors reach the end of their lifespans, according to diplomatic cables from the US embassy in Beijing.

• August 26, 2011

India expects investments of 300 billion rupees ($6.5 billion) in renewable energy projects in the current financial year, the minister for renewable energy said Friday. India plans to add 3,400 megawatt.

• August 26, 2011

The country is planning to expand its gas production at the Black Sea shelf as well as to develop shale gas production with the help of foreign partners.

• August 26, 2011

China is increasingly focused on naval power and has invested in hi-tech weaponry that will extend its reach in the Pacific and beyond, the Pentagon said.

• August 25, 2011

India plans to import light water reactors from Russia, the US and France to boost its nuclear energy genating capacity to 50,000-60,000 MW by 2030, former Atomic Energy Commission (AEC) chairman M.R. Srinivasan has said.

• August 25, 2011

A unique wind energy park that is being built in old ash fields of the Baltic Power Station in North East Estonia should start operating in November 2011, LETA/National Broadcasting reports.

• August 24, 2011

n a meeting with President Dmitry Medvedev, North Korean leader Kim il-Jong said he is ready to resume the six-party talks on the settlement of the nuclear problem on the Korean Peninsula without preconditions.

• August 24, 2011