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.
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.
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.
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.
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.
US official says Iran should not issue threats
A senior U.S. official has dismissed Iran's threats against NATO missile defense installations in Turkey ahead of a visit by U.S. Vice President Joe Biden to the key U.S. ally and linchpin of NATO's southern flank.
Nabucco’s chances to transport Azerbaijani gas are very high
Nabucco project is optimistic about the speedy decision by the consortium developing the Azerbaijani Shah Deniz gas condensate field on the pipeline selection, Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek said in his interview.
Oil could hit a new record in 2012
Crude oil may rise for a fourth year to a record average price in 2012 as demand in emerging markets increases and the U.S. avoids a recession.
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