China "extremely concerned" about U.S.-Japan island talk
Japan and the United States have started talks on military plans in case of armed conflict over a group of East China Sea Islets claimed by Tokyo and Beijing, Japanese media said on Thursday, prompting China to complain of "outside pressure."
Pakistan states support for Turkmen gas
Pakistan views a planned natural gas pipeline from Turkmenistan as a key way to address its energy concerns, Pakistani President Asif Ali Zardari said.
China "extremely concerned" about U.S.-Japan island talk
Japan and the United States have started talks on operational plans in the case of armed conflict over a group of East China Sea islets claimed by Tokyo and Beijing, Japanese media said on Thursday, prompting China to complain of "outside pressure".
Cyprus Announces New Bailout Plan, Drops Proposed Tax
President Nikos Anastasiades has announced an agreement between political parties in Cyprus to establish an "investment solidarity fund" as part of a new bailout plan.
Why is Iran Willing to Suffer Economic and Political Isolation just for Nuclear?
In the past year, tensions surrounding Iran’s nuclear ambitions reached unprecedented levels, verging on war. With Israel assigning a “red line” for Iran’s proliferation efforts, the world nervously awaited for a likely Israeli air strike on suspected Iran’s nuclear sites—with all of its enormous political and economic consequences.
EU threatens cut-off, talks with Russia continue
CYPRUS’S finance minister pleaded with Russia for help on Wednesday to avert a financial meltdown after the island's parliament rejected the terms of a European bailout, raising the spectre of a looming default and bank crash.
Ukraine Looks to Turkmenistan to Solve Its Energy Security Challenges
On February 12, Ukrainian President Victor Yanukovych paid a three-day visit to gas-rich Turkmenistan to sign a memorandum of understanding on energy cooperation and reiterate Kyiv’s interest in resuming direct imports of the Central Asian country’s natural gas, which were suspended in 2006 (Interfax-Ukraine, February 14).
The quiet global energy revolution
In all the noise of tomorrow’s Budget, many may not spot a small tweak to the fiscal regime for UK oil and gas. Those of us with a close interest in unconventional oil and gas, however, will be watching closely. Last year the Chancellor announced a consultation on a specific tax regime for onshore shale gas development, the results of which are expected on Wednesday.
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