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.
Pakistan's future hangs in the balance
The ruling camp will go down simply because it has failed to instil confidence among the common people
Moscow rally calls on Putin to go
Tens of thousands of people rally in Moscow and other Russian cities, sending a defiant message to the Kremlin after allegedly rigged elections.
What do Turkey and Saudi Arabia hope to accomplish?
Fast moving events in the Middle Eastern landscape in recent years have gravitated Saudi Arabia and Turkey, two regional heavyweights in this region, towards each other
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.
North Korea's new era can't be any worse
In situations as dire as that of North Korea, any change is a harbinger of hope. As much is true of the death of the reclusive nation's leader, Kim Jong Il, and the ascension of his youngest son, 20-something Kim Jong Un. Even though this has triggered immediate fears of instability throughout northeast Asia, the longer-term outlook is surely one of enhanced optimism, for the Korean people and the rest of the world.
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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