International Oil and Gas Signs MOI with Uzbekistan
OTCOB-listed oil and gas exploration and development firm International Oil and Gas Company has signed a memorandum of understanding with Uzbek state oil and gas company, Uzbekneftegaz National Holding Company.
Turkmen gas ambition
The large fountain statue of 10 horses rises in the Turkmenistan’s capital Ashgabad yesterday. The Central Asian nation, which sits atop the world’s fourth-biggest natural gas reserves, is looking to diversify energy supplies and is pushing to revive plans to build a pipeline to deliver gas from Turkmenistan through Afghanistan to Pakistan and India.
South Korea bids for Lithuania nuclear project
South Korea's state energy firm said Wednesday it was seeking to build a nuclear reactor in Lithuania, in the country's latest move to export its atomic expertise.
Britain's HSBC to consult on new Bulgarian nuclear plant
Britain's HSBC bank was chosen Tuesday to advise Bulgaria on restructuring and financing its Belene nuclear power plant project in the north of the country, Economy and Energy Minister Traicho Traikov said.
World Bank Supports a Safe and Reliable Electricity Supply in Kazakhstan
The World Bank Board of Directors today approved a US$78 million loan for the Kazakhstan Alma Electricity Transmission Project to the Republic of Kazakhstan to improve the reliability and quality of electricity supply to consumers in the Almaty region
Bulgaria, Russia at loggerheads over nuclear plant cost
Bulgaria and Russia clashed Monday over the final cost of a planned nuclear power plant in northern Bulgaria, the energy ministry said after talks over the weekend.
Russia To Become World-Class Nuclear Dump
Russia is set to become the world's biggest nuclear dump as a lucrative agreement with the US edges closer.
Gazprom of Russia to Drill for Oil in Cuban Waters
The Russian energy giant Gazprom has joined a growing list of companies that plan to drill for oil in the waters off Cuba, close to the United States but out of reach of its safety regulators.
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