Russia to lend Egypt $25 billion to build nuclear power plant
Russia will loan Egypt $25 billion to finance building and operating a nuclear power plant in Egypt, the official gazette said on Thursday.
Putin says Crimea now free of reliance on Kiev for its power
Russian President Vladimir Putin oversaw the launch of a fourth and final line supplying electricity from Russia to Crimea on Wednesday, saying the project had broken an energy blockage he accused Kiev of imposing on the peninsula.
Say goodbye to OPEC, powerful Putin pal predicts
Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel.
Managing Saudi's new energy mega-ministry may bring challenges
Managing Saudi Arabia's new energy mega-ministry, set to oversee over half the economy and designed to cut through a tangled bureaucracy to make government more coherent and efficient, will be a formidable challenge.
North Korean leader hails nuclear success in opening congress
North Korean leader Kim Jong Un on Friday hailed the country's recent nuclear test and launch of a satellite into space, as he opened the first congress of the country's ruling Workers' Party in 36 years.
Oil up as fire curbs Canada output; higher dollar, stockpiles cap gains
Oil prices surged on Thursday after a raging wildfire near Canada's oil sands region curbed output that mainly flows to the United States, before settling off their highs as a rebounding dollar and a huge U.S. stockpile build cut into gains.
Saudi prince unveils sweeping plans to end 'addiction' to oil
The powerful young prince overseeing Saudi Arabia's economy unveiled ambitious plans on Monday aimed at ending the kingdom's "addiction" to oil and transforming it into a global investment power.
Yemeni forces seize main oil terminal from al Qaeda
Yemeni government forces and their Emirati allies took back control of the country's largest oil export terminal from al Qaeda on Monday, security officials said, a day after routing the militants from their nearby stronghold.
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