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Shell Shuts Caspian Office, $50 Billion Kashagan Project on Ice
Royal Dutch Shell will shut its Caspian office for the giant Kashagan oil field at the end of this month, effectively putting the crucial £30bn ($50bn) project on ice for at least two years.
Iran's nuclear power plant to join national grid "soon"
Head of Atomic Energy Organization of Iran (AEOI) Fereidoon Abbasi said the Bushehr nuclear power plant would join the national grid soon, semi-official ISNA news agency reported
Iraq seeks Iranian gas for power generation
Iraq has signed a tentative deal with Iran to import natural gas to ease its electricity woes, an official said Monday, in a step that deepens economic ties with Tehran as U.S. troops prepare to leave at the end of the year.
Central Asian Energy Meeting Opens in Baku
The Central Asia Regional Economic Cooperation (CAREC) Energy Sector Coordinating Committee (ESCC) is discussing cooperation in Baku.
Ukraine launches Azerbaijani oil pumping
Ukrtransnafta has launched pumping Azeri Light oil through the Odessa-Brody pipeline in the designed averse direction for the refineries in the West Ukraine, UNIAN reported with reference to the Ukrainian Fuel and Energy Ministry.
Missile defence in Europe no threat to Russia, US says
The United States insisted Wednesday that plans to stage missile defences in Europe does not pose a threat to Russia, after Russian President Dmitry Medvedev threatened to quit a key nuclear arms reduction agreement.
Kazakhstan set to freeze major gas project
Kazakhstan will freeze further development of its most promising gas field, Karachaganak, if it fails to resolve its dispute with foreign shareholders in the project, the Kazakh oil and gas minister said on Wednesday.
Nabucco Postponed, Turkmenistan Focuses on Trans-Caspian
Once again as it has before in its troubled history, the Nabucco pipeline consortium has announced a postponement of construction until 2013, citing a lack of supply contracts, Robert M. Cutler of the Asia Times reports. Gas would not start pumping until 2017
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