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LUKOIL sees protracted talks on Kazakh gas field
A solution to a shareholder dispute over the development of Kazakhstan's most prospective gas field could take anything from six months to 10 years, the head of Russian shareholder LUKOIL (LKOH.MM) said on Tuesday.
China hit by worst power crisis in years, Q2 output to fall
China is grappling with its worst power shortage in years, particularly in the eastern and southern regions – the country’s main industrial bases, auguring reduced economic output for the second quarter, industry sources on Monday.
Pakistan proposes uninterrupted power at higher tariff
Pakistanis can now have uninterrupted electricity supply — but for a price.
Bhel deal to deepen India's commercial ties with Iraq
Bharat Heavy Electricals Ltd (Bhel) signed a provisional Rs.1,500 crore deal with the government of Iraq earlier this month, the latest of several efforts by state-owned companies to engage with oil and gas-rich countries in West Asia that have well over half of the world’s proven reserves of crude oil and a little over a third of global gas reserves.
Russia sends second consignment of fuel for Iran's nuclear power plant
The second consignment of fuel for Iran's nuclear power plant was delivered from Russia to the southern Iranian city of Bushehr, the local satellite Press TV reported on Wednesday.
Russia tests Iran nuclear power reactor
Russia has successfully completed a vital pre-launch test at the Bushehr nuclear power plant in Iran, the country's nuclear export agency said on Tuesday.
Asia stocks post muted gains amid Greece debt woes
Oil prices fell below $101 a barrel after a big jump the day before as traders anticipated a further rise in weekly U.S. crude inventories in a sign of weakening demand. The dollar strengthened against the euro but was steady against the yen.
Turkmenistan: TAPI Continues To Face Challenges
Turkmenistan-Afghanistan-Pakistan-India proposed gas pipeline scheduled for completion in 2016. So far, no big progress has been made on a diplomatic front to provide for the project's start.
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