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.

• Date: 23.12.2011  |  Published on EGF: 23.12.2011  |  Energy  |  from today.az

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.

• Date: 22.12.2011  |  Published on EGF: 22.12.2011  |  Security  |  from nzherald.co.nz

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.

• Date: 22.12.2011  |  Published on EGF: 22.12.2011  |  Energy  |  from latimes.com

The head of the liberal Yabloko party is skeptical about prospects for implementing the political reforms proposed by Russian President Dmitry Medvedev on Thursday, saying that the outgoing president would not have enough time to follow through on them.

• Date: 22.12.2011  |  Published on EGF: 22.12.2011  |  Markets  |  from rian.ru

Ukraine wants to pay its sole gas supplier Russia no more than $250 per thousand cubic metres, Ukrainian President Viktor Yanukovich said on Wednesday.

• Date: 21.12.2011  |  Published on EGF: 21.12.2011  |  Energy  |  from uk.reuters.com

France and Turkey are heading toward a showdown this Thursday, as France moved to make denial of the Armenian genocide a crime punishable by a 45,000-euro fine and a year in jail – and an apoplexic Turkey threatened to retaliate if the sensitive matter was dealt with in this fashion.

• Date: 21.12.2011  |  Published on EGF: 21.12.2011  |  External Relations  |  from haaretz.com

Saudi crude exports to China have surged, strengthening the Asian country's hand in a price dispute with Iran.
Last month's exports of Saudi crude to China rose by 32 per cent over the same period last year to 4.81 million barrels per day (bpd), almost half of the kingdom's current production, Chinese customs data released yesterday showed.

• Date: 21.12.2011  |  Published on EGF: 21.12.2011  |  Energy  |  from thenational.ae

Kyrgyz President Almazbek Atambayev discussed the possibility of Kyrgyzgaz's privatization by Gazprom with the company's head Aleksey Miller in Moscow on Monday, RIA-Novosti reports.

• Date: 20.12.2011  |  Published on EGF: 20.12.2011  |  Energy  |  from en.trend.az