Russia set to profit from Libya, Japan crises
Only a year ago, Russia's dominance as a global energy supplier was threatened by low gas prices and a reputation as an unreliable trade partner. But with the world now shaken by Japan's natural disasters and uprisings across the Middle East, the country is back at the heart of the market - and cashing in.
India for peaceful resolution of Iranian nuclear issue
Expressing support for Iran's right to peaceful use of nuclear energy 'consistent with their international obligations', India has called for intensification of efforts to address the Iranian nuclear issue through peaceful dialogue.
Japan nuclear crisis to shift energy demand
Impact on global markets likely to increase price of fossil fuels for years
Estonia sees rock as future of global energy
Estonia's shale hub is Narva, in the northeast near the Russian border. Two underground mines and two open-cast pits in the area feed a duo of power stations -- the world's biggest oil shale-fired electricity plants.
Customs union with Russia, Kazakhstan, free trade area with EU not mutually exclusive for Ukraine
Ukraine's joining a free trade area with the European Union will depend on greater flexibility and a readiness for a compromise with EU member states, Prime Minister Mykola Azarov has said.
Russia, U.S. warm up on missile defense
Setting aside decades of acrimony over President Ronald Reagan's vision of a "Star Wars" missile shield, the United States and Russia have been holding exploratory but serious talks about potential ways to cooperate on missile defense in Europe.
Ukraine to revise its energy strategy
Prime Minister Mykola Azarov has said that Ukraine will revise its energy strategy for the long- term prospects, local media reported
Lithuania to propose EU to impose restrictions on trading electricity produced in Belarus and Kaliningrad
Prime Minister Andrius Kubilius assured that Lithuania is prepared to appeal to the EU institutions with a proposal of imposing restrictions and certain rules on trading electricity from the third parties, which are planning to generate electric power under conditions that do not comply with the requirements of nuclear safety.
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