International Oil and Gas Signs MOI with Uzbekistan
OTCOB-listed oil and gas exploration and development firm International Oil and Gas Company has signed a memorandum of understanding with Uzbek state oil and gas company, Uzbekneftegaz National Holding Company.
Bulgarian premier details revival of Syria, Turkey energy, transport ties
Bulgarian Prime Minister Boyko Borisov has stated that he will extend official invitations to hold ministerial-level meetings between Syria, Turkey, and Bulgaria in the coming days. He said that this is in order to discuss cooperation between the three states in the fields of energy, natural gas, and transportation.
India needs 'quantum step' in investment
India's central bank governor has warned that the country needs a "quantum step" in investment to achieve the ambitious double-digit economic growth rate forecast by Manmohan Singh, the Indian prime minister.
Russia ready to assist Armenia in economic development
Russia is ready for more cooperation with Armenia, including economic aid, Russia's Prime Minister Vladimir Putin said here on Wednesday during his meeting with visiting Armenian President Serge Sargisyan.
Ukraine leadership under fire ahead of summit with EU
The foreign ministers of Poland and Sweden accused Ukraine on Wednesday of dragging its heels on urgently needed reforms.
Turkmen gas ambition
The large fountain statue of 10 horses rises in the Turkmenistan’s capital Ashgabad yesterday. The Central Asian nation, which sits atop the world’s fourth-biggest natural gas reserves, is looking to diversify energy supplies and is pushing to revive plans to build a pipeline to deliver gas from Turkmenistan through Afghanistan to Pakistan and India.
South Korea bids for Lithuania nuclear project
South Korea's state energy firm said Wednesday it was seeking to build a nuclear reactor in Lithuania, in the country's latest move to export its atomic expertise.
Medvedev coming next month, India, Russia to finalise pacts
As India prepares to host Russian President Dmitry Medvedev next month, the two countries will hold their 16th meeting of joint economic commission on Thursday with an aim to finalise agreements.
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