Russia's Putin says he wants peaceful division of Arctic
Russia is staking its economic future on its controversial territorial claim to a huge slice of the fast-melting Arctic, which holds up to a quarter of the world's untapped energy resources, and is set to launch an unprecedented diplomatic campaign to
Arctic Grab Is Mad Fight for Last Oil Frontier: Matthew Lynn
have the phrase Cold War, wed have to invent it to describe the power struggle taking place for Arctic Ocean resources. Companies such as BP Plc and OAO Gazprom are readying themselves for the last great energy frontier. Russia, the U.S., Canada and
Sinopec replaces Mittal as Lukoil partner in Kazakh project
ASTANA. Sept 28 (Interfax) - Indian Mittal has sold Chinese Sinopec a 50% stake in Caspian Investments Resources, which is operating an oil production project in Kazakhstan, sources close to the project told Interfax. Lukoil Overseas (RTS: LKOH) owns the
Iran gas out of the picture in pipeline politics
A proposed southern corridor gas route will not use any Iranian natural gas in the near future due to a row over Tehran’s disputed nuclear program, a US official says.
Irish bank bailout bill may hit 50 bln euros
Ireland is preparing to pump extra cash into banks, raising the cost of repairing the financial system to as much as 50 billion euros.
EBRD to focus on Turkish energy sector, bank president says
The European Bank of Reconstruction and Development could be investing a billion euros annnually in Turkey by 2012, the bank's president said.
Russian Foreign Minister Sergei Lavrovs interview
Russian Foreign Minister Sergei Lavrov’s interview to the Russian news agency ITAR-TASS and South Korean daily JoongAng Ilbo QUESTION: Russia and the Republic of Korea are celebrating the 20th anniversary
Russian president fires Moscow mayor after weeks of feuding
Yuri Luzhkov's 18-year rule ends after Kremlin campaign said he cared more about his bee collection than the city's people
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