A new round of talks between Iran and the P5+1 group of countries (United States, France, United Kingdom, Russia, China and Germany) engaged in diplomatic efforts with the Islamic Republic is scheduled to be held in Istanbul this weekend. As the meeting comes against the... MORE

Fourteen companies, including Gazprom and three other Russian firms, are bidding to acquire DEPA and its fully-owned subsidiary DESFA, the Greek state-controlled gas transportation systems. Additionally, Gazprom is targeting Greece’s dominant oil company, Hellenic Petroleum, part-owner of DEPA, for possible acquisition. Apart from commercial considerations,... MORE

The latest opinion poll from the Independent Institute of Socio-Economic and Political Research (IISEPS) offers encouraging news for the Alyaksandr Lukashenka regime in Belarus, and the agency states that the “economic well-being” of Belarusians is becoming more stable. Accordingly, the personal rating of the President,... MORE

The Republic of Azerbaijan is inarguably one of the fastest developing countries in the post-Soviet space. Large revenues from exports of oil and gas have obscured all of the problems of this Caucasian republic. As in all other republics of the Caucasus, there are also... MORE

Azerbaijan’s State Oil Company (SOCAR) is poised to become the largest direct foreign investor in Turkey. According to company president, Rovnag Abdullayev, and foreign investment department chief Vahit Aliyev, SOCAR plans to invest $17 billion in Turkey in 2012-2017, concentrated on two flagship projects: construction... MORE

President-elect Vladimir Putin is still legally Prime Minister until his inauguration on May 7. As Prime Minister, Putin is required to present to the Duma (the lower house of parliament) an annual “report of government activities.” Putin has limited his appearances in parliament to the... MORE

The first week of April saw the revival of heated debates about the fate of the Radiolocation Station (RLS) located in the Azerbaijani city of Gabala (100 miles to the west of Baku). Azerbaijan leased the Gabala RLS to Russia for a 10-year period starting... MORE

Potential large shale gas deposits in Europe have raised hopes that the old continent may in the future rely less on oil and natural gas imports from Russia. However, fears of potential environmental effects of hydraulic fracturing and the lack of a clear policy by... MORE

No one could have predicted a scandal would erupt when, on April 3, the Russian National Anti-Terrorist Committee (NAK) reported that security forces had killed five rebels in Ingushetia’s main city, Nazran. The authorities acknowledged there was a woman among the slain rebels. According to... MORE

Ukrainian prosecutors announced last week that former Prime Minister Yulia Tymoshenko (2005; 2007-2010) and former Prime Minister Pavlo Lazarenko (1996-1997) were suspected of commissioning several murders in the 1990s. This looks like a last-ditch attempt to influence public opinion – both at home, ahead of... MORE