On May 16 in Sharjah (United Arab Emirates), the Hungarian oil and gas company MOL signed an agreement to acquire a 10 percent stake in Pearl Petroleum, the holder of exploration and production rights in two gas fields in the Kurdistan Region of Iraq. The... MORE

On May 12 Russian President Dmitry Medvedev approved the latest version of the "National Security Strategy of the Russian Federation up to 2020" (www.scrf.gov.ru, May 12). The text of the 7,300 word document was posted on the website of the Russian Security Council and is... MORE

According to a senior EU official a new deal has been struck between Turkey and the EU paving the way to sign the intergovernmental agreement for the Nabucco project in Ankara on June 25. The breakthrough was reportedly made possible by Turkey dropping its uncompromising... MORE

A methane blast at the Tunlan coal mine in Shanxi on February 22 killed 78 miners and the last body was not recovered until five days later (Nanfang Daily, February 27). China’s numerous collieries, most of them being township and village enterprises (TVEs), have long... MORE

Barely nine days after the Hungarian gas trader Emfesz KFT announced that it will begin receiving supplies of 3 billion cubic meters annually from the Zug (Switzerland) based company RosGas AG, rather than the now inactive RosUkrEnergo (RUE) the Russian press reported that Emfesz has... MORE

On April 21, Beijing and Moscow finalized an intergovernmental deal under which Russia will supply China with oil for 20 years in exchange for a $25 billion loan to Russia's state-run energy companies. Deputy Prime Minister Igor Sechin said the construction of a branch from... MORE

Ukrainian Prime Minister Yulia Tymoshenko, commencing talks with her Russian counterpart Vladimir Putin in Moscow on April 29, said that a "certain confrontation" in the gas trade between the two countries will soon become history. She had planned to meet Putin on April 8, but... MORE

Following the meeting of the leaders from the five Central Asian states in Almaty on April 28, discussions continue over the future direction of transnational water management. While the Kyrgyz and Tajik regimes are keen to build large water dams to increase electricity production, their... MORE

Gazprom may be preparing to take over a large part of the Hungarian domestic gas distribution network. A new, highly opaque deal is in the works as a result of which Hungary's energy security could be threatened. On April 28 Emfesz KFT, a major Hungarian... MORE

At the oil and gas conference just held in Baku, Industry and Energy Minister Natig Aliyev, confirmed that Azerbaijan strives for access to European markets as the main export destination for Azerbaijani gas and, potentially, for Turkmen gas via Azerbaijan to Europe (Turan, April 27).The... MORE