Turkmenistan hailed on Wednesday the completion of a $2.5 billion gas pipeline connecting its abundant eastern gas fields to the Caspian Sea while potentially expanding Europe's energy security options.
Turkish President Recep Tayyip Erdogan warned Russia that Ankara has alternatives to Moscow for building its first nuclear power plant and importing gas, as tensions rise over the Russian bombing campaign in Syria.
Ukrainian Prime Minister Arseniy Yatsenyuk criticised as "anti-Ukrainian and anti-European" a deal between Russia's energy giant Gazprom and several Western firms to build a second gas pipeline under the Baltic Sea.
KazMunayGas JCS (KMG) is selling 50% of the company’s share in Kashagan to the National Welfare Fund Samruk-Kazyna of Kazakhstan for almost $4.7 billion.
Ukraine announced the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.
Hundreds of Ukrainian firefighters battled to keep a blaze sparked by a deadly string of fuel depot blasts from engulfing a strategic military unit outside Kiev.
A 5-month pregnant employee of Aktobe-based oil company Lines Jump LLP threatens to jump out of a window because she has not been paid any salary for months.