Construction began on Sunday for the Serbian stretch of Russia's South Stream pipeline which will bring Russian gas directly to Europe, making it less vulnerable to price disputes.
Russian President Vladimir Putin was in South Korea Wednesday to push a pet project for a new major trading route linking Asia and Europe by rail that requires prying open North Korea.
Production from the Kashagan oilfield was not taken into consideration when the 2013 Kazakhstan state budget was made, so it will not affect the planned budget revenues.
The main reason why ConocoPhillips sold its share in the gigantic pie that everyone wants a bite from has nothing to do with the complexity of the field or the bulging expenses of the consortium to develop it.
In line with the schedule, the first $1.5 million is to be paid off in October, with another $5 million in November and the other $5.7 million in December.
We currently transport over 63 billion cubic meters of gas to China via two strings of this pipeline. Construction of the third string has started and it is scheduled to be launched in 2016: Sauat Mynbayev.
The United States Tuesday accused Russia of ignoring the facts surrounding a poison gas attack in Syria, highlighting tensions between the West and Moscow over how to eliminate the country's chemical weapons.