Putin in S. Korea to push new 'Silk Road' via N. KoreaRussian 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.
13 November 2013
Chevron ordered to pay Ecuador $9.51 bn on appeal: courtAn Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.
Rosneft to transit crude to China across KazakhstanLate October Russia’s Energy Minister Aleksandr Novak said that Rosneft was negotiating oil transits across Kazakhstan to China via the Kazakh-Chinese Atasu-Alashankow pipeline.
Oil-rich Kuwait warns welfare state unsustainableOil-rich Kuwait said Monday that the generous cradle-to-grave welfare system provided to its 1.2 million citizens was "unsustainable" and it was time for change.