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Warplanes Strike Misurata as Libya Conflict Escalates

Warplanes Strike Misurata as Libya Conflict Escalates

Warplanes attacked Libya's third-largest city of Misurata on Sunday, the first time the industrial port of 300,000 has been struck in an expanding seven-month civil conflict that has already set on fire the country's largest oil terminal.

Saudi Arabia Sees End of $100 Oil

Saudi Arabia Sees End of $100 Oil

OPEC kingpin Saudi Arabia said the Organization of Petroleum Exporting Countries wouldn’t budge on its decision not cut production, even if oil hits $20 a barrel. It also said the world may never see $100 a barrel ever again

Supporting Greece to Exit the Crisis

Supporting Greece to Exit the Crisis

18 new EU investment Programmes for Greece and each of its regions have been given the green light on 22 December by the European Commission

Greek Lawmakers Fail to Elect President in Round 2

Greek Lawmakers Fail to Elect President in Round 2

Greek lawmakers have failed to elect the country's new president in a second round of voting, leaving the government with a final attempt next week to break an impasse that could force early elections

South Stream Dead -  Putin Pushes Turkish Stream

South Stream Dead - Putin Pushes Turkish Stream

Russian gas monopoly Gazprom said a gas pipeline dubbed Turkish Stream will be built instead of the long-planned South Stream natural gas pipeline for Europe

The South Stream Debacle: Russia Does Not Expect Financial Claims

The South Stream Debacle: Russia Does Not Expect Financial Claims

Russiais discussing legal issues with some of its partners over the scrapped South Stream gas pipeline project but financial claims are not expected, Russian Energy Minister Alexander Novak told Kommersant newspaper on Monday

Serbias MK-Fintel Signs Supply Construction Deals for 9.9 MW WPP

Serbia's MK-Fintel Signs Supply Construction Deals for 9.9 MW WPP

Italy's Fintel Energia Group said on Thursday its Serbian unit MK-Fintel has signed with Greek company EPC Contractor Prenecon S.A. and Vestas Systems two contracts for the supply and construction of the 9.9 megawatt (MW) Kula wind park in Serbia