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Nabucco, TAP near finish, but lots of room in EU
A BP-led consortium working offshore Azerbaijan is expected to pick between the Nabucco West and Trans-Adriatic natural gas pipelines next month, though there may be enough room for more than one pipeline in the long term. ... more
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Vietnam slams 'groundless' maritime claims
Vietnam on Friday slammed "groundless" territorial claims in Asian waters and called for self-restraint among nations involved in disputes. ... more
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US targets Iran petrochemical industry
The United States on Friday imposed sanctions on Iran's petrochemical industry, vowing to target more of the Islamic regime's sources of revenue after curbing its vital oil exports. ... more
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Canada's westernmost province rejects pipeline to Pacific
Canada's westernmost British Columbia province on Friday rejected a proposed pipeline to move crude from the oil sands of Alberta province to the Pacific coast, citing environmental concerns. ... more
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