The European Commission is set to consider a series of barriers to Russian energy companies wishing to enter the European market, the Financial Times reported Thursday.

Pakistan wants Russian energy giant Gazprom to play an important role in a project to build a natural gas pipeline linking India, Pakistan and Iran, Islamabad's ambassador to Moscow said Thursday.

Iran, Pakistan and India have agreed on a formula for the price of natural gas to be pumped through a pipeline that will link the three countries, India's Asian Age daily said.

Addressing a Balkan energy summit in Zagreb, Croatia on June 24, Russian President Vladimir Putin was as poker-faced as ever as he trumpeted a landmark deal that could secure Moscow's continued dominance of Europe's energy market.

Russian President Vladimir Putin said Monday the energy markets of Black Sea littoral states should be stabilized by long-term contracts.

Russian President Vladimir Putin today called for increased energy cooperation between Russia and southeastern Europe as he outlined a number of new projects in the region.

Straddling a promising energy corridor running from east to west, Turkey is keen to turn its geographical position into political capital. To the west, Ankara wants to exploit its position to gain leverage with the world's second-biggest energy consumer, the European Union, whose membership Turkey seeks. Looking east and south, Turkey strives to expand its influence in countries that supply the oil and gas Europe needs, especially Central Asia.

Romania's suspended President Traian Basescu will be reinstated after he won a referendum on impeachment. Romanians rejected by 74.4 to 24.8 percent on Saturday parliament's proposal to remove Basescu from office.