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

Europe needs reliable energy supplies for the future and Russia can fill the bill -- but the European Union would nevertheless be wise to seek alternatives. That was the general consensus of top international experts assembled at the Global Energy Leaders Summit organized this week in London by the "Financial Times" newspaper.

The Estonian Maritime Academy has developed a project to construct an underwater nuclear reactor off the Baltic Sea coast, a local newspaper said Wednesday.

A jump in energy costs pushed up US producer prices more than expected 0.9 percent in May.

Scientists are resolving a new innovation - wireless electricity. The concept is called WiTricity MIT researchers have already lit a 60-watt light bulb that was seven feet away from power source.

At their meeting in Luxemburg on June 6 chaired by German Economics Minister Michael Glos, the Energy Ministers discussed the implementation of the European Council's Energy Action Plan of March 9, 2007 in connection with the internal market for electricity and gas.

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.

Kenya's president Kibaki and Libyan leader Muammar Gaddafi are set to discuss sustained flow of oil into Kenya.

Discarded crab and lobster shells may be the key to prolonging the life of microbial fuel cells that power sensors beneath the sea, according to a team of Penn State researchers.

Leading CEOs from the largest corporations in the energy sector called on June 4th for the establishment of a global carbon market as a way to spur innovation, clean energy development, and the additional investments needed to steadily move to a global lower carbon economy.

As India appears to move closer to the United States, questions are being raised about the status of India's relationship with its long-time ally, Russia. VOA's Steve Herman reports from New Delhi on the current situation and where things may be headed.

More energy and investment agreements were expected to be signed during Vladimir Putin's visit to Luxembourg on Thursday, underscoring Moscow's growing economic clout.