Five East European countries have agreed to build an oil pipeline linking the Black Sea and Baltic Sea. Officials of Azerbaijan, Georgia, Ukraine, Poland and Lithuania signed the agreement Wednesday in Lithuania's capital Vilnius.
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A bomb exploded Friday under an oil pipeline south of Baghdad, spilling crude oil and sparking a huge fire, Iraqi police said.
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Russian oil to be transported to southeastern Europe after Bulgaria's parliament ratified Wednesday a trilateral agreement for the construction and exploitation of a pipeline.
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Kazakhstan will soon start negotiations on joining a planned pipeline that will pump Russian oil to Europe via Bulgaria and Greece in order to increase Caspian oil exports to Europe, the energy minister said.
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The Movement for the Emancipation of the Niger Delta, or MEND, the most prominent armed group in Nigeria's oil-rich Niger Delta, says it has bombed three oil pipelines. Gilbert da Costa in Abuja has more in this report for VOA.
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Government officials from Armenia, Iran and Russia will meet soon to discuss an ambitious idea to build a big oil refinery on the Armenian-Iranian border that would cater for the Iranian market.
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Russia, Greece, and Bulgaria have signed a long-awaited deal to build a trans-Balkan pipeline that will boost oil supplies to Western markets. The pipeline will ship Russian oil from the Black Sea to the Mediterranean, avoiding the overcrowded Bosphorus Strait.
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Russian President Vladimir Putin will attend a signing ceremony Thursday for a deal to build a Russian oil pipeline to a port in northern Greece following strong pressure from Moscow to conclude decade-long negotiations.
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Russia, Greece, and Bulgaria have signed a deal to build a pipeline to transport Russian oil from the Black Sea to a Greek port on the Aegean.
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Kazakh President Nursultan Nazarbaev will sign an economic cooperation agreement during a five-day official visit to China that began today.
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