Ukraine, which is de facto at war with Russia, got a five-year gas transit contract with Russian energy giant Gazprom, and will likely get a 25 percent discount for direct supplies of Russian natural...
Earlier this week, many Ukrainians were outraged that President Yuschenko did not appear to be doing enough to solve the present gas spat between Russia and Ukraine. Although reports vary, some place...
The total world demand for oil reached 85.71 million barrels per day (mbd) in 2005. The main consumers were North America that accounted for 30.6 percent (or 25.65 mbd), the Pacific and Asia,...