BEIJING, July 3 (UPI) -- China, sitting on the world's largest foreign exchange reserves of about $2 trillion earned from burgeoning trade surpluses, has been on a spree to invest its money overseas while attracting inward foreign direct investments.
BAGHDAD, July 2 (UPI) -- After years of wrangling, Turkey last month increased the water flow of the Euphrates River into Iraq by 50 percent, helping to boost agricultural harvests.
ISLAMABAD, Pakistan, July 2 (UPI) -- Pakistan imposed a carbon tax and raised fuel prices by 12 percent in what Islamabad says is a reflection of the recovery in global prices for crude oil.
ANKARA, Turkey, July 2 (UPI) -- Russia and the European Union should work in harmony on issues pertaining to regional energy security and diversification, Turkish officials say.
WATERLOO, Ontario, July 2 (UPI) -- A think tank says the Canadian uranium industry may be better served enriching the mineral itself rather than exporting the raw material and buying back enriched uranium.
WASHINGTON, July 2 (UPI) -- Azerbaijan is an important partner to the United States in terms of energy security and diversification, said the U.S. special envoy for Eurasian energy.
BAKU, Azerbaijan, July 2 (UPI) -- There is no limit to the amount of gas that Azerbaijan will sell to Russia under the terms of a five-year agreement, state oil officials in Baku said.
TEHRAN, July 2 (UPI) -- Five Iranian companies have expressed interest in bidding on the construction of the Abadan-Basra pipeline to Iraq, Iranian officials say.
LONDON, July 2 (UPI) -- Complaints filed by Amnesty International over the human rights impact of the oil sector in the Niger Delta are inaccurate, the Nigerian state oil company said.
MADRID, July 2 (UPI) -- Spanish energy giant Repsol announced the discovery of two new offshore wells in the Mediterranean that could produce oil for at least five years.
LONDON, July 2 (UPI) -- Commercial operations at a storage facility in northern England will hold enough gas to meet more than 30 percent of current demand, the joint operators said.
MOSCOW, July 2 (UPI) -- Following gas deals with Azerbaijan, Russia has extended an invitation to Turkey to join the South Stream natural gas pipeline to Europe, officials say.
TEHRAN, July 2 (UPI) -- Major investments in Iran's South Pars gas field will exploit billions of undeveloped reserves and provide a boost to the local economy, officials say.
BAGHDAD, July 1 (UPI) -- The Iraqi government's much-touted award of major production contracts for international oil majors on June 29-30 turned out to be a big fizzle.
BERLIN, July 1 (UPI) -- Germany ranks first among Group of Eight nations for tackling climate change while the United States has passed on the last place to Canada, according to scorecards released Wednesday by the World Wildlife Fund and German insurance giant Allianz.
