US President Barack Obama said on Saturday that Russia's aggression against Ukraine was 'appalling' and a threat to the world, while European nations threatened further sanctions against Moscow if it did not end the flow of weapons a
Russia could resume natural gas deliveries to Ukraine as soon as next week if Kiev pays $2.2 billion in debt and pre-payments, gas exporter Gazprom said, under a deal that also safeguards winter deliveries to Europe.
Pro-Europe parties secured a big win in an election in Ukraine, a partial vote count showed on Monday, with President Petro Poroshenko hailing people's support for his plan to end a separatist war and pursue democratic reforms sought by the
OAK Utility Solutions and Development, a Bahrain-based solutions provider, has secured a Ukraine government assignment to implement and construct an 'energy-from-waste' utility in the country, it was announced.
The United States and European Union imposed new sanctions against Russia on Friday, tightening financial measures against Moscow over its intervention in Ukraine despite a week-old ceasefire which has brought calm to the embattled east.
A woman died and at least four people were wounded when fighting flared again in eastern Ukraine overnight into Sunday, jeopardising a ceasefire struck less than two days earlier between Ukrainian government forces and pro-Russian separatists.
Ukraine and pro-Russian rebels reached a ceasefire agreement on Friday, the first step toward ending fighting in eastern Ukraine that has caused the worst standoff between Moscow and the West since the Cold War ended.
Brent crude slipped towards $102 a barrel on Thursday, reversing some of the sharp overnight gains, as US industry data showed fuel stocks rose last week in the world's biggest oil consumer, raising fresh doubts on the strength of demand.
Crude oil prices posted their second straight monthly losses, despite rising on Friday on worries that the intensifying Ukraine crisis may trigger more sanctions and as US economic data portended strong demand in the world's largest oil cons
Russian oil producer Tatneft has been awarded $112 million in compensation from Ukraine over a refinery ownership dispute by an international arbitration court, piling pressure on cash-strapped Kiev, the company said.
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