Pakistan’s newly-built cargo port of Gwadar sits on a remote, unspoiled coastline in the country’s far southwest. Officials hope the multi-million-dollar deep water port will soon transform the idyllic seaside retreat into an economic engine for Pakistan, acting as a key regional hub for oil, gas, and goods. Source: VoA
Russia’s Rosneft earlier this week announced that it had started drilling a production well off the coast of Vietnam in the South China Sea. Today, two sources close to the Vietnamese unit of the Russian company told Reuters there were concerns there about China’s possible reaction to the drilling. Source: Reuters
The UK government announced on Thursday plans to facilitate timely decisions on shale gas exploration planning applications in England as part of a plan to reduce dependence on gas imports amid an ongoing decline in the UK North Sea’s conventional gas production. Source: Oil Price
Hundreds of truck drivers blocked roads across Bulgaria on Thursday (17 May) as European Union leaders met in Sofia, protesting against proposed EU rules they say would cost them their jobs and put their firms out of business. Source: Euractiv
