Power dispute slows clocks across Europe

A power dispute between Kosovo and Serbia has resulted in grid frequency across Europe being disrupted

Oil pipeline threats between Sudan and South Sudan

Sudan has threatened to block off oil supplies from South Sudan, it was reported this week. The two African nations formed when Sudan split in 2011 following years of civil war and the division left the southern country with much of Sudan’s oil reserves. Now the leader of Sudan President Omar al-Bashir says it could […]

Russia hands Ukraine a $7bn gas bill

Russia has reportedly handed Ukraine a $7billion bill for gas which Kiev had committed to buy last year but didn’t take. Russian state firm Gazprom is said to have demanded the cash from Ukrainian gas company Naftogaz for the 2012 gas imports. The bill could be linked to Ukraine’s recent deal with Shell for rights […]