Israel supreme court strikes down landmark gas deal

Israel’s top court has struck down a landmark deal regulating exploitation of Mediterranean gas reserves, in a major defeat for Prime Minister Benjamin Netanyahu who called the ruling "mystifying." A panel of Supreme Court justices said in their ruling that a clause in the plan that prevented it from being changed for a decade was unacceptable.

VN, Russian companies ink gas deal The PetroVietnam Gas Corporation (PV GAS) will buy liquefied natural gas from Russia's Gazprom M&T for a warehouse project at Thi Vai Port in the southern Ba Ria-Vung Tau Province.

Putin welcomes China's Xi for landmark talks Russian President Vladimir Putin and China's new leader Xi Jinping are to hold landmark talks on Friday in the hope of further cementing the two countries' partnership with a range of economic and strategic agreements.

Russian firm ready to hunt gas Integrated Russian oil company TNK-BP Group yesterday announced it has received an investment licence for gas block 06.1 in Nam Con Son Basin after acquiring the entire stake from British oil giant BP in Viet Nam and Venezuela.

Viet Nam signs oil, gas deal with Tunisia The National Oil and Gas Group (PetroVietnam) and Tunisian National Oil Company (ETAP) last week signed a deal to exploit crude oil and gas in Tunisia.

VN invests $1.2 billion in overseas projects Vietnamese businesses had invested US$1.2 billion in 227 projects abroad by the end of August, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

VN, S Korea pledge to promote trade, friendship President Tran Duc Luong affirmed the Republic of Korea (RoK) was an important trade partner yesterday, stressing Viet Nam's commitment to developing a comprehensive and stable relationship with the country.