Amid the military escalation in Eastern Ukraine, the geopolitical arm-wrestling between Brussels and Moscow, and its impact on natural gas matters, can only get more complicated.

Ukraine has agreed to increase the cost of gas to consumer by 280 percent, and 66 percent for heating, as part of the IMF terms for getting extra financial aid, says Valery Gontareva the head of the National Bank of Ukraine.

Russia plans to shift all its natural gas flows crossing Ukraine to a route via Turkey

Kuwait’s government on Sunday announced plans to spend $155bn on projects over the next five years despite the current slump of oil prices

Dubai Shares Lead Gulf Declines as Oil Rout Extends Into 2015

Shale gas was supposed to be Ukraine’s ticket to greater energy independence from Russia. Chevron Corp. (CVX)’s decision to pull the plug has smashed those hopes.

Russia gas flows still frozen; Ukraine banks on mild weather to hold out

Spain’s national government has moved once again to boost domestic oil and gas exploration

When energy analysts and the media discuss the price of crude oil, they are typically referring to one of a small group of specific types of crude oil that are widely and actively bought and sold. The use of such benchmark crudes makes it easier for buyers and sellers to price the variety of crudes that are produced around the world.

The European Union's executive body is close to signing off on two disbursement of loans promised to Ukraine that would give Kiev about EUR760 million ($965 million) in additional funding by the end of the year, two senior officials said Tuesday.