Russian pressure on Shell alarms EU, Japan
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Russia stepped up the pressure on Royal  Dutch Shell and its Japanese partners on Tuesday over a $20  billion oil and gas development in the Far East, sparking  protests from Tokyo and Brussels.
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For many, the words Russia and nuclear conjure up fear and loathing. But Russia's state nuclear company Rosatom sees only beauty.
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TOKYO : Japan was on alert after a suspected Chinese nuclear submarine entered its territorial waters, prompting Prime Minister Junichiro Koizumi to voice concern, officials and reports said.
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The United States on Friday added  its voice to the chorus of Western nations troubled by Russia's  dealings with foreign oil companies, saying it was "very  concerned" by Moscow's treatment of Royal Dutch Shell.
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Japan has voiced opposition to the European Union's likely lifting of an embargo on arms sales to China, saying the move raises serious concerns over peace and security in East Asia.
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Russia's Gazprom closed in on half of  Royal Dutch Shell's (RDSa.L) $22 billion Sakhalin-2 energy  project on Tuesday while Shell denied it had buckled under  Kremlin pressure and warned Moscow the world was watching.
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Workers in Moscow, self-exiled executives in London and Houston and industry watchers the world over are waiting for the death knell for Russia&#39;s second largest oil company.
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Their ties with Kremlin-backed Gazprom are vexing EU efforts to create an energy security policy that would lessen dependence on Russia.
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Japan, Britain and the European Union all expressed worries on Tuesday about RussiaÂs actions.
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Paris - Europe is becoming more and more dependent on Russian energy supplies, making it vulnerable to high prices, say International Energy Agency (IEA) executives.
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Russia's Gazprom closed in on half of Royal Dutch Shell's  $22 billion Sakhalin-2 energy project on Tuesday while Shell denied it had buckled under Kremlin pressure and warned Moscow the world was watching.
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BP Plc's Russian venture is likely to lose its license for the giant Kovykta gas field on Friday, although Moscow could postpone the tough action until after the G8 Summit and its landmark economic forum.
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The yen remained under strong pressure on  Tuesday after oil prices hit record highs, raising concern  about the impact on Japan's import-dependent economy.
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Nuclear leaks after Japan's July 16 earthquake awaken insecurities
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Shell's boss is to fly to Moscow for talks with Russia's energy minister over the $22bn Sakhalin-2 oil and gas project.
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RUSSIAâS stricken oil industry is facing what some have branded a return to Soviet Union days after gas monopoly Gazprom said it might bid for the production arm of energy giant Yukos.
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SOFIA, Bulgaria  - Moscow warned Western nations  on Tuesday against interfering in Ukraine and other ex-Soviet  republics and Washington and the European Union accused Russia  of a heavy-handed approach to its neighbors.