The Council of the European Union recently held a ministerial meeting in Luxembourg to discuss issues such as natural gas and electricity markets, postal and telecommunications services, mobile communications, internal market, transport and energy, and adopted the EU Energy and Transport Strategy.

Building nuclear power plants cannot meet human energy needs and will also have side effects of nuclear proliferation.

According to Russian media reports, an agreement signed between the government-controlled Gazprom, British Petroleum (BP) and TNK-BP on the 22nd stipulates that Gazprom will acquire TNK-BP in Russia. Shares in the Kovykta (formerly "Kovichkin") gas field project in the Irkutsk region.

According to a report by Cambodia's Huashang Daily on June 8, following the recent discovery of a large number of oil deposits, Cambodia has reported the discovery of a second large-scale resource reserve worthy of the world's attention - gold and aluminum ores.

Officials from the European Union and the Organization of the Petroleum Exporting Countries (OPEC) held a roundtable meeting in Brussels on Wednesday to seek to strengthen the exchange of information in the field of energy decision-making. This meeting is part of the "EU-OPEC Energy Dialogue" mechanism.

On the 21st, the Energy Information Administration (EIA) under the U.S. Department of Energy released the "2007 World Energy Outlook" report. The report predicts that although international oil prices continue to rise, the growth rate of demand is still difficult to contain; only after 2015 will the global demand for oil and other liquid fuels slow down due to high prices.

Talisman Energy Inc. (TSX code: TLM) first-quarter profit increased by 520 million yuan, and stock dividends increased by nearly 17%.

Ramirez, Venezuela’s Minister of Energy and Petroleum and President of the National Petroleum Corporation, told the media on the 3rd that if the US company ConocoPhillips continues to refuse Venezuela to take over control of its oil business in Venezuela, the company will be expelled.