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Sometimes it's not easy being Russia's neighbor - just ask Ukraine. Ever since the 1991 implosion of the USSR, Ukraine's relations with Russia have appeared between coldly formal and outright hostility, with a major irritant being the increasingly high prices Gazprom charges for natural gas.

Royal Dutch Shell further intensified its relationship with China in a new 30-year accord to appraise and develop tight gas reserves in the Sichuan basin.

The new project in the 4,000-square-kilometer Jinqiu block is Shell’s third venture in unconventional gas development with the China National Petroleum Corp. in the past six months.

Energy investing opportunities open up from investors in the Caspian Sea.

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