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The G8 focused on energy in 2006, after making big promises on Africa last year (Photo: http://g8russia.ru/)

EU gives wary backing to G8's 'new global energy order'

Open oil and gas markets and more nuclear power will form the backbone of the industrialised world's new energy policy, with the EU welcoming the deal but urging Russia to make good on promises made in St Petersburg on 16 July.

The G8 club - the US, Russia, Germany, UK, France, Italy, Canada and Japan – on Sunday shook hands on a statement saying "it is extremely important that companies from energy producing countries can invest in and acquire upstream and downstream assets internation...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

The G8 focused on energy in 2006, after making big promises on Africa last year (Photo: http://g8russia.ru/)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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