Tensions increasing over Caspian Energy Riches

    By John Daly     On Wednesday in Astrakhan, LUKoil President, Vagit Alekperov told journalists that his company will spend over $16 billion over the next decade to develop the country’s Caspian offshore Korchagin and Filanovskii oil and natural gas fields in the Caspian, at the signing of a cooperation agreement with...