Based on the accepted answer by delnan.
What if one of your wanted keys aren't in the old_dict? The delnan solution will throw a KeyError exception that you can catch. If that's not what you need maybe you want to:
only include keys that excists both in the old_dict and your set of wanted_keys.
old_dict = {'name':"Foobar", 'baz':42}
wanted_keys = ['name', 'age']
new_dict = {k: old_dict[k] for k in set(wanted_keys) & set(old_dict.keys())}
>>> new_dict
{'name': 'Foobar'}
have a default value for keys that's not set in old_dict.
default = None
new_dict = {k: old_dict[k] if k in old_dict else default for k in wanted_keys}
>>> new_dict
{'age': None, 'name': 'Foobar'}