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Italy Announces EUR12B Privatization Plan

Italy Announces EUR12B Privatization Plan

Italy's government on Thursday approved plans to sell up to 12 billion euros ($16.13 billion) in business assets in a bid to overcome objections from Brussels and gain the right to make extra public investments in 2014.

IEA: Key Emerging Economies Announce Mutual Interest to Pursue Enhanced Co-operation

IEA: Key Emerging Economies Announce Mutual Interest to Pursue Enhanced Co-operation

The International Energy Agency and six "partner countries" – Brazil, China, India, Indonesia, Russia and South Africa – on Wednesday for the first time expressed their mutual interest in pursuing a stronger, more enhanced form of multilateral co-operation. The Joint Declaration on Association was issued at the end of the 2013 IEA Ministerial Meeting.

Novatek, Gazprom Neft Buy ENIs Share In SeverEnergia For $2.94B

Novatek, Gazprom Neft Buy ENI's Share In SeverEnergia For $2.94B

Russia's No. 2 natural gas producer OAO Novatek (NVTK.RS) and OAO Gazprom Neft (SIBN.RS), the oil arm of the gas giant OAO Gazprom (GAZP.RS) said Wednesday they are buying Italy's Eni SpA stake in gas producer SeverEnergia for $2.94 billion.

Libyas Mellitah Terminal Restarts Oil Exports

Libya's Mellitah Terminal Restarts Oil Exports

Libya's western Mellitah port has resumed oil exports for an Eni SpA (E) joint-venture after protests ended there, a government oil official said Wednesday.

Oliver Hits Back at EU over Oil Sands -- Globe & Mail

Oliver Hits Back at EU over Oil Sands -- Globe & Mail

Natural Resources Minister Joe Oliver said a move by the European Union to target the oil sands could have an indirect impact on the fate of the Keystone XL pipeline project because it would stigmatize Canadian oil.

U.S. Consumer Prices Fall 0.1% in October on Energy Costs

U.S. Consumer Prices Fall 0.1% in October on Energy Costs

U.S. consumer prices fell slightly in October, the latest soft inflation figure that could weigh on Federal Reserve officials as they consider scaling back their bond-buying program.

German Court Doubts Legality of Nuclear Fuel Tax

German Court Doubts Legality of Nuclear Fuel Tax

Germany's biggest utilities, still reeling from the country's early exit from nuclear power, scored a major victory Tuesday when a Hamburg court said the national tax on nuclear fuel rods may violate European law.

Regulators Approve the Tariff Code of the TAP Pipeline

Regulators Approve the Tariff Code of the TAP Pipeline

The three national regulatory authorities of Albania (ERE), Greece (RAE) and Italy (AEEG) have approved the Tariff Code proposed by the company TAP AG for TAP, the pipeline that will bring Azeri gas to Italy, through Greece and Albania.

Ukraine Ready To Settle Russia Gas Debt by Year-End

Ukraine Ready To Settle Russia Gas Debt by Year-End

Ukraine will settle a debt of around $1 billion to Russian state-owned gas company OAO Gazprom (GAZP.RS) by the end of the year, Energy Minister Eduard Stavitskiy said Monday, Interfax news agency reported.