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Medvedev: Caucasus Security Situation

Medvedev: Caucasus Security Situation

Security in Russia's volatile North Caucasus remains very difficult despite efforts to stabilize the region, Russian President Dmitry Medvedev said Monday, news agencies reported.

Moscow Govt Seeks Blocking Stake In Sibir Energy

Moscow Govt Seeks Blocking Stake In Sibir Energy

The Moscow city government may seek a blocking stake in London-listed oil firm Sibir Energy PLC (SBE.LN) and operate the company jointly with OAO Gazprom Neft (SIBN.RS), the Vedomosti daily reports Monday citing a Moscow deputy mayor.

Pakistan Official: Iran Gas Will Save Pakistan $5M/Day

Pakistan Official: Iran Gas Will Save Pakistan $5M/Day

A Pakistani official said importing Iranian gas through the planned Iran-Pakistan-India "peace" pipeline will save the country about $5 million a day, Pakistan's Dawn.com news Web site reports Monday.

Iran Oil Official: Crude Wont Exceed $72/Bbl In 09

Iran Oil Official: Crude Won't Exceed $72/Bbl In '09

A senior Iranian oil official said a significant rise in crude oil demand is "improbable" until 2010 and the price per barrel of crude likely won't exceed $72 in 2009, the oil ministry's official Shana news agency reported late Saturday.

Iraq Kurd Leader Vows No Compromise Over Oil City

Iraq Kurd Leader Vows No Compromise Over Oil City

The president of Iraq's autonomous Kurdish region, Massud Barzani, said he won't "compromise" on longstanding Kurdish claims to the oil-rich province of Kirkuk, in a speech late Sunday.

Ministry pushes back DEPA, airport sale

Ministry pushes back DEPA, airport sale

Greece has pushed back plans to sell stakes in its natural gas monopoly and its biggest airport this year, officials said yesterday, citing complications and adverse market conditions

EU, Ukraine Step Up Talks To Head Off Gas Crisis

EU, Ukraine Step Up Talks To Head Off Gas Crisis

The European Union said Friday it will step up talks with Ukraine, Russia and international financial institutions on financial aid to Ukraine, in a bid to head off renewed disruption of European gas supplies this winter.

Russia Seeks Alternative Fuel Resources In Siberia

Russia Seeks Alternative Fuel Resources In Siberia

Underwater research in Siberia's Lake Baikal has produced almost 5 kilograms of gas hydrates, a possible alternative to oil and gas containing a higher concentration of hydrocarbons, the RIA Novosti news service reports Friday, citing an expedition participant.

German Minister Rules Out New Nuclear Power Stations

German Minister Rules Out New Nuclear Power Stations

Germany's economy minister Friday ruled out building new nuclear power stations but said the life of some reactors might be extended and the development of alternative technologies stepped up.

EU Demands Access To Georgian Regions Of S Ossetia, Abkhazia

EU Demands Access To Georgian Regions Of S Ossetia, Abkhazia

European Union monitors must be given access to Georgian separatist regions they have been blocked from entering despite being mandated to work there, Swedish Foreign Minister Carl Bildt said Friday.

Greek PPC Faces Delays At Power Plant Projects

Greek PPC Faces Delays At Power Plant Projects

Greece's state-controlled electric utility, Public Power Corp. SA (PPC.AT), acknowledged Friday that it was facing delays with several major power plant projects, but denied that its giant six-year, EUR13.5 billion investment program was in jeopardy.

China Coal Energy 1H Coal Output 52.67M Tons, Up 5.4% On Yr

China Coal Energy 1H Coal Output 52.67M Tons, Up 5.4% On Yr

China Coal Energy Co. (1898.HK), the country's second-largest coal producer by revenue, said Friday its raw coal output for the first half reached 52.67 million metric tons, up 5.4% from the year-earlier period.

Kosovo Aiming to Become Energy Exporter

Kosovo Aiming to Become Energy Exporter

Pristina (Reuters) – Kosovo plans to build a new power plant they hope will attract 3,5 billion euros in foreign investment and turn it into an energy exporter, the prime minister said on Thursday.

Gas, Financial Crisis Set To Dominate Germany-Russia Talks

Gas, Financial Crisis Set To Dominate Germany-Russia Talks

German Chancellor Angela Merkel Thursday hosts Russia's President Dmitry Medvedev for talks dominated by efforts to avoid a new spat over gas supplies to Europe and the global financial crisis.