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Iraq Invites Cos To Roadshow On 2nd Round Oil Deals

Iraq Invites Cos To Roadshow On 2nd Round Oil Deals

The Iraqi oil ministry is holding a meeting in August to brief international oil companies on Iraq's second licensing round to award long-term contracts to develop some of the country's untapped oil and gas fields, a senior ministry official said Friday.

Nuclear Waste Fuels Serb Fears

Nuclear Waste Fuels Serb Fears

Serbia plans to ship thousands of kilos of spent nuclear fuel to Russia as it seeks to avert security threats and decommission a research reactor, a government official said yesterday. The Vinca Nuclear Institute, 17 kilometers (11 miles) southeast of Belgrade, will ship 2.5 tons of spent fuel rods and 13 kilograms of highly enriched uranium via Russia’s state-run Rosatom corporation, Deputy Science Minister Miroslav Veskovic said

Repsol Says It Received Proposals For YPF Stake

Repsol Says It Received Proposals For YPF Stake

Spanish oil company Repsol YPF SA (REP) has received proposals for a stake in its Argentine unit YPF, but no firm offers, the Spanish oil firm said Thursday.

Finnish Authority Approves Baltic Gas Pipeline

Finnish Authority Approves Baltic Gas Pipeline

The planned Nord Stream gas pipeline moved a step forward Thursday after a Finnish environment agency approved the project but told its backers to provide more information on potential environmental damage.

EU Govts Urged To Fill Gas Storage Facilities Ahead Of Winter

EU Govts Urged To Fill Gas Storage Facilities Ahead Of Winter

European Union natural gas experts Thursday urged the bloc's 27 national governments to fill up their storage facilities ahead of winter to protect themselves against another disruption to gas supplies shipped from Russia through Ukraine.

Obama, Medvedev To Highlight Nuclear Talks

Obama, Medvedev To Highlight Nuclear Talks

Russia and the U.S. will affirm their commitment to renegotiate a nuclear disarmament treaty when U.S. President Barack Obama visits Moscow next week, Russia's foreign minister said Thursday.

Russia Offers Turkey Role In South Stream Gas Pipe

Russia Offers Turkey Role In South Stream Gas Pipe

Russia has invited Turkey to take part in its South Stream gas pipeline, in what could be another blow to the European Union-backed rival project Nabucco, the Interfax news agency reported late Wednesday citing First Deputy Prime Minister Igor Sechin.

Merkel Wants Sustainable Fiscal Policy Post Crisis

Merkel Wants Sustainable Fiscal Policy Post Crisis

Germany is to insist that new financial rules are implemented to prevent the financial crisis from being repeated, Chancellor Angela Merkel said Thursday, adding that governments must aim for exit strategies from their fiscal policies.

Russia 1H 2009 Oil Output -0.1%; Natural Gas Plummets 20.8%

Russia 1H 2009 Oil Output -0.1%; Natural Gas Plummets 20.8%

Russia produced 242.594 million metric tons of oil and gas condensate in the first six months of 2009, or 9.77 million barrels a day - down 0.1% from the same period last year, the Interfax news agency reported Thursday, citing Ministry of Industry and Energy statistics.

E.ON Is Ready To Co-Run Ukraines Gas Pipelines

E.ON Is Ready To Co-Run Ukraine's Gas Pipelines

German energy company E.ON AG (EOAN.XE) is ready to take part in a consortium to run Ukraine's natural gas pipelines, Prime-Tass reports Wednesday, quoting Reiner Hartmann, managing director of E.ON Russia.

Russia Says Nuclear Arms Talks With US Going Well

Russia Says Nuclear Arms Talks With US Going Well

Talks on a new U.S.-Russian nuclear disarmament treaty are going better than initially expected, a top Russian diplomat told the RIA-Novosti news agency Wednesday.

Russia Energy Min:Role Of Gas Export Forum To Increase

Russia Energy Min:Role Of Gas Export Forum To Increase

Russia is confident the role of the Gas Exporting Countries Forum, or GECF, an OPEC-style organization for gas exporters, will increase in the future, the country's Energy Minister Sergei Shmatko said Tuesday.

Izgaz Gets EUR60M Loan From EBRD, $50M Support From IFC

Izgaz Gets EUR60M Loan From EBRD, $50M Support From IFC

The European Bank for Reconstruction and Development, or EBRD, said Wednesday it will give a EUR60 million loan to Izgaz, the gas distribution company of Turkey's northwestern industrial city of Izmit, the Ihlas News Agency, or IHA, reported.