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Gazprom CEO: Ukraine Ready To Transit Europe Gas

Gazprom CEO: Ukraine Ready To Transit Europe Gas

Ukraine's gas pipeline system is working in normal transit regime at 0700 GMT and is ready to deliver Russian gas to Europe, the Interfax news agency reported Tuesday citing Alexei Miller, chief executive of Russia's state-controlled gas firm OAO Gazprom (GAZP.RS).

Kazakhstan May Cut 09 Oil Output Due To Low Prices

Kazakhstan May Cut '09 Oil Output Due To Low Prices

Kazakhstan may cut its forecast for 2009 oil production by 3 million metric tons due to lower world oil prices, the Kazakh economy and budget planning minister was quoted Tuesday by Interfax as saying.

Gas War May Rehabilitate Ukraines Yushchenko

Gas War May Rehabilitate Ukraine's Yushchenko

The bitter energy dispute between Ukraine and Russia has been resolved in a comprehensive agreement that Kiev and Moscow signed yesterday -- though there have been several false starts over the past three weeks. But if this latest pact holds, then by all accounts it is Russia that blinked first.

Turkey Returns Revised Bid To Build Nuclear Pwr Plant

Turkey Returns Revised Bid To Build Nuclear Pwr Plant

Turkey sent a revised nuclear bid back to a Russian-led consortium, the sole bidder in a tender to build and operate Turkey's first nuclear power station, Energy Minister Hilmi Guler said late Monday, the Ihlas News Agency, or IHA, reported Tuesday.

Obama Faces Hard Task Of Translating Promises To Policies

Obama Faces Hard Task Of Translating Promises To Policies

Barack Obama won the presidency making hundreds of promises large and small, from ending the war in Iraq and global warming to boosting low-income heating assistance and expanding the Peace Corps. Now comes the hard part: translating those pledges into policies, and whittling down the list while keeping his broad coalition of supporters happy.

Bulgarians Reconsider N-power

Bulgarians Reconsider N-power

Bulgarians rallied yesterday to demand two Soviet-era nuclear reactors be restarted in the face of global economic woes and cuts in gas supply from Russia. About 2,500 protesters with placards reading “Speed up Bulgarian energy” and “Restart” marched through Sofia, capital of the poorest EU member, saying the two 440 MW units that Bulgaria shut in 2006 to win EU entry were safe and must be used again.

Bulgaria Urges EU To Speed Up Nabucco Pipeline Project

Bulgaria Urges EU To Speed Up Nabucco Pipeline Project

Bulgarian President Georgy Parvanov urged the European Union Friday to work with countries in the Black Sea and Caspian region and speed up its flagship Nabucco project in the wake of the Russia-Ukraine gas crisis.

New Russia, Ukraine Gas Accord Leaves Europe Dubious

New Russia, Ukraine Gas Accord Leaves Europe Dubious

Russia and Ukraine on Sunday announced a new deal which they said would allow natural gas to start flowing again, but the European Union remained doubtful about an end to the crisis.

German Econ Min: Germany Needs To Diversify Energy Sources

German Econ Min: Germany Needs To Diversify Energy Sources

Germany's economy minister has called for diversifying the country's energy sources after the recent gas crisis in Europe, hinting Berlin should take another look at plans to phase out nuclear power.

Putin Spokesman: Expects Gas Transit To Be Resumed Monday

Putin Spokesman: Expects Gas Transit To Be Resumed Monday

Russia expects to restart transit of natural gas through Ukraine to Europe immediately after the two countries' state gas firms OAO Gazprom (GAZP.RS) and Naftogaz have signed a commercial agreement on Monday afternoon, a Russian government spokesman said Monday.

Gazprom Says Ukraine Politics Holding Back Gas Supply

Gazprom Says Ukraine Politics Holding Back Gas Supply

Ukraine is technically capable of supplying gas to Europe, the country's state gas firm Naftogaz told OAO Gazprom (GAZP.RS) Thursday in a letter seen by Dow Jones Newswires.

EU Quest For New Gas Routes To Up Reliance On Russia

EU Quest For New Gas Routes To Up Reliance On Russia

Russia's dispute with Ukraine over gas payments has stoked fears among Europeans of being left without heat in the dead of winter, yet the European Union's inevitable scramble to seek new supply routes may actually end up increasing its dependence on Russia.