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Kremlin Snubbed As Russia, Ukraine Plan Gas Crisis Talks

Kremlin Snubbed As Russia, Ukraine Plan Gas Crisis Talks

Ukraine prepared Friday to host a summit of eastern European chiefs of state ahead of new talks on its gas war with Moscow, as Europe batted aside a Kremlin proposal for a summit in Moscow to resolve a feud that has left millions of Europeans freezing.

Moldovan, Slovak Leaders In Ukraine For Gas Crisis Talks

Moldovan, Slovak Leaders In Ukraine For Gas Crisis Talks

Slovak and Moldovan leaders will hold talks Friday with Ukrainian President Viktor Yushchenko on a spiraling energy crisis that is hampering gas supplies across central Europe, the presidency said

Eni CEO Seeks EU Consortium To Bypass Russia-Ukraine Gas Spat

Eni CEO Seeks EU Consortium To Bypass Russia-Ukraine Gas Spat

Italian oil and gas company Eni SpA (E) Thursday said that, following a request from Russian Premier Vladimir Putin, it will try to set up a European consortium to restart the transport of Russian natural gas to Europe.

OPEC Jan Report: Revises Down Slightly 2009 World Oil Demand

OPEC Jan Report: Revises Down Slightly 2009 World Oil Demand

The Organization of Petroleum Exporting Countries on Thursday made additional downward revisions to global oil demand in 2009 and hinted it may still have to cut even more production if economic activity and crude prices continue to stumble.

Russia Says Will Host Europe Gas Crisis Summit

Russia Says Will Host Europe Gas Crisis Summit

Russia will host a summit on the European gas crisis Saturday and is inviting European leaders to take part, news agencies reported Thursday, citing a spokeswoman for President Dmitry Medvedev.

EU To Convene New Meeting Of EU Gas Experts Jan 19

EU To Convene New Meeting Of EU Gas Experts Jan 19

The European Union's executive commission said Thursday it would convene a new meeting of E.U. gas experts on Monday to reassess the energy situation in the bloc's eastern states that have been hit by a gas dispute between Russia and Ukraine.

Ukraine Confirms No Gas Flowing To Europe Thursday

Ukraine Confirms No Gas Flowing To Europe Thursday

Ukraine is still not letting Russian natural gas into its pipeline system due to "technical reasons," a spokesman for Ukraine's state gas firm Naftogaz confirmed Thursday.

LNG Cant Replace Russia Gas Imports In Europe

LNG Can't Replace Russia Gas Imports In Europe

Europe would need as much as four extra liquefied natural gas cargoes a day to offset the lost natural gas supply from Russia through Ukraine, LNG Intelligence reported Thursday, citing an executive from Total S.A. (TOT).

CNPC Signs Contract To Develop Iranian Oilfield - Xinhua

CNPC Signs Contract To Develop Iranian Oilfield - Xinhua

China National Petroleum Corp. signed Wednesday a $1.76-billion contract with the National Iranian Oil Co. allowing CNPC to exploit the North Azadegan oilfield in Iran, Xinhua reported Thursday.

Ukraine Leader Promises Total Volume of Gas Transit to Europe

Ukraine Leader Promises Total Volume of Gas Transit to Europe

KIEV (AFP)--Ukraine will transit Russian gas to Europe as soon as Moscow provides the "total volume" required, President Viktor Yushchenko told German Chancellor Angela Merkel Thursday, his office said.

Russia Proposes New Summit As Gas Row Drags On

Russia Proposes New Summit As Gas Row Drags On

MOSCOW (Dow Jones)--Russia Wednesday proposed a fresh round of talks in a bid to resolve the natural gas dispute that has left parts of Europe without power, saying a meeting of all the parties involved could also help prevent a repeat of the stalemate in the future.

Ukraine Holds Europe Hostage

Ukraine Holds Europe Hostage

NOVO OGAREVO, Russia (AFP)--Ukraine has taken European countries "hostage" in its dispute with Russia over gas, Prime Minister Vladimir Putin said Wednesday.