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Gazprom Mandates Credit Suisse For USD Bond Issuance:Source

Gazprom Mandates Credit Suisse For USD Bond Issuance:Source

Russian gas monopoly Gazprom OAO (OGZPY) has mandated Credit Suisse Group(CS) as the "sole lead manager" for a forthcoming dollar-denominated bond issuance, according to a fund manager term sheet obtained Wednesday.

Naftogaz: Signed Technical Gas Agreement With Gazprom

Naftogaz: Signed Technical Gas Agreement With Gazprom

Russia's natural gas monopoly OAO Gazprom (GAZP.RS) and Ukraine's national gas company Naftogaz signed late Monday a technical agreement on gas delivery and transit, Naftogaz said Tuesday.

Eni, Gazprom Sign New Energy Deals To Develop Italy

Eni, Gazprom Sign New Energy Deals To Develop Italy

Eni SpA (E) said it signed energy deals Tuesday that are a "step forward in strategic energy cooperation between Italy and Russia," including a plan for Gazprom (GAZP.RS) to buy a stake in Gazprom Neft from Eni that was announced earlier Tuesday.

Ukraine Economy To Shrink 9% In 2009 - World Bank

Ukraine Economy To Shrink 9% In 2009 - World Bank

Ukraine's economy will shrink 9% in 2009 amid the global economic crisis, the World Bank said Tuesday, and warned government mishandling of the situation could make things worse.

Germany Prefers Nuclear Power Plant Lifespan Extension

Germany Prefers Nuclear Power Plant Lifespan Extension

The building of new nuclear power plants isn't an option for Germany which, instead, has opted for lifespan extension, German Economy Minister Karl-Theodor zu Guttenberg said in an interview with Handelsblatt Tuesday.

Enel CEO:To Sign Gazprom Deal On Russia Gas Assets By End

Enel CEO:To Sign Gazprom Deal On Russia Gas Assets By End

Chief Executive Fulvio Conti of Enel SpA (ENEL.MI) said Tuesday it will sign a deal with OAO Gazprom (GAZP.RS) by the end of April in which the Russian company will buy a controlling stake in a company that holds natural gas assets of former Yukos.

The Sarajevo Regional Energy Forum

The Sarajevo Regional Energy Forum

Two new financing programs were announced by EBRD President Thomas Mirow at the two-day Regional Energy Forum, held last week, March 30-31 2009, in Sarajevo. The conference was jointly organized by the Energy Community and the European Bank for Reconstruction and Development (EBRD), focusing on electricity generation and green energy investments.

Karamanlis Breaks the Ice With Obama

Karamanlis Breaks the Ice With Obama

US President Barack Obama and Prime Minister Costas Karamanlis exchange a few words on the sidelines of the NATO summit in Strasbourg, France, on Saturday as US Secretary of State Hillary Clinton looks on. During the meeting, Karamanlis invited Obama to Greece and the American president reciprocated. Obama flew to Turkey yesterday.

Iraq To Fine-tune Model Contract For 1st Oil Bidding Round

Iraq To Fine-tune Model Contract For 1st Oil Bidding Round

The Iraqi oil ministry will make slight changes to model contracts for the eight oil and gas fields included in its landmark first bidding round in an effort to accelerate the process of awarding contracts to international oil firms by the end of June, a senior Iraqi oil official said Monday.

Eni, Nippon, Repsol Submit Final Bids For Iraq Oil Contract

Eni, Nippon, Repsol Submit Final Bids For Iraq Oil Contract

Italy's Eni SpA (E), Japan's Nippon Oil Corp. (5001.TO) and Spain's Repsol YPF SA (REP) presented their offers for Iraq's Nassiriyah oil field in southern Iraq, one of the world's vast oil field, a senior Iraqi oil official said Monday.

Eni Makes New Hydrocarbon Offshore Discovery In Indonesia

Eni Makes New Hydrocarbon Offshore Discovery In Indonesia

Eni SpA (E), Italy's biggest energy company by market value, said Monday it had made a new hydrocarbon discovery in offshore Indonesia, and will now proceeds with the appraisal of the discovery.

Gazprom Likely To Cut Spending; Putin Offers Aid

Gazprom Likely To Cut Spending; Putin Offers Aid

Russia's OAO Gazprom said it is increasingly likely it will cut its multibillion-dollar investment program this year amid collapsing demand for natural gas. Meanwhile, Russian Prime Minister Vladimir Putin offered Gazprom state aid to get the company through the global recession.