English Edition

Czechs To Take Over EU Helm From France

Τρι, 30 Δεκεμβρίου 2008 - 23:29

The CzechRepublic takes over the rotating European Union presidency from France on Thursday with several big issues to deal with, including a looming dispute over gas supplies with Russia.

Too Early To Say Russia-Ukraine Gas Row Over

Τρι, 30 Δεκεμβρίου 2008 - 23:27

Russian state-run gas giant OAO Gazprom (GAZP.RS) said Tuesday it was still awaiting payment from Ukraine and it was "too early" to say their current gas dispute was resolved.

Ukraine Has Made Gas Debt Payment To Russia

Τρι, 30 Δεκεμβρίου 2008 - 23:25

Ukraine has paid its $1.5 billion debt for Russian gas delivered in November and December, state gas company Naftogaz told AFP Tuesday, trying to defuse a New Year showdown with gas giant OAO Gazprom (GAZP.RS).

Israel Continues Gaza Strikes; Ceasefire Pressure Grows

Τρι, 30 Δεκεμβρίου 2008 - 23:23

Israel continued its aerial bombardment of Hamas targets in the Gaza Strip Tuesday, as international pressure for a ceasefire mounted and Israeli officials warned operations against the militant group were only just beginning.

OPEC Seen Pumping 400,000 B/D Less In Dec Vs Nov

Τρι, 30 Δεκεμβρίου 2008 - 23:21

The Organization of Petroleum Exporting Countries' 11 members subject to output quotas lowered oil production by about 400,000 barrels a day in December signaling greater compliance to boost crude prices, tanker tracker Petrologistics said Tuesday.

12 Cos Interested In Enel's Majority Stake In Gas Grid-Source

Τρι, 30 Δεκεμβρίου 2008 - 23:19

Enel SpA (ENEL.MI), Italy's biggest utility by market value, received 12 expressions of interest for a majority stake in its local natural gas distribution network in a deal worth more than EUR1 billion, a person familiar with the matter said Tuesday.

Gazprom Says It Has Reached Pipeline Deal With Turkmenistan

Δευ, 29 Δεκεμβρίου 2008 - 13:28

Russian gas giant Gazprom (OGZPY) and Turkmenistan on Thursday reached an agreement on a planned gas pipeline linking the energy-rich central Asian country to Russia, the company said.

'50-50' Chance Russia To Cut Nat Gas To Ukraine On Jan 1

Δευ, 29 Δεκεμβρίου 2008 - 13:27

There is a "50-50" chance that Russia will cut off gas supplies to Ukraine on Jan. 1 over Kiev's failure to pay its debts, Russian energy giant Gazprom said Saturday.

Turkey In Talks With Iraq On Gas Transportation To Europe

Δευ, 29 Δεκεμβρίου 2008 - 13:25

Turkish Prime Minister Recep Tayyip Erdogan said Thursday his government is in talks with Iraq on transportation of natural gas extracted in northern Iraq to Europe.

Turkey To Consider Pwr Price Offer For Nuclear Plant

Δευ, 29 Δεκεμβρίου 2008 - 13:24

Turkish power provider TETAS on Jan. 19 will start considering an electricity price offer from a Russian-led consortium, the sole bidder in a tender to build and operate Turkey's first nuclear power station, a TETAS official told Ihlas News Agency, or IHA, on Thursday.

Iraq Raises Kirkuk Oil Price To Jordan By $4

Δευ, 29 Δεκεμβρίου 2008 - 13:23

Iraq's State Oil Marketing Organization, or SOMO, has raised the official selling price of its Kirkuk crude destined for Jordan by $4, an Iraqi oil official said Sunday.

Iran OPEC: Consumer Nations Want To Keep Oil Price Low

Δευ, 29 Δεκεμβρίου 2008 - 13:21

Iran's governor to the Organization of Petroleum Exporting Countries said consumer countries do not want the price of oil to rise and efforts by OPEC to balance supply and demand have been ineffective because of Western media and market speculators, Iran's English-language satellite channel Press TV reports on its Web site Sunday.

Iran Oil Min: South Pars Phases 9, 10 Will Soon Be Operational

Δευ, 29 Δεκεμβρίου 2008 - 13:19

Iran's oil minister said Saturday that phases nine and ten of the South Pars natural gas field will become operational in the near future, the oil ministry's Shana news web site reports.