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Eni CEO, Russia Ministers Met Sun To Discuss Energy Projects

Eni CEO, Russia Ministers Met Sun To Discuss Energy Projects

Eni SpA (E) said Sunday its Chief Executive, Paolo Scaroni, met Russian ministers to discuss energy projects between Italy's biggest oil and natural gas company and the hydrocarbons-rich Eastern European country.

BG Grp, KazMunaiGas Sign Pact On Kazakh Oil, Gas Field Projs

BG Grp, KazMunaiGas Sign Pact On Kazakh Oil, Gas Field Projs

U.K.-based energy company BG Group PLC (BG.LN) and Kazakh state energy company KazMunaiGas signed an agreement Friday to study the oil and gas reserve potential of areas in Kazakhstan and other countries.

Yushchenko Pledges That Ukraine Will Pay Russia For Gas

Yushchenko Pledges That Ukraine Will Pay Russia For Gas

Ukraine will pay in full for its imports of natural gas, and also guarantees that Russian gas bound for Europe through Ukraine will be delivered, President Viktor Yushchenko told AFP Thursday.

Turkeys Anadolu Endustri To Build Power Plant In Sinop

Turkey's Anadolu Endustri To Build Power Plant In Sinop

Turkey's Anadolu Endustri Holding will build a coal-fired thermal power plant in the Black Sea coastal city of Sinop, Yazicilar Holding, a parent company of Anadolu Endustri, said Friday, the Ihlas News Agency, or IHA, reported.

Edison CEO: Turkey Wants 8BCM/Yr Out Of 12BCM Azeri Gas

Edison CEO: Turkey Wants 8BCM/Yr Out Of 12BCM Azeri Gas

Chief Executive Umberto Quadrino of leading Italian energy company Edison SpA (EDN.MI) said Turkey is demanding a large chunk of the natural gas Azerbaijan is offering, but he remains confident a deal can be worked out.

Iraq Oil Min Gives Mixed Signals On Kurdish Contracts

Iraq Oil Min Gives Mixed Signals On Kurdish Contracts

Iraqi Oil Minister Hussein al-Shahrastani gave mixed signals about a possible detente over oil contracts between the central government and the semi-autonomous Kurdish region Friday.

EU Offers Closer Ties With Former-Soviet States

EU Offers Closer Ties With Former-Soviet States

The European Commission Wednesday proposed closer ties with Ukraine, Georgia and other ex-Soviet states, but denied it was seeking a "sphere of influence" in former Soviet countries.

Slovakian Energy Co SPP Signs 20-year Gas Deal With Gazprom

Slovakian Energy Co SPP Signs 20-year Gas Deal With Gazprom

The largest Slovak gas company Slovensky plynarensky priemysel, or SPP, said Wednesday it had signed contracts for natural gas supplies for 2009-2028 with giant Russian gas producer OAO Gazprom (GAZP.RS).

Ukraines Gas Payments Hit By Hryvna Devaluation

Ukraine's Gas Payments Hit By Hryvna Devaluation

A sharp fall in Ukraine's currency has added $82 million to the country's bill for natural gas, imported from Russia, Ukraine's national gas company Naftogaz said Wednesday.

Cyprus Says Oil Row With Turkey Could Derail Peace Talks

Cyprus Says Oil Row With Turkey Could Derail Peace Talks

U.N.-led talks to reunify the Mediterranean island of Cyprus could be derailed by Turkey's obstruction of vessels searching for oil offshore, Cypriot President Demetris Christofias said in a letter made public on Wednesday.