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Saudi Oil Min: Global Oil Stocks Within Five-Year Range

Qatar Oil Min: Have To Take Lower IEA Projections Seriously

OAPEC Statement Not To Mention High Oil Prices, Elects New SG

Iran Foreign Min: UN Should End Nuclear Issue Involvement

LONDON (AP)--An 18-month attempt to persuade Iran to halt uranium enrichment collapsed Friday after a senior E.U. envoy failed to dent Iran's resolve to expand the technology, despite the threat of new U.N. sanctions.

Enel Signs Energy Cooperation Deal With France's EDF

Italian utility Enel SpA Friday said it reached an energy agreement with Electricite de France SA that will ultimately allow it become a strong competitor in the French market and gain stakes in future nuclear-run power facilities.

Greece Approves Higher PPC Tariffs From Dec 1

Greece's Development Ministry Friday approved a series of staggered tariff increases of up to 10% for electricity provider Public Power Corp. SA in a move to bring the utility's prices in line with its operating costs.

EdF Targets 15% Of Gas Market In 4 European Countries By 2015

French energy giant Electricite de France Friday said it is aiming for a share of around 15% of the natural gas market in France, the U.K., Germany and Italy by 2015.

IEA Head Says It May Embrace China, India, Brazil

PARIS (Dow Jones)--The International Energy Agency's plan to cooperate more closely with China and India over strategic oil stockpiles could lead to the two nations joining the body, as well as Brazil, the agency's Executive Director Nobuo Tanaka said in an interview Thursday.

EU-Iran Start Final Nuclear Talks As UN Sanctions Loom

LONDON (AFP)--The European Union's foreign policy chief and Iran's top nuclear negotiator held last-ditch talks on Tehran's nuclear plans Friday, but hopes of a breakthrough appeared slim amid a growing threat of new United Nations sanctions.

Slovak Police:Enriched Uranium Probe May Take Several Mos

UAE Detains Ship As Grip On Tehran Tightens

Standoff On Kazakhstan Oil

Talks between Kazakh authorities and a group of Western companies developing an oil field in the Caspian Sea have bogged down over a multibillion-dollar fine Kazakhstan wants to impose on the consortium. The slowdown sets the stage for a standoff over the future of one of the world's biggest oil projects.

Turkmenistan Gas Price Rises 50%

Russia has agreed to pay Turkmenistan up to 50% more for its gas, Russia's gas export monopoly, Gazprom, has said. Analysts say the increase will push up prices for Ukraine, which has had past disputes with Russia over gas supplies.