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OIL FUTURES: Nymex Crude Down On Econ,Weather; OPEC Weighs In

OIL FUTURES: Nymex Crude Down On Econ,Weather; OPEC Weighs In

Crude oil futures fell Monday in Asia as traders pocketed earlier gains, reacting to Friday's weak U.S. jobs data and warmer temperatures in the country's Northeast, the leading demand center for winter heating fuels.

Eni CEO, Tunisia PM Meet To Discuss Planned Gas Pipe,2 Fields

Eni CEO, Tunisia PM Meet To Discuss Planned Gas Pipe,2 Fields

ROME (Dow Jones)--Eni SpA (E), Italy's biggest oil and natural gas company by revenue, said Friday Chief Executive Paolo Scaroni met with Tunisia's Prime Minister Mohamed Ghannouchi to discuss the future of the planned Transmed gas pipeline, as well as the development of two oil and gas fields.

Oinofyta Still has Bad Water

Oinofyta Still has Bad Water

A consumer protection group has taken legal action against municipal authorities in Oinofyta, north of Attica, after they failed to honor a promise to replace toxic drinking water in the area with a clean supply.

Iraq Awards Over 2M Bbl Kirkuk Oil In Last Tender -Official

Iraq Awards Over 2M Bbl Kirkuk Oil In Last Tender -Official

AMMAN (Dow Jones)--Iraq's State Oil Marketing Organization, or SOMO awarded over 2 million barrels of Kirkuk crude oil in its 13th and final tender for 2007, a senior Iraqi oil official said Friday.

Boost for Green Lessons at Schools

Boost for Green Lessons at Schools

The Education Ministry has decided to make a priority of improving teaching about the environment at schools as green issues begin to take on more importance in Greece, sources said yesterday.

WSJ Editorial: Oil And The Dollar

WSJ Editorial: Oil And The Dollar

Oil prices finally hit $100 a barrel this week, albeit briefly, but breaking through that symbolic barrier is ominous and higher gasoline prices are sure to follow. Supply disruptions in various places and surging demand in China and India are part of the explanation for this decade's upward trend in oil prices. But perhaps the biggest factor has been largely overlooked: the decline in the value of the dollar

Gaz De France Spins Off Natural Gas Distribution Activities

Gaz De France Spins Off Natural Gas Distribution Activities

PARIS (Dow Jones)--French gas utility Gaz de France (1020848.FR) said Thursday it has spun off its natural gas distribution activities into a new fully consolidated subsidiary, Gaz reseau Distribution France, in compliance with the law.

Bush: Israeli-Palestinian Peace Possible Within Year

Bush: Israeli-Palestinian Peace Possible Within Year

JERUSALEM (AP)--U.S. President George W. Bush is optimistic Israelis and Palestinians can reach an agreement before he leaves office in a year's time, Bush said in a newspaper interview published Friday ahead of his arrival in the region next week.

Czech PM: Govt Undecided On Level Of CEZ Share Sale - Report

Czech PM: Govt Undecided On Level Of CEZ Share Sale - Report

PRAGUE (Dow Jones)--The Czech government has yet to make a final decision about whether it will seek additional revenues from a selldown of its stake in power company CEZ AS (BAACEZ.PR), the country's prime minister said in a newspaper interview published Friday.

Ukraines Naftogaz In Technical Default, State Will Help

Ukraine's Naftogaz In Technical Default, State Will Help

LONDON (Dow Jones)--The Ukrainian government has undertaken to provide state guarantees for debt payments to creditors by state-run gas supplier Naftogaz, which is in technical default on its $500 million 2009 Eurobond, Prime Minister Yulia Timoshenko said.

Gazprom Eyes 10% Of French Gas Market In 4-5 Years

Gazprom Eyes 10% Of French Gas Market In 4-5 Years

PARIS (Dow Jones)--Russian gas monopoly OAO Gazprom (GAZP.RS) aims to take 10% of the French gas market in the next four or five years, its Deputy Chairman Alexander Medvedev told French daily La Tribune in an interview published Thursday.