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DJ 2nd UPDATE: Kurdish Official:Turkish Troops Enter N Iraq -AFP

Τρι, 18 Δεκεμβρίου 2007 - 02:31

ARBIL, Iraq (AFP)--Turkish troops entered northern Iraq early Tuesday to flush out separatist Kurdish rebels, Jabbar Yawar, spokesman for the Iraqi Kurdish peshmerga security force, told AFP. The operation is the first reported ground incursion by the Turkish military inside Iraq since tension between Ankara and Baghdad erupted over the Kurdish rebel issue in October.

Gazprom Starts Production At Yuzhno-Russkoye Field

Τρι, 18 Δεκεμβρίου 2007 - 02:26

MOSCOW (Dow Jones)--Russian natural gas monopoly OAO Gazprom (GAZP.RS) Tuesday said it has begun production at the Yuzhno-Russkoye gas field, which is expected to be the source for the Nord Stream pipeline project to Europe.

DJ OMV Buys 5% Stake In Planned LNG Terminal;Operational In 2011

Τρι, 18 Δεκεμβρίου 2007 - 02:23

VIENNA (Dow Jones)--Austrian oil and gas company OMV AG (OMV.VI) said Tuesday its gas-handling unit OMV Gas International GmbH has acquired a 5% equity stake in a planned liquified natural gas terminal in the Dutch city of Rotterdam.

DJ CEZ May Take Only 7% Stake In MOL In Share Deal - Newspaper

Τρι, 18 Δεκεμβρίου 2007 - 02:21

PRAGUE (Dow Jones)--Czech power company CEZ AS (BAACEZ.PR) may buy a 7% stake in Hungarian gas and oil company MOL Nyrt. (MOL.BU), down from earlier plans to buy up to 10%, newspaper Hospodarske Noviny reports Tuesday.

DJ UPDATE: US Secy Of State Rice Makes Unannounced Kirkuk Visit

Τρι, 18 Δεκεμβρίου 2007 - 02:19

KIRKUK, Iraq (AP)--U.S. Secretary of State Condoleezza Rice made an unannounced visit Tuesday to the city that Iraq's Kurds call their Jerusalem, an oil-rich territory claimed by many where the U.S. says it sees new signs of cooperation and progress.

Gasunie,Vopak Each Take 25% Stake, Essent 50% In LNG Deal

Τρι, 18 Δεκεμβρίου 2007 - 02:16

AMSTERDAM (Dow Jones Newswires)--N.V. Nederlandse Gasunie (NEG.YY) and Koninklijke Vopak N.V. (39300.AE) have agreed with Essent N.V. (ESS.YY) to further develop the Eemshaven LNG project, the companies said Tuesday in a press release

Turkey OIB:Prequalified Cos In Elec Grid Sale Still Valid-IHA

Δευ, 17 Δεκεμβρίου 2007 - 07:39

The chairman of Turkey's Privatization Agency, or OIB, said Monday that the companies to have prequalified to bid in the country's delayed privatization tender for the right to operate a series of electricity distribution grids are still entitled to participate in the process, the Ihlas News Agency, or IHA, reported.

E.ON,Gazprom Have Breakthrough, Questions Remain

Δευ, 17 Δεκεμβρίου 2007 - 07:36

Dow Jones E.ON's (EOA.XE) announcement it has reached an agreement with Gazprom (GAZP.RS) over an asset swap, that will grant it a stake in giant gas field Yuzhno Russkoye, is a breakthrough, says Sal.

It's too late for later

Δευ, 17 Δεκεμβρίου 2007 - 04:03

The negotiators at the UN climate conference here in Bali came from almost 200 countries and spoke almost as many languages, but driving them all to find a better way to address climate change was one widely shared, if unspoken, sentiment: that "later" is over for our generation.

Russia lays out view of Benefits of Interdependence on Energy Networks

Δευ, 17 Δεκεμβρίου 2007 - 03:54

Prime Minister Costas Karamanlis arrives in Moscow today for talks with President Vladimir Putin focusing on energy issues, particularly progress in the construction of the long-delayed Burgas-Alexandroupolis oil pipeline, and Greece’s participation in the South Stream natural gas pipeline, which is a joint Russian-Italian initiative.