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Turkish President Gul Begins 4-Day Visit To Russia Thu

Turkish President Gul Begins 4-Day Visit To Russia Thu

ANKARA (AFP)--Turkish President Abdullah Gul will pay a four-day visit to Russia starting Thursday in a bid to boost political and economic ties, his office said Wednesday.

Iran Denies Cypriot-flagged Ship Carrying Arms To Gaza

Iran Denies Cypriot-flagged Ship Carrying Arms To Gaza

TEHRAN (AFP)--Iran denied Wednesday that a ship being detained by Cypriot authorities reportedly on requests by the U.S. and Israel was carrying weapons to the Hamas-ruled Gaza Strip

Iran Foreign Minister Visits Baghdad For Talks  with Respect

Iran Foreign Minister Visits Baghdad For Talks with 'Respect'

BAGHDAD (AFP)--Iranian Foreign Minister Manouchehr Mottaki flew in to Baghdad Wednesday for talks with his Iraqi counterpart Hoshyar Zebari on boosting links between their two states, a foreign ministry official said

Gazprom Nefts Executive Named New CEO Of Serbias NIS

Gazprom Neft's Executive Named New CEO Of Serbia's NIS

MOSCOW (Dow Jones)--Russia's Gazprom Neft(SIBN.RS), the oil-arm of Russian gas monopoly OAO Gazprom (GAZP.RS), said that the company's Kirill Kravchenko has been appointed the new chief executive of Serbian oil monopoly NIS.

Saudi Oil Min: Renewables Push Could Create Energy Havoc

Saudi Oil Min: Renewables Push Could Create Energy Havoc

HOUSTON (Dow Jones)--The world will eventually transition its way out of fossil fuels, but forcing the change too quickly could hamper investment in the oil sector" and create a "nightmare scenario of diminishing energy supplies," Saudi Oil Minister Ali al-Naimi said late Tuesday.

IEA’s Tanaka : Energy Sector Must Remain Focused On Investment

IEA’s Tanaka : Energy Sector Must Remain Focused On Investment

HOUSTON (Dow Jones)--Executive Director of the International Energy Agency, Nobuo Tanaka, said Tuesday that the energy sector must, and governments must, invest to ensure future energy supplies and control emissions

E.ON No Longer Expects Russia Ops To Bring EUR1B Ebitda By 11

E.ON No Longer Expects Russia Ops To Bring EUR1B Ebitda By '11

FRANKFURT (Dow Jones)--E.ON AG (EOAN.XE) Tuesday said it no longer expects its Russian operations to contribute EUR1 billion in earnings before interest, taxes, depreciation and amortization in 2011.

Greek PPC Wont Raise Electricity Tariffs In 09 - Min

Greek PPC Won't Raise Electricity Tariffs In 09 - Min

Greece's 51% state-owned electricity utility Public Power Corp. SA (PPC.AT) won't increase tariffs this year, due to the economic downturn and lower oil prices, Development Minister Costis Hatzidakis said Tuesday

Victoria Oil & Gas: Kazakhstan Supreme Court Refuses Appeal

Victoria Oil & Gas: Kazakhstan Supreme Court Refuses Appeal

LONDON (Dow Jones)--Oil and gas company Victoria Oil & Gas PLC (VOG.LN) Tuesday said the Kazakhstan courts have refused to hear its appeal against a claim brought against its Kazakh unit over its Kemerkol license

Total:Pact With Libyas NOC To Renew EPSAs At Blocks C17,C137

Total:Pact With Libya's NOC To Renew EPSAs At Blocks C17,C137

French oil major Total SA (TOT) announced Tuesday the signature of a Memorandum Of Understanding, or MOU, with Libya's National Oil Corporation, or NOC, converting the existing Petroleum Contracts covering the Blocks C17 and C137, operated by its subsidiary Mabruk Oil Operations, to EPSA IV format.

Lukoil Gets EUR1 Billion Loan From Gazprombank

Lukoil Gets EUR1 Billion Loan From Gazprombank

MOSCOW (Dow Jones)--Russia's No. 2 oil producer OAO Lukoil Holdings (LKOH.RS) Tuesday said it had received a three-year loan for EUR1 billion from state-owned Gazprombank