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Czechs To Take Over EU Helm From France

Czechs To Take Over EU Helm From France

The CzechRepublic takes over the rotating European Union presidency from France on Thursday with several big issues to deal with, including a looming dispute over gas supplies with Russia.

Too Early To Say Russia-Ukraine Gas Row Over

Too Early To Say Russia-Ukraine Gas Row Over

Russian state-run gas giant OAO Gazprom (GAZP.RS) said Tuesday it was still awaiting payment from Ukraine and it was "too early" to say their current gas dispute was resolved.

Ukraine Has Made Gas Debt Payment To Russia

Ukraine Has Made Gas Debt Payment To Russia

Ukraine has paid its $1.5 billion debt for Russian gas delivered in November and December, state gas company Naftogaz told AFP Tuesday, trying to defuse a New Year showdown with gas giant OAO Gazprom (GAZP.RS).

Israel Continues Gaza Strikes; Ceasefire Pressure Grows

Israel Continues Gaza Strikes; Ceasefire Pressure Grows

Israel continued its aerial bombardment of Hamas targets in the Gaza Strip Tuesday, as international pressure for a ceasefire mounted and Israeli officials warned operations against the militant group were only just beginning.

OPEC Seen Pumping 400,000 B/D Less In Dec Vs Nov

OPEC Seen Pumping 400,000 B/D Less In Dec Vs Nov

The Organization of Petroleum Exporting Countries' 11 members subject to output quotas lowered oil production by about 400,000 barrels a day in December signaling greater compliance to boost crude prices, tanker tracker Petrologistics said Tuesday.

12 Cos Interested In Enels Majority Stake In Gas Grid-Source

12 Cos Interested In Enel's Majority Stake In Gas Grid-Source

Enel SpA (ENEL.MI), Italy's biggest utility by market value, received 12 expressions of interest for a majority stake in its local natural gas distribution network in a deal worth more than EUR1 billion, a person familiar with the matter said Tuesday.

Turkey To Consider Pwr Price Offer For Nuclear Plant

Turkey To Consider Pwr Price Offer For Nuclear Plant

Turkish power provider TETAS on Jan. 19 will start considering an electricity price offer from a Russian-led consortium, the sole bidder in a tender to build and operate Turkey's first nuclear power station, a TETAS official told Ihlas News Agency, or IHA, on Thursday.

Iraq Raises Kirkuk Oil Price To Jordan By $4

Iraq Raises Kirkuk Oil Price To Jordan By $4

Iraq's State Oil Marketing Organization, or SOMO, has raised the official selling price of its Kirkuk crude destined for Jordan by $4, an Iraqi oil official said Sunday.

Iran OPEC: Consumer Nations Want To Keep Oil Price Low

Iran OPEC: Consumer Nations Want To Keep Oil Price Low

Iran's governor to the Organization of Petroleum Exporting Countries said consumer countries do not want the price of oil to rise and efforts by OPEC to balance supply and demand have been ineffective because of Western media and market speculators, Iran's English-language satellite channel Press TV reports on its Web site Sunday.

Iran Builds First Solar Power Station

Iran Builds First Solar Power Station

Iran has built the country's first solar power station, the semi-official Fars News Agency reported Sunday evening, citing the Islamic republic's Energy Minister.

StatoilHydro: Cant Up Output If Gazprom Halts Gas Deliveries

StatoilHydro: Can't Up Output If Gazprom Halts Gas Deliveries

Europe's second-largest gas distributor after Gazprom (GAZP.RS), Norway's StatoilHydro (STO), said Saturday it will not be able to up production if the Russian giant halts deliveries to Ukraine or the E.U.

E.ON To Offer Gas Storage To Gazprom In Hungary - Report

E.ON To Offer Gas Storage To Gazprom In Hungary - Report

E.On Foldgaz Storage, the Hungarian unit of German energy giant E.ON AG (EOAN.XE) is ready to offer natural gas storage facilities to Russia's OAO Gazprom (GAZP.RS) for the planned gas pipeline South Stream's Hungarian section, national daily Nepszabadsag says Monday without naming sources.