English Edition

Bulgaria Struggles To Adapt As Gas Cut Runs Into Third Day

Παρ, 9 Ιανουαρίου 2009 - 14:23

Bulgaria struggled to adapt to the gas shortage Thursday as a total cut in Russian deliveries, on which it is entirely dependent for its natural gas needs, ran into a third day.

Ukraine Signs Deal With EU On Gas Monitors

Πεμ, 8 Ιανουαρίου 2009 - 18:15

Ukraine has signed an agreement with the European Commission inviting independent monitors to verify Russian gas shipments to Europe, an official with Kiev's delegation to the E.U. said Thursday.

Russia, Ukraine Restart Talks over Natural Gas Prices Dispute

Πεμ, 8 Ιανουαρίου 2009 - 15:52

The Presidents of Russia and the Ukraine conducted a telephone conversation late Wednesday night at Ukraine's initiative. Russia's President Dmitry Medvedev has pointed out that it was not Moscow who terminated the negotiations, and that Russia was ready to resume them any time, according to the statement of the Kremlin press service as quoted by ITAR-TASS.

Balkan countries hit hard by Russian cessation of natural gas supplies

Πεμ, 8 Ιανουαρίου 2009 - 15:48

Thousands of Bulgarians spent a freezing night without central heating, and some companies and schools did not operate yesterday after Russian gas supplies were halted to Southeastern Europe. About 12,000 households in Bulgaria's third-largest city of Varna, on the Black Sea, and 3,800 in the northeastern town of Razgrad have been left in the cold because utilities need time to switch to alternative fuels, municipal officials said.

Household Gas Supplies not at Risk from Dispute

Πεμ, 8 Ιανουαρίου 2009 - 15:45

Greek households face no immediate problems in receiving gas supplies after a halt in Russian pipeline deliveries, gas company DEPA said yesterday. Russian gas supplies to Bulgaria, Turkey, Greece and the Former Yugoslav Republic of Macedonia were cut at the Ukrainian-Romanian border late on Monday following a price dispute between Russia and Ukraine.

EU Looks To Alternative Sources Of Natural Gas

Πεμ, 8 Ιανουαρίου 2009 - 13:55

As Europe counts the cost of Russia's latest gas shut-off, there are signs it could give a boost to alternative sources of gas that currently play a minor role in the Continent's energy balance.

Iraq's 2008 Crude Oil Exports Up 13.5% On 2007

Πεμ, 8 Ιανουαρίου 2009 - 13:48

Iraq's crude oil exports averaged 1.85 million barrels a day in 2008, some 13.5% more than in 2007, the head of the country's State Oil Marketing Organization, or SOMO, said Wednesday.

Gas Crisis Freezes Economies In Balkans, Turkey

Πεμ, 8 Ιανουαρίου 2009 - 13:46

Southeastern Europe, already in the clutches of the global credit crunch, is likely to pay the highest price for the spat between Russia and Ukraine over gas deliveries.

EU's Solana In Turkey For Gaza Talks

Πεμ, 8 Ιανουαρίου 2009 - 13:43

European Union foreign policy chief Javier Solana was in Turkey Thursday for talks on the Gaza conflict and the situation in the region, the Turkish foreign ministry said.

Russia, Ukraine Gas Chiefs Hold Talks On Gas Crisis

Πεμ, 8 Ιανουαρίου 2009 - 13:42

The heads of Russia's OAO Gazprom (GAZP.RS) and Ukraine's state gas company Naftogaz held talks in the Russian capital overnight Thursday on ways to end their gas crisis, news reports said, the first time they met since Moscow cut gas to Kiev.

Czech PM: EU To Push For Nord Stream, South Stream, Nabucco

Πεμ, 8 Ιανουαρίου 2009 - 13:41

Czech Prime Minister Mirek Topolanek said Wednesday that the European Union will push for diversifying gas shipment routes in future as transit via Ukraine poses an energy security risk for the E.U.

Norway Oil Body Warns On Invest, Says Drilling Up On Yr In 08

Πεμ, 8 Ιανουαρίου 2009 - 13:39

Oil and gas exploration well drilling in Norway rose 75% in 2008 versus 2007, with just under half of the 56 wells drilled yielding a discovery, the country's petroleum directorate, or NPD, said Thursday, as it warned that dramatically lower oil prices present a challenge for investment.

Gazprom Says Will Try To Find Mutually Acceptable Solution

Πεμ, 8 Ιανουαρίου 2009 - 12:54

Russian natural gas monopoly OAO Gazprom (GAZP.RS) Thursday said it will try to find a "mutually acceptable solution" to its ongoing feud with Ukrainian gas company Naftogaz.