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Ukraine, Russia Set For New Gas Talks

Ukraine, Russia Set For New Gas Talks

A delegation from Ukraine's state gas company Naftogaz is to hold talks Tuesday in Moscow with Russian energy giant OAO Gazprom (GAZP.RS) on clearing Ukraine's massive gas debt, a government source said.

Iraq 09 Oil Exports May Fall 13% Vs 08

Iraq 09 Oil Exports May Fall 13% Vs 08

Iraq oil exports could fall by as much as 13% next year as maintenance problems and labor shortages undermine the country's export capacity, a senior Iraqi oil official said Tuesday, in a development that would further frustrate state spending on the country's redevelopment.

Russia,Norway,Mexico Must Join OPEC Or Cut Output

Russia,Norway,Mexico Must Join OPEC Or Cut Output

Algerian Oil Minister Chakib Khelil, the current president of the Organization of Petroleum Exporting Countries, on Tuesday urged Russia, Norway and Mexico to join or cut their crude production to show solidarity with the group.

Edison Wins Egypt Abu Qir Gas Field Tender In $3.1B Deal

Edison Wins Egypt Abu Qir Gas Field Tender In $3.1B Deal

Edison SpA (EDN.MI), one of Italy's largest energy companies, said Tuesday it won the tender for Egypt's Abu Qir natural gas field in a deal worth $3.1 billion, allowing it to reach its gas supply targets.

Turkmenistan Signals Openness To New Gas Export Routes

Turkmenistan Signals Openness To New Gas Export Routes

Energy-rich Turkmenistan hopes to find new export routes for its natural gas, its president said Friday, in a sign that the central Asian country may be seeking to lower its dependence on Russia.

German Foreign Min Urges West To Engage With Russia

German Foreign Min Urges West To Engage With Russia

The West should seek to influence Russia through engagement rather than trying to contain or punish Moscow, Germany's foreign minister said in an interview published Monday.

Russias Gazprom Warns Ukraine To Clear Gas Debts

Russia's Gazprom Warns Ukraine To Clear Gas Debts

Russian energy giant Gazprom (GAZP.RS) said Sunday that Ukraine had paid only part of its huge gas debt and threatened Kiev with a more than double price hike unless all arrears were cleared this year.

Turkey Ctrl Bk: Lower Oil, Commodity Prices To Slow CPI

Turkey Ctrl Bk: Lower Oil, Commodity Prices To Slow CPI

The Turkish Central Bank said Monday that sharp falls in oil and commodity prices will cause inflation to slow in the upcoming period, the Ihlas News Agency, or IHA, reported.

Russia, Greece Agree To Speed Up Joint Energy Projs

Russia, Greece Agree To Speed Up Joint Energy Projs

Russia and Greece have agreed to speed up implementation of the Burgas-Alexandrupolis and South Stream projects, Greek Development Minister Christos Folias said Friday following a meeting with Russian Deputy Energy Minister Anatoly Yanovksy, news agency Prime-Tass reported Friday.

BP:In Talks To Sell CPC Oil Pipe Stake To Lukoil, KazMunaiGas

BP:In Talks To Sell CPC Oil Pipe Stake To Lukoil, KazMunaiGas

A BP PLC (BP) spokesman said Friday the company is in talks to sell its stake in the Caspian Pipeline Consortium to Russian oil company Lukoil Holdings (LKOH.RS) or state-owned Kazakh energy company KazMunaiGas.

Iran Oil Min: OPEC May Decide Oil Output Cut In December

Iran Oil Min: OPEC May Decide Oil Output Cut In December

OPEC will assess oil-market conditions when it meets Saturday in Cairo, but the group may delay a final decision on whether to further reduce oil output until it meets again next month in Algeria, Iranian oil minister Gholam Hossein Nozari said Friday.

Enel Weighs Sale Of Natural-Gas Grid Stake

Enel Weighs Sale Of Natural-Gas Grid Stake

Italy's biggest utility by revenue, will soon try to sell a controlling stake in its Italian natural-gas grid, a person familiar with the matter said.