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Russian Pres Criticizes EU Stand On Georgia

Russian Pres Criticizes EU Stand On Georgia

Russian President Dmitry Medvedev Tuesday criticized what he called the European Union's failure to understand Russian motives for going to war in Georgia.

Russian Embassy In Georgia Shut Down

Russian Embassy In Georgia Shut Down

Russia and Georgia have shut their embassies in each other's capitals following Tbilisi's decision to cut diplomatic ties with Moscow, officials and news agencies said Wednesday.

Russia Says Will Complete Iran Nuclear Plant

Russia Says Will Complete Iran Nuclear Plant

The Russian company building Iran's first nuclear power plant has renewed a commitment to complete the project, the official IRNA news agency reported Tuesday.

Iran Begins Oil Export From Bahregansars New Platforms

Iran Begins Oil Export From Bahregansar's New Platforms

New platforms at Iran's Bahregansar oilfield have come on stream and oil from the field is being exported to world markets, the oil ministry's official Shana Web site reported Tuesday, citing a senior Iranian Offshore Oil Company official.

Iran & Oman To Hold Energy Talks Next Week

Iran & Oman To Hold Energy Talks Next Week

Iran and Oman will hold talks next week in Tehran on energy cooperation between the two countries, the state Irna news agency reported Tuesday, citing the Iranian oil minister.

Russia Aug Oil Output 9.82M B/D, -0.9% On Yr

Russia Aug Oil Output 9.82M B/D, -0.9% On Yr

Russia produced an average of 9.82 million barrels a day of crude oil and condensate in August, the news agency Interfax reported Tuesday, citing Ministry of Industry and Energy statistics.

Rosneft Expects 2008 Production Growth Of 9% ROSN.RS

Rosneft Expects 2008 Production Growth Of 9% >ROSN.RS

Russia's biggest oil producer OAO Rosneft (ROSN.RS) expects 2008 production to increase by 9% compared with last year, the company's head of production Mikhail Stavsky said Wednesday.

TNK-BP, BP Separately Eye Oil, Gas In Turkmenistan

TNK-BP, BP Separately Eye Oil, Gas In Turkmenistan

BP PLC's (BP) Russian joint venture TNK-BP Holding (TNBP.RS), which is locked in a shareholders' conflict, is in talks with the government of Turkmenistan on possibly developing oil and gas fields in the north of the country, people familiar with the matter told Dow Jones Newswires Monday.

Russia, Uzbekistan Agree On Gas Pricing

Russia, Uzbekistan Agree On Gas Pricing

Russia has reached an agreement with the central Asian country of Uzbekistan on key pricing principles for imports of natural gas, the Interfax news agency said Tuesday citing Russian Prime Minister Vladimir Putin.

Cheney Heads To Ex-Soviet Nations In Show Of Support

Cheney Heads To Ex-Soviet Nations In Show Of Support

U.S. Vice President Dick Cheney departs Tuesday on a four-nation tour to support U.S. allies Georgia and Ukraine amid a chill in relations with Russia over its military conflict with Georgia.

South Ossetia Aims To Join Russia

South Ossetia Aims To Join Russia

Georgia's separatist region of South Ossetia plans to become part of Russia and will host Russian military bases, the rebel leader Eduard Kokoity told journalists Monday.

Russian Newspapers Hail Victory After EU Summit

Russian Newspapers Hail Victory After EU Summit

Russian newspapers on Tuesday hailed a victory for Moscow after the European Union froze talks on closer ties until Russian troops withdraw from Georgia but stopped short of imposing economic sanctions.

Iran Oil Min: OPEC Must Control Excess Oil Supplies

Iran Oil Min: OPEC Must Control Excess Oil Supplies

Iran's oil minister said Tuesday the Organization of Petroleum Exporting Countries needs to "control" excess crude oil supplies, the state news agency Irna reported.

RWE Seeks German Offshore Wind Park Capacity Of 1Gw By 2012

RWE Seeks German Offshore Wind Park Capacity Of 1Gw By 2012

RWE AG (RWE.XE) said Tuesday it is stepping up efforts to increase its footprint in the lucrative renewables energy market by investing in offshore wind power generation projects in its home market Germany.

Romanias Transelectrica May Float 10% In Spring

Romania's Transelectrica May Float 10% In Spring

Romanian power grid Transelectrica (TEL.RO) is considering listing another 10% of its shares on the Bucharest Stock Exchange next year in the spring, news agency Mediafax reported the head of the company's business development department, Razvan Purdila, as saying Tuesday.