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Romania-Ukraine Black Sea Oil, Gas Dispute Reaches ICJ

Romania-Ukraine Black Sea Oil, Gas Dispute Reaches ICJ

A decades-long dispute between Romania and Ukraine over boundaries in a hydrocarbon-rich zone of the Black Sea entered a new phase Tuesday when it came before the U.N.'s highest court in The Hague.

Azerbaijan-Iran Crude Swap Deal Reaches 10,000 B/D

Azerbaijan-Iran Crude Swap Deal Reaches 10,000 B/D

Azerbaijan is exporting up to 10,000 barrels a day of crude oil through Iran's Caspian port at Neka since last week after alternative routes were disrupted due to the conflict between Georgia and Russia, the oil ministry's official Shana Web site reported Saturday.

Putin: Russia To Diversify, Not Limit Energy Exports To EU

Putin: Russia To 'Diversify,' Not Limit Energy Exports To EU

Russia has no intention of limiting oil and gas exports to Europe, but rather it will "diversify" them, Prime Minister Vladimir Putin said Sunday in an interview ahead of an emergency E.U. summit on Georgia.

Hard For EU To Continue Partnership Talks With Russia-Poland

Hard For EU To Continue Partnership Talks With Russia-Poland

It will be difficult for the European Union to hold partnership talks with Moscow as long as Russian troops remain in Georgia, Polish Foreign Minister Radoslaw Sikorski said ahead of a European summit Monday.

Turkey To Soon Resume Gas Talks With Iran

Turkey To Soon Resume Gas Talks With Iran

Turkey's Energy Minister and Minister of Foreign Affairs will soon travel to Iran to resume talks on cooperation in the energy and natural gas sectors, the oil ministry's official Shana Web site reported Monday, citing Iran's oil minister.

German Econ Min Mulls Creation Of National Gas Reserve

German Econ Min Mulls Creation Of National Gas Reserve

German Economics Minister Michael Glos is considering the creation of a national gas reserve in a bid to guarantee supply security in times when supply might be disrupted, Frankfurter Allgemeine Zeitung reported him as saying.

GDF Suez Exec:Not Worried About Supply Of Russian Gas

GDF Suez Exec:Not Worried About Supply Of Russian Gas

French power giant GDF Suez's (GSZ.FR) vice chairman Jean-Francois Cirelli said Thursday he doesn't think the diplomatic crisis between Russia and the European Union will endanger supplies of gas as the winter starts.

Russia May Restrict Oil Flow To The West

Russia May Restrict Oil Flow To The West

Fears are mounting that Russia may restrict oil deliveries to Western Europe over the coming days, in response to the threat of European Union sanctions and NATO naval actions in the Black Sea, the Daily Telegraph reported Friday.

Polish Pipeline, Refiners: No Disruptions In Supplies

Polish Pipeline, Refiners: No Disruptions In Supplies

Crude oil supplies from Russia to Poland aren't being disrupted, Polish oil pipeline operator PERN SA, oil refiners PKN Orlen SA (PKN.WA) and Grupa Lotos SA (LTS.WA) said Friday. "All deliveries are according to schedule, there are no signals showing that deliveries to Polish and German refiners might be reduced," a spokesman for the pipeline operator PERN SA, Roman Goralski told Dow Jones Newswires.