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Cause Of BTC Oil Pipe Explosion Still Unknown-Botas

Cause Of BTC Oil Pipe Explosion Still Unknown-Botas

LONDON (Dow Jones)--The cause of the explosion and fire in Turkey that shut down the 1 million barrel a day Baku-Tbilisi-Ceyhan oil pipeline last week is still unknown, said a spokesman for Botas International Ltd., the operator of the Turkish part of the pipeline.

Fragile Truce In Russia-Georgia Conflict

Fragile Truce In Russia-Georgia Conflict

A fragile peace between Russia and Georgia seemed to be holding on Thursday even as explosions rocked the strategic Georgian town of Gori, and Moscow and Tbilisi traded accusations of ceasefire violations

Transneft Ready To Up Vols Through Baku-Novorossiysk Oil Pipe

Transneft Ready To Up Vols Through Baku-Novorossiysk Oil Pipe

MOSCOW (Dow Jones)--Russia is ready to increase throughput at the Baku-Novorossiysk pipeline to between 240,000 and 250,000 metric tons of oil per month, or about 60,000 barrels per day, a Russian government official said Thursday.

Regulator calls for gas price ceiling

Regulator calls for gas price ceiling

Greece’s energy regulator RAE has recommended the imposition of a price ceiling on gasoline sold at fuel stations on some of the country’s islands in a bid to stamp out profiteering in the sector.

BP Azerbaijan Restarts Gas Exports Into S Caucasus Pipe -Co

BP Azerbaijan Restarts Gas Exports Into S Caucasus Pipe -Co

LONDON (Dow Jones)--The BP PLC (BP) operated Shah Deniz gas field in Azerbaijan has restarted exporting gas into the South Caucasus Pipeline after it was shut down as precaution during the Russia-Georgia conflict, a BP spokesman said Thursday.

Russian Forces Refusing To Leave Gori - Georgian Official

Russian Forces Refusing To Leave Gori - Georgian Official

TBILISI, Georgia (AFP)--Russian forces have "changed their mind" about leaving the flashpoint Georgian town of Gori and aren't withdrawing, a Georgian interior ministry spokesman told AFP Thursday.

Russian Deputy PM Seeks End To Gazprom Export Monopoly-Report

Russian Deputy PM Seeks End To Gazprom Export Monopoly-Report

MOSCOW (Dow Jones)--Russia's top energy official, Deputy Prime Minister, Igor Sechin supports legislation that would end OAO Gazprom's (GAZP.RS) monopoly on the export of the country's, business daily Vedomosti reported Thursday citing a senior official at the Federal Anti-Monopoly Service.

WSJ:  Raids Suggest Russia Targeted Energy Pipelines

WSJ: Raids Suggest Russia Targeted Energy Pipelines

A neat row of large craters in a field in southern Georgia strongly suggests that Russia dropped bombs near oil and gas pipelines bringing fuel to the West. Georgian officials say Russian warplanes dropped bombs in an early Saturday raid close to the Baku-Tbilisi-Ceyhan pipeline, which pumps some 850,000 barrels of crude a day from Azerbaijan to the Mediterranean port of Ceyhan.

US Energy Official Upbeat On Oil Stocks Talks With China

US Energy Official Upbeat On Oil Stocks Talks With China

The U.S. is seeing progress in talks with China over the country's management of its strategic petroleum stocks and officials are upbeat on energy policy talks planned for October, a senior energy department official said Wednesday.

Ukraine Puts New Limits On Russian Black Sea Fleet

Ukraine Puts New Limits On Russian Black Sea Fleet

Ukrainian President Viktor Yushchenko on Wednesday signed a decree imposing new restrictions on Russia's Black Sea fleet, which is based in the Ukrainian port of Sevastopol, the presidency said.

Intl Community Abandons Georgia - Georgian Foreign Min

Intl Community Abandons Georgia - Georgian Foreign Min

BRUSSELS (AFP)--Georgia's Foreign Minister Eka Tkeshelashvili on Wednesday criticized the international community's response to Russia's military action, saying Tbilisi had been abandoned.

Russian Condemns Ukraine Move On Black Sea Fleet - Ministry

Russian Condemns Ukraine Move On Black Sea Fleet - Ministry

MOSCOW (AFP)--Russia on Wednesday condemned Ukraine's decision to impose restrictions on Russia's Black Sea fleet, describing it as a "new anti-Russian step," the Foreign Ministry said in a statement.

Russia: US Must Choose Georgia Or Partnership With Russia-Report

Russia: US Must Choose Georgia Or Partnership With Russia-Report

MOSCOW (AFP)--The United States must choose between supporting the Georgian leadership or maintaining a partnership with Russia on international issues, Foreign Minister Sergei Lavrov was quoted as saying Wednesday by Interfax news agency

Bush Has Serious Questions On Russia In Georgia

Bush Has 'Serious Questions' On Russia In Georgia

U.S. President George W. Bush called on Russia to pull its military out of Georgia, saying he is concerned by reports that the Kremlin isn't living up a provisional cease-fire and warning that Russia's relations with the U.S. and Europe are at risk.