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Russian Army Says Georgian Troops Standing Down

Russian Army Says Georgian Troops Standing Down

MOSCOW (AFP)--Georgian forces are returning to their permanent bases and fulfilling a condition demanded by Moscow for a halt to fighting in Georgia, a senior Russian commander said Friday.

Russia Concerned At US-Poland Missile Deal Timing - Report

Russia Concerned At US-Poland Missile Deal Timing - Report

MOSCOW (AFP)--The timing of a U.S.-Poland missile defense deal announced this week amid the crisis in Georgia indicates the system is aimed at Russia, Interfax news agency quoted a foreign ministry source as saying Friday.

GdF Suez: $232M Bid Won Turkey Izmit Gas Tender

GdF Suez: $232M Bid Won Turkey Izmit Gas Tender

Franco-Belgian utility GdF Suez (GSZ.FR) Thursday said it won a tender to buy Izgaz, the gas distribution company of Turkey's northwestern industrial city of Izmit, with a bid of $232 million.

BP To Appeal Russia Ruling To Ban TNK-BP CEO Dudley

BP To Appeal Russia Ruling To Ban TNK-BP CEO Dudley

LONDON (Dow Jones)--BP PLC (BP) plans to appeal a decision by a Moscow labor court to ban the chief executive of its Russian joint venture TNK-BP Holding (TNBP.RS) from holding executive office in Russia for two years, a BP spokesman said.

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.