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Ukraine PM: Wont Pay Gazprom 2008 Prices For 07 Gas

Ukraine PM: Won't Pay Gazprom 2008 Prices For 07 Gas

Ukrainian Prime Minister Yulia Timoshenko Monday said state-run gas supplier Naftogaz Ukrainy owed Russian energy giant OAO Gazprom (GAZP.RS) $1.07 billion on Jan. 1 and won't pay 2008 prices for gas it received in November and December, Russian news agencies reported Monday.

Fastest Deployed UK Nuclear Reactor Design To Be Picked-Paper

Fastest Deployed UK Nuclear Reactor Design To Be Picked-Paper

The speed with which new nuclear power plants can be built will be key to the decision on which atomic reactor designs are selected for use in the U.K., The Times of London reports Monday, citing the government.

Iberdrola Asks Energy Regulator To Limit ACS Voting Rights

Iberdrola Asks Energy Regulator To Limit ACS Voting Rights

Iberdrola SA (IBE.MC) has asked the Spanish energy regulator CNE to limit the stake holding and voting rights of its top shareholder, Actividades de Construccion y Servicios SA (ACS.MC), after the latter held talks with Electricite de France SA (1024251.FR) about a potential joint bid for Iberdrola.

Iraqi President Welcomes Russian Decision To Write Off Debt

Iraqi President Welcomes Russian Decision To Write Off Debt

Iraqi President Jalal Talabani welcomed an expected Russian decision to write off 91% of Iraq's estimated $13 billion debt on Friday, saying it would be a "historic turning point" in relations between the two countries.

Russia, Poland Differ On Nord Stream Construction

Russia, Poland Differ On Nord Stream Construction

Russia and Poland differ in their views on the Nord Stream gas pipeline construction project, Polish Prime Minister Donald Tusk said after talks with his Russian counterpart Viktor Zubkov Friday.

DJ EdF Says It Has Held Talks With ACS About Iberdrola

DJ EdF Says It Has Held Talks With ACS About Iberdrola

Electricite de France (1024251.FR) said Friday it has held talks with Spanish construction company Actividades de Construccion y Servicios SA (ACS.MC) about a possible bid for Spanish electricity company Iberdrola SA (IBE.MC).

Russias UES: Will Accept Offers To Buy TGK-10 Until Feb 25

Russia's UES: Will Accept Offers To Buy TGK-10 Until Feb 25

Former electricity monopoly RAO Unified energy system of Russia (EESR.RS) said Friday it has set a Feb. 25 deadline for offers to buy its 82% stake in Russian regional generation company OAO TGK-10 (TGKJ.RS).

Lukoil Buys SoyuzNefteGaz Vostok, Gets Uzbek Fields License

Lukoil Buys SoyuzNefteGaz Vostok, Gets Uzbek Fields License

Russian oil major OAO Lukoil (LKOH.RS) Friday said it had reached an agreement with ZAO MGNK SoyuzNefteGaz to buy a controlling interest in a group of companies including SoyuzNefteGaz Vostok Ltd.

Ethanol Use Could Add To Greenhouse Gas Eemissions

Ethanol Use Could Add To Greenhouse Gas Eemissions

The widespread use of ethanol from corn could result in nearly twice the greenhouse gas emissions as the gasoline it would replace because of expected land-use changes, researchers concluded Thursday. The study challenges the rush to biofuels as a response to global warming.