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Putin's Aide Calls Gazprom Gas Export Monopoly 'Unshakeable'

The monopoly held by state-controlled Gazprom on the right to export Russian gas by pipeline was described as "unshakeable" by an aide to President Vladimir Putin on Wednesday.

Bogdanka CEO: Looking to New Coal Deposits

Polish coal miner Bogdanka hopes to bring on new coal deposits to boost output and help counter the impact of lower coal prices on its results, Chief Executive Officer Zbigniew Stopa said.

EU: Tie Arctic Russian Tech Help to Ukraine Crisis

The European Union should not give Russia technical help to develop Arctic oil and gas fields if Moscow does not help to defuse the Ukraine crisis, EU Energy Commissioner

Ukraine: EU Reverse Gas Lower on Gazprom Opposition

Ukrainian Energy Minister Yuri Prodan said on Wednesday reverse gas flows from the European Union to Ukraine had fallen because of opposition from Russian gas producer Gazprom.

MarkWest PA NatGas Plant Back in Service

MarkWest Energy Partners LP's Plant III at its Houston natural gas processing and fractionation complex in Washington County, Pennsylvania, has returned to service after nearly two months,

Freeport Earnings Flat, "Encouraged" in Indonesia

Freeport-McMoRan Inc on Wednesday reported second quarter earnings that were little changed from a year earlier, and said it is "encouraged" by its discussions with the government of Indonesia.

Unipetrol Nets Positive Impact from Rafinerska Acquisition

Czech oil processing company Unipetrol expects to book an up to 400 million crown ($19.64 million) positive impact from the pending acquisition of a 32.4 percent stake in Ceska Rafinerska from ENI,

EPA Chief in Senate Hearing over Carbon Rule

U.S. Environmental Protection Agency Administrator Gina McCarthy will field questions from lawmakers on Wednesday about the agency's plan to slash carbon pollution from power plants,

Europe's Wind Capacity Growing Slower Than Projections

EU's installed wind capacity to reach 192 GW by 2020; Rise of 64 pct from 2013 levels but below rate expected. Europe's installed wind capacity will increase

Brent Approaches $108 on Global Tensions

EU threatens new Russian sanctions; Euro slips to 8-month low vs U.S. dollar. U.S. crude stocks seen falling 2.8 mln barrels. Brent crude rose towards $108 a

Ruling in Yukos Suit Expected Monday

A group of shareholders in Yukos expect a ruling on Monday in a $100-billion claim against Moscow for expropriating the defunct Russian oil company that was controlled by Mikhail Khodorkovsky,

Beijing Shuts Coal-Fired Power Plant to Ease Smog

Beijing has closed the first of four large coal-fired power plants set to be decommissioned as part of the city's efforts to cut air pollution, official news agency Xinhua reported on Wednesday,

Fuel Tanks Hit in Libyan Violence

Fuel storage tanks that supply Tripoli were hit on Wednesday in clashes between rival Libyan militias, igniting a huge blaze near the international airport. More

Costa Concordia: Operations to Tow the Wreck Begin

Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two years ago, killing 32 people.

SIA to Honor Honeywell's Gordon Hope

The Security Industry Association (SIA) says it has chosen Gordon Hope, general manager of Honeywell's AlarmNet communications network, as the 2014 recipient of the George R.

Sanjam Gupta helps Launch WISTA in Sri Lanka

  Within two years of the launch in India in 2012, the Women’s International Shipping and Trading Association (better known as WISTA), Ms. Sanjam  Sahi  Gupta,

Suicide Attack Escalates Libya Violence, Oil Output Slips

Crude output slips for first time since port deal; fresh clashes in Tripoli and Benghazi. Brega oil port seen open in few days. A twin suicide bombing at a Libyan

HII’s AMSEC Employee Named VSRA Senior Tradesperson of the Year

Huntington Ingalls Industries (HII) announced today that an employee at its AMSEC subsidiary was selected as the Senior Tradesperson of the Year by the Virginia Ship Repair Association (VSRA).

PMI Industries Promotes Zivich to Manager

PMI Industries, Inc. announced that Phil Zivich has been promoted to Manager, Inside Sales/Customer Service. In his new position, Zivich is responsible for managing

Syria: Crisis Costs Oil Sector $23.5 bln

Syria's oil sector has suffered around $23.5 billion in direct and indirect losses since the start of the country's crisis in 2011, the Syrian oil ministry said.

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