Putin's hint at gas OPEC likely to rattle Europe
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Russian President Vladimir Putin has fired a shot across Europe's bow by saying Russia could form a natural gas equivalent of the oil producers' OPEC cartel, even while insisting that Moscow would become a more reliable energy supplier.
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RIYADH, Saudi Arabia -- Russian President Vladimir Putin appeared to find quick success on a historic Mideast tour that saw the leader of energy-rich Russia forging oil diplomacy in Saudi Arabia and backing a natural gas cartel yesterday with neighboring Qatar.
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When the Russian government&#39;s 7.6 per cent stake in Lukoil - the world&#39;s No. 2 oil company by reserves - is auctioned Wednesday in the country&#39;s biggest privatization, industry watchers aren&#39;t expecting any surprises.
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ELEANOR HALL: The high price of oil is already threatening global economic growth, but that price could yet be pushed higher by events in Russia.
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Russia, Turkmenistan and Kazakhstan will build a gas pipeline around the Caspian Sea, in a setback for the EU.
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Russia&#39;s state-owned Gazprom may complete takeovers next month that will give it almost one-fifth of the nation&#39;s oil output, worth more than $20 billion this year.
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Â· Europe tour may anger Kremlin before G8 summitÂ· Moscow comments are unhelpful, says Nato
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Analysis: Putin may have plenty of narrow political reasons for nixing the province's inevitable breakaway from Serbia, but the effect of delaying it may actually make for a more stable transition
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The high level of oil prices is posing a risk for the European economic recovery, European Union industry lobby group UNICE said.
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Russian President Vladmir Putin and European Union leaders met Thursday for a summit focused on EU concerns about Russia&#039;s reliability as a key energy supplier.
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Russian President Vladimir  Putin sought to reassure France and Germany on Saturday they  had nothing to fear from Moscow's growing economic clout and  held out the prospect of more natural gas for Europe.
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Russian President Vladimir Putin wins backing from Greece and Bulgaria to push ahead with a key oil pipeline.
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Paris - Europe is becoming more and more dependent on Russian energy supplies, making it vulnerable to high prices, say International Energy Agency (IEA) executives.
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MAFRA, Portugal  - Russian President Vladimir Putin took a swipe on Friday at European Union plans to limit foreign investment in its energy networks.
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ABU DHABI/VIENNA  - OPEC is worried by a fall in the dollar that is eroding member states' purchasing power and ministers will take up the issue when they meet next week to discuss new output curbs.
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The threat of $50 a barrel for the New York price seemed very real last month, but in the end it turned out to be a near miss. Still, there is plenty for Opec to think about as the group&#39;s energy ministers gather in Vienna.
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Russian President Vladimir Putin on Tuesday warned that the deployment of a U.S. missile shield in Europe would turn the continent into "a powder keg".