Russian gas deal sours EU hopes
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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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Lithuania's national gas distribution company Lietuvos Dujos has signed a new supply deal with Russian giant Gazprom, a company spokeswoman said Friday, a move that could hit customers' pockets hard.
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A plan to give Europe access to a substantial amount of natural gas from a huge new field originally earmarked for the US market is a direct consequence of US policy toward Russia on WTO membership and sanctions on Russian defense exports, newspapers have said.
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Poland's two biggest refineries scrambled Friday to reassure clients that they would experience no crude oil shortfall after a trading wing of shattered oil giant Yukos invoked a contract provision that indicates it will be unable to fulfill supply commitments to the former Soviet bloc country.
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Russia and NATO states on Wednesday struggled to find common ground to resolve a row over a European arms pact, snagged over Moscow's refusal to close bases in the former Soviet republics of Georgia and Moldova.
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MOSCOW : A deal between French energy group Total and Russian gas firm Novatek shows that oil majors have an appetite for Russia&#39;s energy riches despite the Yukos affair, but also the limited role now possible for foreigners in this strategic sector
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Russian Foreign Minister Sergei Lavrov   sought to alleviate Western concerns over Russian energy deals   on Wednesday, saying talk of revising production sharing deals   or pushing foreigners out of the sector was unfounded, Russian   news agencies reported.
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The European Union opened summit talks with Russia in disarray on Friday after Poland vetoed the start of talks on a partnership pact.
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Bulgaria signed the deal for the $15 billion South Stream pipeline with Russia, undermining the European Unionâs attempts to diversify its energy sources.
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President Vladimir Putin has pledged that Russia would ensure stable energy supplies to the European Union.
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Russia hopes to sign a key deal with  Iran in January for the start-up of a Moscow-built nuclear  reactor, a senior official said, but diplomats were doubtful  after signing has already been delayed for years.
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Europe is becoming more and more dependent on Russian energy supplies, making it vulnerable to high prices that help Moscow reach growth and investment objectives, IEA executives say.
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WARSAW -- Poland's all-or-nothing negotiating style has helped the postcommunist state win concessions on a new EU treaty, but at the cost of relations with some key partners in the European bloc.
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Business & money: Â·  British Gas owner Centrica may be target of Russians Â·  Putin shrugs off warning by Blair on economic ties
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Analysts say Russiaâs pipeline deal with Kazakhstan and Turkmenistan could strengthen its monopoly on Central Asiaâs energy exports.
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A tentative deal between supporters of Ukraine&#39;s opposition leader Viktor Yushchenko and their pro-government foes hit a snag Tuesday when European-brokered talks revealed key differences that cast doubt over its approval by
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RUSSIAâS stricken oil industry is facing what some have branded a return to Soviet Union days after gas monopoly Gazprom said it might bid for the production arm of energy giant Yukos.