Energy Sector

OPEC oil price falls by half a dollar

OPEC oil price falls by half a dollarVienna - The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 0.52 dollars Wednesday, ending a rally in which the cartel's basket price had gained nearly 13 dollars since December 24.

Russia has halted all gas deliveries to Western Europe

Moscow/Kiev - Russia on Wednesday halted all supplies of gas to Europe via Ukraine in a critical escalation of a week-long energy dispute between Moscow and Kiev, Russian news agencies quoted offic

Kiev: Russia has halted all gas deliveries to Western Europe

Moscow/Kiev - Russia has halted all supplies of gas to Western European customers in an escalation of the energy dispute between Moscow and Ukraine, a spokesman for Ukrainian gas monopoly Naftogaz said on Thursday morning.

Ukraine far from helpless in energy duel with Russia

Kiev - Russia is screwing down on the natural gas taps to Ukraine, and as Kiev media spin would have it, it's a case of the all-powerful Kremlin dropping the energy hammer on a helpless former Soviet republic.

Turkey confirms flow of Russian gas via Ukraine halted

Ankara - Russian gas supplies to Turkey via Ukrainian pipelines have been cut amid the ongoing dispute over gas between Kiev and Moscow, the Turkish government said Tuesday.

Deliveries have stopped from the West pipeline , Turkish Energy Minister Hilmi Guler told journalists.

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