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Crude oil pushes toward $96
MOSCOW, Jan. 2 (UPI) -- Russia's energy giant Gazprom said it would receive the bulk of Ukraine's natural gas bill payment by Jan. 11, but critical issues remain outstanding.
Gazprom cut off Ukraine's supplies New Year's Day. Gazprom spokesman Sergei Kupriyanov said Ukraine's payment of $1.5 billion would arrive Jan. 11 "considering the holidays," RIA Novosti reported. But Ukraine still owed $614 million in late fees and its negotiating team for the 2009 contract "has not expressed its readiness to fly to Moscow," Kupriyanov said.
Gazprom on Thursday increased its 2009 price for Ukraine to $418 per 1,000 cubic metesr, up from an early offer of $250 per 1,000 cubic meters, the news agency said.
Ukraine paid $179.50 per 1,000 cubic meters a year ago and recently said it was willing to go as high as $235 per 1,000 cubic meters.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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