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Top Russian gas customers in Europe

Dec 31 (Reuters) - Russia's Gazprom gas export monopoly said on Wednesday its engineers were starting preparations for a Jan. 1 cut-off of gas to Ukraine that could have a knock-on effect on supplies to Europe.  Full Story   31 December 2008, 20:43

Timeline of Russian gas disputes with ex-Soviet neighbors

Dec 31 (Reuters) - Russia's Gazprom gas export monopoly said on Wednesday its engineers were starting preparations for a Jan. 1 cut-off of gas to Ukraine that could have a knock-on effect on supplies to Europe.  Full Story  
31 December 2008, 20:41 | Reuters
More economic pain seen in 2009

More economic pain seen in 2009

SINGAPORE (Reuters) - Investors said good riddance on Wednesday to one of the worst years on record and prayed that massive government rescue plans will pull the global economy out of its fierce tailspin later in the new year.  Full Story  
31 December 2008, 06:49 | Reuters

Oil falls below $39 on grim economic outlook

NEW YORK (Reuters) - Oil fell over 3 percent on Tuesday, as signs of the sickly world economy outweighed tension in the Middle East due to the Israeli-Hamas conflict.  Full Story  
30 December 2008, 20:03 | Reuters

Gazprom profits triple in second quarter, before crisis hit

MOSCOW (AP) -- Russia's Gazprom said Tuesday its net profit almost tripled in the second quarter of 2008 as the world's largest gas producer reaped earnings from record commodity prices before the global economic crisis took hold.  Full Story  
30 December 2008, 19:55 | Associated Press

Moody's changes Ukrainian banks' rating outlooks to negative

Moody's Investors Service on December 30, 2008, changed to negative from stable the outlook on the bank financial strength ratings (BFSRs) of 15 Ukrainian banks, Moody's said in a statement.  Full Story  
30 December 2008, 19:12 | Interfax-Ukraine

Government says Naftogaz can pay $2 billion Russian gas debt with loans from state banks

Ukrainian national oil and gas company Naftogaz Ukrainy will pay up to $2 billion for natural gas imported in November-December 2008 with loans from Oschadbank and Ukreximbank, the Ukrainian government said in an instruction on Dec. 29.  Full Story  
30 December 2008, 17:59 | (Wire reports)

Naftogaz says Gazprom pre-payment for transit not an option

Ukrainian oil and gas company Naftogaz said pre-payment by Russia's Gazprom for gas transit to Europe, with Naftogaz using the funds to pay for gas pumped into storage and settling its gas debt to Russia, was not an option.  Full Story  
30 December 2008, 15:59 | Interfax-Ukraine

Gazprom questions Naftohaz's ability to secure uninterrupted gas transit to Europe in 2009

Russia's Gazprom has said it questions the ability of the Naftohaz Ukrainy national oil and gas company to secure uninterrupted natural gas transit to European countries if gas supplies to Ukraine are restricted from January 1.  Full Story  
30 December 2008, 15:06 | Ukrainian News

Central bank ready to buy currency on interbank market at Hr 7.65/$1 and sell it at Hr 7.70/$1

The National Bank of Ukraine (NBU) has expressed its readiness to buy currency on the interbank market on Tuesday at an exchange rate of UAH 7.65/$1 and sell it at UAH 7.70/$1, but the national currency continued falling despite that.  Full Story  
30 December 2008, 15:02 | Interfax-Ukraine

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