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Energy

‘Ruble drop- continuation of global credit crisis’
A global crisis has never ended, most of the Western states have enormous debts which they are not able to pay off, and the current collapse of the Russian currency is just its continuation, Mitch Feierstein, of Glacier Environmental Fund, told RT.

18.12.2014 15:02

US media in propaganda war with global anti-fracking activism
As 2014 comes to a close the American mainstream media has represented the most aggressive attack on global environmental movements that defend peoples’ right to live in healthy and clean environment worldwide.

18.12.2014 14:02

​‘Impossible’ to cut oil production - Saudi oil minister
Saudi Arabia, home to the world’s second largest oil reserves, says it can’t afford cutting oil production, even despite the falling prices.

18.12.2014 15:00

Europe must decide if it wants gas via Turkey- Putin
The new hub on the Turkish-Greek border could deliver Russian gas to Europe, but this will depend on negotiations with European countries, Russian President Vladimir Putin said at his annual press conference with media.

18.12.2014 12:56

​UK oil industry ‘close to collapse’ as price plunges below $60 per barrel
Britain’s oil industry is in a “crisis” and may be “close to collapse,” a senior oil industry expert has said, as the UK’s biggest oil and gas companies continue to cut staff and investment and the price of crude slumps.

18.12.2014 12:03

Richard Branson: S. Arabia attacking renewable energy with cheaper oil
Saudi Arabia’s push to drive down oil prices is not just an attempt to undermine the US shale oil boom, but also the global clean energy industry, Virgin founder Richard Branson has said in an interview with British media.

17.12.2014 12:18

Go West, Young Han
November 18, 2014: it’s a day that should live forever in history.

17.12.2014 09:00

'Ruble slide: Speculators moved in as Central Bank was asleep at the wheel'
For the sake of the Russian economy, the Central Bank cannot continue its waiting game strategy for too long hoping that speculators give up before it does, says Mike Ingram, a market strategist at BGC Brokers in London.

16.12.2014 14:25

US, European markets tumble following ruble, oil
US stock futures fell along with shares in European companies exposed to Russia, as the ruble and crude oil slid to new record lows on Tuesday.

16.12.2014 15:10

Canada pressures US to pass Keystone XL as falling oil prices threaten project
The Keystone XL pipeline may no longer make economic sense to build, thanks to falling global oil prices. However, Canada's natural resources minister is in Washington to push hard for the project’s construction.

15.12.2014 21:13

China to pay £100mn for 80% stake in 3 UK wind farms
​China’s biggest nuclear energy firm is about to enter the European energy market, and plans to buy a stake in 3 UK wind farms from EDF for £100 million, its first outside of China.

15.12.2014 07:42

‘Plunging oil has ‘definite effect’ on Canada’
Oil prices that have collapsed to 5-year lows will dramatically hit Canada, as energy sales provide about 30 percent of the budget revenues, Jennifer Winter, Associate Director at University of Calgary, told RT.

11.12.2014 11:33