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Energy

‘Profit over security’: Business trumps climate targets – Oxfam UK
A “toxic triangle” of political inaction, short-sighted economic policies and profit-driven fossil fuel advocates threaten to raise global temperatures, leaving 400 million people in jeopardy of hunger and drought by 2060, Oxfam UK warned on Friday.

17.10.2014 14:05

UK blocks multibillion-dollar Russian oil deal
The UK has blocked a $6.4 billion deal by Russian billionaire Mikhail Fridman to attain North Sea gas fields, as part of its ongoing sanctions package against Russian businessmen and investors believed to have close ties with President Vladimir Putin.

16.10.2014 08:17

Russia, China in talks over supplies of sanctioned energy equipment – Medvedev
China was among the first partners Russia turned to for key energy equipment banned under Western sanctions, Prime Minister Dmitry Medvedev told a CNBC interview.

16.10.2014 00:09

LEGO ends 50-year tie-up with Shell after anti-Arctic oil campaign by Greenpeace
LEGO has announced it will not renew its contract with Shell ending a 50-year association. It comes three months after a Greenpeace campaign to prevent the exploration of the Arctic which got the support by more than a million people worldwide.

10.10.2014 07:47

California aquifers contaminated with billions of gallons of fracking wastewater
​Industry illegally injected about 3 billion gallons of fracking wastewater into central California drinking-water and farm-irrigation aquifers, the state found after the US Environmental Protection Agency ordered a review of possible contamination.

09.10.2014 16:19

EU, Kazakhstan agree on enhanced cooperation
The EU and Kazakhstan have signed an agreement in Brussels Thursday, forging closer economic and political ties.

09.10.2014 13:14

Germany’s energy industry a ‘disaster’ – France’s EDF chief
Profits have declined for German energy companies since Angela Merkel decided to shake up the power industry by cutting nuclear energy in favor of renewables. The impact on the energy sector is severe, and may be having a domino effect across Europe.

09.10.2014 12:33

Destabilization – US weapon in energy war
The US is doing its best to estrange the EU from Russia to get the upper hand in a free trade deal, and also, to manipulate European countries into buying America’s relatively more expensive natural gas.

01.10.2014 12:39

Caspian Summit: Successful cooperation in 'oasis of peace'
One of the biggest achievements of the Caspian Summit was the considerable progress made in preparing the Convention on the Legal Status of the Caspian Sea.

07.10.2014 16:14

​Lukoil restarts refinery in Romania
Russia’s second largest crude producer Lukoil has begun to restart a refinery in Romania, after authorities in the country lifted a freeze on its assets and activity.

07.10.2014 11:12

Romania halts production at Lukoil refinery amid tax evasion, money laundering claims
Romanian authorities have halted the production and frozen the assets of an oil refinery owned by major Russian crude producer Lukoil, following tax evasion and money laundering allegations. The company is awaiting the results of an appeal.

07.10.2014 00:32

​Gas supply compromise with Ukraine needs to be reached before winter – Medvedev
Moscow needs to continue seeking a gas supply compromise with Kiev, Russian Prime Minister Dmitry Medvedev said during a meeting with the country's energy minister. Both agreed it is crucial to resume gas supplies to Ukraine, as winter is on its way.

06.10.2014 15:17

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