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Energy

‘OPEC decision will undermine global oil industry’
OPEC`s decision not to reduce oil production will affect major oil producers and may undermine the global oil industry, planting the seeds for a major oil crisis in 2015 or 2016, international oil economist, Dr. Mamdouh Salameh told RT.

28.11.2014 12:28

​New research to turn salty oceans into a renewable energy source
Dutch researchers are to test a renewable water energy source known as “blue energy” at an experimental facility which opened on Wednesday.

27.11.2014 13:59

Ukraine court upholds nationalization of Russian pipeline
The Ukrainian Supreme Commercial Court of Appeal has upheld the nationalization of 1,433 kilometers of pipeline through the country which it says was illegally registered in the name of a subsidiary of Russia’s Transneft.

26.11.2014 15:44

Cost of EU air pollution soars to €189bn in 2012 - study
Air pollution, mainly from a small number of coal fired power stations in Germany and Eastern Europe, cost the EU up to €189 billion in 2012, according to a study by the European Environment Agency (EEA).

25.11.2014 16:07

​EU should accept gas transit risks, if it rejects South Stream – Russian Economy Minister
If European countries don’t want to eliminate gas supply problems by building the South Stream pipeline, they should take responsibility for the possible transit risks, said Russian Minister of Economic Development Aleksey Ulyukayev.

26.11.2014 11:08

Forex rigging probe: US prosecutors to grill London traders
US prosecutors are set to travel to London in the forthcoming weeks to probe City traders about currency market manipulation. However, British prosecutors are yet to file a criminal charge against UK financiers who rigged the rates.

25.11.2014 12:34

European gas stocks enough to survive without Russian supplies for a year – OECD
Most European countries have enough stocks to cover for “lost” gas from Russia should there be a major disruption. Hardest hit would be Slovakia, Austria, and Turkey as they rely on Russia for at least 15 percent of their energy needs, OECD experts say.

25.11.2014 15:11

Iran nuclear deal enters the danger zone
In the end, a nuclear deal with Iran was aborted in Vienna. Is that a hopeful sign? Or should everyone start praying – and running for cover?

25.11.2014 09:48

​Germany considering phasing out coal power generation
The government in Berlin is debating ditching the use of coal, which generates almost half of Germany’s electricity, in an effort to keep cuts in carbon emissions on target.

25.11.2014 07:01

​Radioactive leak as fire strikes Scottish nuclear plant
A fire at a Scottish nuclear power plant has caused the release of radioactive particles “via an unauthorized route.” Site officials insist the leak poses no threat to the public.

21.11.2014 11:44

‘OPEC can easily decide to do nothing about oil prices’
There are three possible outcomes to the OPEC meeting: either they leave the situation as it is, or stick to a 30 million barrel per day ceiling, or cut oil production, Stuart Elliott, Senior Managing Editor of Europe & Africa Oil News, told RT.

20.11.2014 13:10

​Russian hydro power generator to sell troubled Far East asset to Asian buyer
Russia’s largest hydroelectric company RusHydro says it is looking for an Asian buyer for its share of a loss-making energy distribution business in the Far East. Media reports say Chinese company Sanxia is a likely candidate.

21.11.2014 07:11