Americans are increasingly looking to solar and wind energy for the future, but most of them still support nuclear energy, a new Gallup poll shows. Overall support for oil and natural gas exploration has dropped, due to divided opinions on fracking.
Saudi Arabia’s state-owned oil company, Saudi Aramco, aims to increase supplies to China. It sees big opportunities in Beijing's efforts to restructure the country's economic growth model and believes supplies could double at some point.
Both chambers of the Maryland legislature passed bills that would rein in hydraulic fracturing in the state. The House of Delegates passed a three-year moratorium on fracking, while the Senate approved strict liability standards for oil and gas drillers.
Russia has signed a $10 billion agreement with Jordan for the construction of the country’s first nuclear power plant. Jordan currently lacks local energy sources and struggles to meet its growing electricity demand.
Kiev said it will stop importing Russian gas from next Wednesday if Gazprom doesn’t offer it a better price, according to the country’s Energy Minister Vladimir Demchishin. Halting supplies through Ukraine could put Europe’s energy security in limbo.
The US has created a belief that money would leave Russia, but money doesn’t flow out of countries that have extremely low debt and strong export earnings, Paul Craig Roberts, former US Assistant Secretary of the Treasury, told RT.
French oil and gas producer Total is looking for $15 billion in investment from China to pay for expansion in Russia, the company’s CEO Patrick Pouyanne said. This could be the largest private corporate deal involving Chinese banks.
The governor of Ukraine’s Dnepropetrovsk region, Igor Kolomoysky, claims he has helped secure the Kiev HQ of the national oil and gas extracting company “from raiders”. It comes days after he tried to regain control of an oil transportation company.
Russia’s Gazprom Global LNG has signed a deal with Egyptian Natural Gas Holding Company (EGAS) to supply 35 shipments of liquefied natural gas (LNG) by 2020, according to the company and Egypt’s Ministry of Petroleum.