Ukraine has missed its payment deadline for gas supplies. As its debt is increasing, Gazprom does not rule out it may cut gas supplies to the country, the Russian energy giant’s head Aleksey Miller has said.
Sanctions against Russia could be bad for the weak economies in the periphery of the eurozone. Many EU states also have strong connections with Russia, while Russia needs EU money to stabilize its budget, German MP Philipp Missfelder told RT.
Starting April 1, Gazprom will no longer offer Ukraine discounted gas prices because it is more than a year and $1.5 billion late on their debt payments to Russia’s largest gas producer for deliveries, Russian President Vladimir Putin said Tuesday.
Britain's lucrative North Sea oil and gas industry, estimated to be worth up to £200 billion in potential benefits, may be in peril should Scotland vote for independence, David Cameron has warned, campaigning against independence ahead of the referendum.
The CEO of ExxonMobil – the top producer of natural gas in the US – has joined a lawsuit that challenges the construction of a water tower connected to hydraulic fracturing operations near his Texas home, given that it may reduce the property value.
Algeria, with Africa’s second biggest gas reserves, has asked Russia’s Gazprom and Lukoil to tender for the joint development and exploration of some of the 30 fields that make up a fifth of the country, says Gazprom International.
The impact of a shale boom on Europe is exaggerated, and it isn’t driving “an overall manufacturing renaissance in the US,” says the French Institute for Sustainable Development and International Relations (IDDRI)
Africa could feed itself and provide food for the rest of the world if we develop it, but the West prefers to let people die from famine and war rather than develop these countries, Lawrence Freeman from Executive Intelligence Review Magazine told RT.