The North West Energy Task Force, a major lobby group created to make a business case for fracking in Lancashire, consists mainly of firms located outside the county, an investigation by Greenpeace has found.
One of the poorest and most violent countries in the Middle East, Yemen is also an area of strategic importance for regional players – and some of the world’s most dangerous terror groups. RT explains the underlying reasons behind the nation's conflicts.
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.
The former Environment Agency chief Lord Smith says he is “hugely skeptical” about the future of fracking in the UK. He claims it’s unclear whether the process could be used to extract shale oil in the south of England.
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 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.
Moscow insists that besides a possible discount, the gas price formula and the existing contract with Ukraine should remain the same until the standing contract’s expiration. Russia, Ukraine and the EU Commission agreed on a new round of talks next month.
The Russian government has approved a bill on gas supplies to China via the Power of Siberia pipeline. It will be delivering the estimated 38 billion cubic meters of gas annually as a part of a $400 billion deal.
Russian billionaire Mikhail Fridman, owner of the LetterOne investment company, is reportedly preparing to sell dozens of his newly acquired North Sea oil and gas assets in accordance with a UK government requirement, and because of falling prices.