So much methane leaks from oil and gas production on federal and tribal lands in the United States that any environmental benefits gained from natural gas use are cancelled out. It also costs US taxpayers tens of millions of dollars in royalties.
Argentina has ordered the seizure of assets belonging to foreign drilling companies operating in the vicinity of Falklands / Malvinas Islands, saying they have failed to obtain the necessary permissions from Buenos Aires to conduct exploration.
Lancashire County Council has unanimously voted to reject a planning application for fracking in the region. Residents and environmentalists, who have been protesting throughout the council’s two-day meeting, welcomed the news.
Belgrade insists that the Serbian prime minister’s visit to Washington, complete with gas-related discussions, would strengthen cooperation with the US and not distance Serbia from Russia. Should Moscow be concerned?
Macedonia is ready to take part in the construction of the Turkish stream natural gas pipeline once Russia and Brussels reach an agreement on the strategic project, Macedonian Prime Minister Nikola Gruevski has announced.
An MIT report has found that regular solar panels like the ones used today could supply much of the world with power. They believe terawatts of energy could be produced by 2050 and say that investment, not technology, could be the biggest hurdle.
A Singapore-flagged tanker which, owner claims, came under Iranian navy fire in the international waters off the UAE this week, is wanted over the unsettled $300mn debt in damages it caused to an oil rig in late March, according to Iranian official.
Ukraine has every chance of becoming a gas exporter again, as it was in the first half of the 20th century, said US Ambassador to Ukraine Geoffrey Pyatt. He added that the US will certainly help Kiev to achieve the goal.
Oil companies making donations to politicians are getting massive tax credits in return, despite President Obama’s 2009 call to stop subsidizing big oil, claims the Guardian following an investigation into three corporate projects.