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Natural resources

Nae fracking here! SNP govt imposes shale gas moratorium in Scotland
Scotland has imposed a moratorium on shale gas planning permits while an assessment on the impact of shale drilling is completed, ministers told the Scottish Parliament on Wednesday.

28.01.2015 15:14

Foreign intervention ‘100 times more likely’ in oil-rich states – study
Cutting-edge research from British universities has confirmed a belief long held by conspiracy theorists, realists and hawkish neoconservatives alike: oil drives foreign intervention and war.

28.01.2015 11:51

‘Empire of Chaos’ in the House
No one in Western corporate media will tell you why US President Barack Obama is hitting Riyadh with a high-powered delegation to “pay his respects” to the new House of Saud potentate, King Salman.

27.01.2015 14:18

Frackdown: Government concedes to national park fracking ban
In a victory for the Labour Party and other opponents of fracking, the Conservative-led coalition has announced that fracking will be banned in all national parks. Further restrictive measures were also placed upon shale gas companies.

27.01.2015 09:27

​Budget cuts a priority before looking for other revenue sources – Alaska Gov. to RT
Facing a $3.5 billion budget deficit following a huge drop in oil prices, Alaska is looking for ways to cut spending and cover the gap in an open and transparent way, Alaskan Governor Bill Walker told RT.

27.01.2015 04:23

Fracking moratorium rejected as protesters descend on Parliament
Activists descended on Parliament Square to protest against fracking plans, as MPs voted on the future of Britain's shale gas industry.

26.01.2015 08:49

Biggest oil rig ever: 200k-ton Sakhalin giant begins production
The world’s biggest oil platform has begun commercial production at the Sakhalin-1 offshore project in Russia’s Far East. The Berkut oil rig is expected to extract 4.5 million tons of oil annually.

20.01.2015 09:24

China-UK nuclear power deal details hidden for ‘national security’
The UK government has refused to reveal whether the National Security Council approved or discussed China's investment in a proposed £24.5 billion nuclear power plant in the UK, Hinkley Point C, citing “national security.”

15.01.2015 12:34

Fracking caused earthquake boom in Ohio town – study
In March 2014, hydraulic fracturing – or fracking – caused 77 earthquakes in a small Ohio town that had no previous experience with seismic activity, according to a new study. One quake was large enough to be felt in neighboring areas.

06.01.2015 16:48

Obama ‘not to sign’ Keystone XL pipeline bill, Senate set for Friday vote
While Republicans hope legislation approving the Keystone XL pipeline will pass a Senate vote on Friday, the White House says that President Barack Obama will not sign it anyway.

06.01.2015 07:55

Iceland considers withdrawing EU application - PM
Iceland is planning to formally withdraw its EU application, the country’s prime minister told the national radio station. Reykjavik also wants to lift capitals controls imposed on Iceland by Brussels after a financial crisis hit the country in 2008.

06.01.2015 06:18

Crude price drop triggers major layoffs in US oil industry
Thousands of recently highly paid workers have been laid off after the oil price plummeted 50 percent in 2014. At least four American oil-producing states are already facing budget problems due to decreasing oil revenues.

27.12.2014 07:27