The chief executive of Shell oil company has admitted that he would rather Scotland not gain independence from the United Kingdom because of the risk and uncertainty it would present to the energy industry.
The largest proven oil reserves and leading position in the independence movement within Latin America, which seeks to extricate itself from the US control, makes Venezuela a key target for intervention, activist and writer Keane Bhatt told RT.
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.
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.
Russia has had diplomatic ties with Tehran since the 16th century and “was close to Tehran in difficult moments",so it should have an advantage in Iran’s re-opened markets following sanctions, says Mehdi Sanai, the Iranian ambassador to Russia.
An independent Scotland will not be able to use the pound as its currency, Britain’s finance minister George Osborne warned on Thursday, seven months before Scots vote on a referendum which could end their 307-year union with the UK.
Oil companies in the US appear to be getting state funds for cleaning up oil leaks while at the same time concealing insurance payouts they received for the same purpose. The alleged ‘double-dipping’ has prompted dozens of lawsuits countrywide.
Scotland has oil, it’s small and can adopt the same regulatory measures as Singapore or Switzerland. That’s everything it needs to eventually join the list of the richest nations of the world, Dominic Frisby, author of ‘Life After the State’, told RT.