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.
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.
While top US diplomats have privately backed a weapons ban amid the bloody civil war in South Sudan, a new report indicated that US National Security Advisor Susan Rice is chiefly responsible for stalled attempts at an arms embargo in the oil-rich nation.
Hypocrisy is not usually regarded as a virtue of leadership, yet judging by the gushing tributes paid to Saudi Arabia’s King Abdullah by various Western governments and establishment figures on his death, there are those who believe it should be.
Nearly 3 million gallons of saltwater and an as yet unknown amount of crude oil have leaked from a northwest North Dakota pipeline into a creek that feeds into the Missouri River. Officials have called the leak the largest of its kind in state history.
Chinese imports of oil from major OPEC countries fell last year, while the purchases of Russian oil saw a record increase, said the Chinese General Administration of Customs. It is part of Chinese plans to diversify its oil sources.
With instability following the death of King Abdullah, Iran may take a lead in the relationship with Saudi Arabia which could put pressure on Riyadh to improve the internal situation in the Gulf state, Gerald Horne, author and historian, told RT.