More than 100 business leaders have voiced their skepticism over Scottish independence, arguing a clear case has yet to be made. The heads of UK’s largest businesses said the outcome of the September 18 referendum will affect generations to come.
Canada is ready for a confrontation with Russia if it expands its ambitions in the Arctic region, Foreign Minister John Baird told a Danish newspaper. The oil-rich region is set to become a key political battleground in the coming decades.
Actor Leonardo Di Caprio and other leaders of opposition against tar sands production in Alberta, Canada challenged some high-profile corporate and government players to take the Ice Bucket Challenge, a social-media-driven fundraiser for ALS research.
Russia’s biggest oil company Rosneft has agreed to purchase a stake in Norway's North Atlantic Drilling (NADL) through an asset swap, which appears to show businesses remain undeterred by political sanctions.
Spain’s biggest oil company Repsol has passed its final hurdle to begin exploring oil reserves off the coast of the Canary Islands, Africa’s northwest waters. The approval from the Energy Ministry came despite protests from environmentalists.
The US is conducting air strikes and supplies weapons to help outgunned Iraqi Kurds fight off the offensive of Islamist militants. The Kurds are battling against extremists armed with American arms and nurtured thanks to America’s policies.
Italian oil refiner Saras has confirmed its joint venture projects with Russia’s largest oil company Rosneft has not ended. The company said it expects the deal to sell oil, and begin refining operations together will be delayed, not canceled.
US oil giant ExxonMobil and Russia’s Rosneft will continue joint exploitation of the Russian Arctic despite Western sanctions, the American company said as the two giants launched exploration drilling in the Kara Sea.