Keep up with the news by installing RT’s extension for . Never miss a story with this clean and simple app that delivers the latest headlines to you.

 

Oil

‘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

Rosneft says its can weather $30 oil
Plunging oil prices, even as low as $30 per barrel, won’t offset the world’s largest-listed oil company, Rosneft’s investment and development plans, according to the company’s VP.

27.01.2015 14:51

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

US officials tussle over arms embargo, sanctions in oil-flush South Sudan
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.

26.01.2015 15:50

​Oil can recover to $200 if supply dries up – OPEC head
World oil prices have reached the bottom and will soon bounce back, said OPEC Secretary General Abdullah el-Badri, adding that they can go as high as $200 a barrel if lower investment erodes supply.

26.01.2015 15:04

West’s tributes to late Saudi King reveal hypocrisy not democracy
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.

26.01.2015 13:01

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

​Plunging prices force oil majors to cut billions in spending
The world’s leading oil companies are reported to be planning a $28 billion cut in capital spending by 2017 to keep debt at a sustainable level at a time when oil prices continue to fall.

26.01.2015 08:04

North Dakota pipeline leaks crude oil, 3mn gallons of fracking byproduct
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.

23.01.2015 15:09

Record high Chinese imports of Russian oil in 2014
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.

23.01.2015 15:19

'Bad Saudi Arabian human rights record may change if Iran increases influence'
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.

23.01.2015 10:42