• Putin Will Be Smiling: EU Commission Begins Legal Proceedings Against Polish Shale Development

    • Date: 30/07/14
    • EurActiv
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    The European Commission has begun legal proceedings against Poland for amending its national laws to allow shale drills at depths of up to 5,000 metres without first having assessed the potential environmental impacts, EurActiv has learned. In June, Brussels sent Poland formal notice that it was opening a case against it for infringing the Environmental […]

  • Russia: New EU Sanctions Mean Higher Energy Prices Are Now Inevitable

    • Date: 30/07/14
    • Reuters
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    Russia’s Foreign Ministry said on Wednesday that sanctions imposed by the European Union over the crisis in Ukraine will “inevitably” lead to higher energy prices in Europe. “By going on a sanctions spree, Brussels, by its own will, is creating barriers for further cooperation with Russia in such a key sphere as energy. This is a thoughtless and irresponsible step. It will inevitably lead […]

  • Energy Companies Gear Up for More Pain In Russia With Sanctions

    • Date: 29/07/14
    • Bloomberg
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    Some of the world’s biggest energy companies could see as much as 5 percent of their revenue disappear amid sanctions that shut them off from the Russian energy frontier. Amid rising violence in eastern Ukraine between government and separatist forces, the European Union today sought to punish Russia for its involvement by restricting exports of […]

  • UK Government’s Mixed Signals On Shale Development

    • Date: 28/07/14
    • Jack Doyle, Daily Mail
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    Ministers will announce a major climbdown on fracking today as they bring in strict controls to protect vast swathes of the British countryside. Shale gas development will be all but banned in National Parks and other protected countryside – and permitted only in ‘exceptional circumstances’. The move from the Department for Energy and Climate Change […]

  • Russian News Agency Concerned About Shale Development In Ukraine

    • Date: 26/07/14
    • ITAR-TASS News Agency
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    Ukrainian troopers help installing shale gas production equipment near the east Ukrainian town of Slavyansk, which they bombed and shelled for the three preceding months, the Novorossiya news agency reports on its website citing local residents. “Civilians protected by Ukrainian army are getting ready to install drilling rigs. More equipment is being brought in,” they […]

  • China To Build Huge Methanol Plant In Texas To Meet Rising Domestic Demand

    • Date: 25/07/14
    • Jerin Mathew, International Business Times
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    Chinese firms, Connell Group of China and Sino Life Insurance Co are looking to build a huge methanol production and deep-port export facility in the shale gas-rich US state of Texas. Fracking boom in the US made Texas a natural gas rich state. Reuters Fund Connell USA Energy and Chemical Investment Corp, the US arms of […]

  • BRICS Plans Energy Association

    • Date: 22/07/14
    • World Nuclear News
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    Russian President Vladimir Putin has announced plans to establish a BRICS “energy association” that will include a fuel reserve bank and an energy policy institute. BRICS is a grouping of major emerging economies that includes Brazil, Russia, India, China and South Africa. Fifty of the 66 nuclear reactors currently under construction are in BRICS states. […]

  • Britain’s Bursting Green Jobs Bubble

    • Date: 21/07/14
    • Walter Russell Mead, The American Interest
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    There’s a reason renewables aren’t taking the world by storm: they can’t compete with fossil fuels. Promoting green jobs isn’t just an American phenomenon, it’s a global pastime. And no wonder: for a politician, there are few things better than promising clean, renewable domestic energy and job creation to boot. But talk is cheap, and just […]

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