Russia’s Gazprom has won licenses for rights to develop two large oil and gas fields in the Arctic, beating rivals Rosneft and Lukoil, an official at oilfield licenses regulator Rosnedra Continue Reading
A British environmental advocacy group said more than 150,000 signatures were added to a petition sent to the government against hydraulic fracturing plans. “Fracking poses risks to people and the Continue Reading
In terms of total dollar market value, Russian oil company Rosneft said it’s well ahead of its other counterparts in the nation’s energy sector. Rosneft President Igor Sechin , a Continue Reading
Siemens AG and Gamesa Corporacion Tecnologica SA are close to announcing an anticipated deal to combine their wind-power activities and create the world’s largest wind turbine maker, according to people Continue Reading
If the UK votes to leave the EU next week, the move could ultimately lead to the bloc’s disintegration, Germany’s foreign minister has warned. Frank-Walter Steinmeier was speaking near Berlin Continue Reading
Shell has plans to ink a deal with the Russian gas company Gazprom sometime this week. The deal is related to Gazprom’s plan to begin a liquefied natural gas project Continue Reading
Italy is now the second biggest buyer of Russian gas in Europe — overtaking Turkey — the head of Gazprom said Wednesday. CEO Alexei Miller said Italian demand for Russian Continue Reading
For seven years, the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis. All of the arguments claiming this defied common sense. A 5 Continue Reading
Probably you’ve heard of “peak oil,” the theoretical point at which maximum pumping of the planet’s oil resources is reached and production begins to decline for various reasons, including rising Continue Reading
Oil fell a fifth day, heading for the longest run of declines since February, as U.S. industry data showed crude stockpiles expanded, exacerbating an oversupply. Futures fell as much as Continue Reading
