China, Russia to finalize yet another major gas deal

China and Russia will seal an agreement later this year on piped gas from Western Siberia, China’s foreign minister said on Sunday, a deal that will continue Russia’s economic shift towards Asia and away from Western Europe.

Russia’s split with … Read the rest

China and Russia will seal an agreement later this year on piped gas from Western Siberia, China’s foreign minister said on Sunday, a deal that will continue Russia’s economic shift towards Asia and away from Western Europe.

Russia’s split with … Read the rest

Ukrainian army leaves fracking equipment behind

On the outskirts of the village of Shishkovo under the snow and rain rusts the expensive equipment: four residential trailers for employees, diesel substation and equipment for conducting seismic surveys. Judging by the labels this equipment was certified in the … Read the rest

NATO: Russia funding anti-fracking groups

Russian intelligence agencies are covertly funding and working with European environmental groups to campaign against fracking and maintain EU dependence on Russian gas, the head of Nato has claimed.

Answering questions after a speech in London, Anders Fogh Rasmussen, Nato … Read the rest

Ukraine, Chevron and Condi Rice… the broken record

Condi Rice, a dark force
Condi Rice, a dark force

High principles dominate the rhetoric on freedom-loving Ukraine, writes JP Sottile. But more mundane realities – like the interests of US oil corporations and Ukraine’s vast shale gas capacity – are part of the volatile Read the rest

Ukraine signs $10 billion fracking deal with Chevron

 

chevronUkraine signed a $10 billion shale gas production-sharing agreement with U.S. Chevron on Tuesday, another step in a drive for more energy independence from Russia.

The deal to develop its western Olesska field followed a similar shale gas agreement … Read the rest

Water UK admits fracking compromises water supply

Two industry groups signed a Memorandum of Understanding stating that their members will minimize the impact of onshore oil and gas development in the UK on the country’s water resources.The memorandum accompanies a report released by Water UK. The report … Read the rest

Shale gas boom visible from space

Oil companies at the heart of the US shale oil boom are burning off enough gas to power all the homes in Chicago and Washington combined in a practice causing growing concern about the waste of resources and damage to … Read the rest