Energy

Russia Nervously Eyes the U.S.-Iran Deal

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When a group of weary diplomats announced a framework for an Iranian nuclear accord last week in Lausanne, there was one diplomat in the mix whose feigned enthusiasm was hard to miss. Russian Foreign Minister Sergei Lavrov left the talks at their most critical point March 30, much to the annoyance of U.S. Secretary of State John Kerry, who apparently ... Read More »

The Solar Price Revolution

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POTSDAM – A silent revolution is under way. In November, Dubai announced the construction of a solar energy park that will produce electricity for less than $0.06 per kilowatt-hour – undercutting the cost of the alternative investment option, a gas or coal-fired power plant. Project Syndicate – KLAUS TÖPFER * Klaus Töpfer * The plant – which is expected to be operational in 2017 – ... Read More »

British firms could be linked to slavery, murder and ecological abuse overseas – NGO

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RT - Hundreds of British firms operating abroad may be implicated in severe human rights abuses such as modern slavery, poverty-level wages, beatings, killings and environmental damage, an international NGO warns. A report released by the Business and Human Rights Resource Centre on Wednesday found that British businesses impact heavily on communities and individuals around the globe. The NGO’s research ... Read More »

Obama Administration Approves Arctic Oil Drilling

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he Obama administration reaffirmed a 2008 government auction of Arctic drilling rights on Tuesday, delivering a major victory to Shell Oil Co. as it aims to resume exploratory drilling in the Chukchi Sea this summer. rsn – By Jennifer A. Dlouhy, Fuel Fix In validating the seven-year-old auction, Interior Secretary Sally Jewell stressed that the Arctic “is an important component of ... Read More »

They Couldn’t Save The World Cup, But They Might Just Save The Planet

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If the World Cup were a race to save humanity, then New Zealand would be global leaders. Of course, it’s a cricket contest… so, you know. New Matilda - By Thom Mitchell New Zealand – let’s face it, they don’t often get to celebrate. Clearly, that was never more true than last weekend, when Australia thrashed them in the cricket. But ... Read More »

Myanmar’s Kokang refugees caught between army, aged warlord and a pipeline to China

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Nansan, China: When news of the military’s rapid advance filtered through to the sugarcane plantations in the remote reaches of northern Myanmar, Ying Onn and her family made the decision to run. Brisbane Times – Philip Wen, China correspondent for Fairfax Media Gathering a few blankets and clothes, they joined a crowd of thousands fleeing by car, motorcycle and foot, all heading ... Read More »

The real villains in Australia’s renewables debacle? Three big energy companies

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Extensive ‘advice’ from AGL, Energy Australia and Origin on the Renewable Energy Target has been a disaster – except for the companies’ profits The Guardian - John Hewson Industry minister Ian Macfarlane would not have believed his luck when the clean energy council (CEC) buckled to a 20% reduction in the renewable energy target (RET), diminishing the target from 41,000 gigawatt ... Read More »

Territorial waters: Pakistan’s sea grows by 50,000 sq kms

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ISLAMABAD: Pakistan’s exclusive economic zone has grown by 150 nautical miles, adding around 50,000 square kilometres of international waters to its territory. The Express Tribune – By Our Correspondent A United Nations commission has accepted Pakistan’s claim for extension of its continental shelf limits from 200 nautical miles to 350 nautical miles, according to a statement issued by the Pakistan Navy on ... Read More »

Sanction-free Cuba reaches out for energy ties

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Sanction-free Cuba is looking to strengthen energy ties with India and cooperation in the oil & gas sector is on cards when its first vice-president, Miguel Diaz-Canel, visits New Delhi starting next week, sources told FE. The Financial Express – By: Huma Siddiqui and Siddhartha P Saikia | New Delhi | In 2014, government-owned explorer ONGC Videsh relinquished stake in two ... Read More »