Energy

Unaoil fixer paid bribes under nose of FBI

A middleman who received millions of dollars from Unaoil — a Monaco-based firm now at the center of an international bribery scandal — in return for improperly influencing officials in U.S.-occupied Iraq was also operating businesses in America. He did all this under the nose of the U.S. Department of Justice and the FBI — for years, without getting caught… Source: Unaoil fixer paid bribes under nose of FBI Read More »

Russia Remains Determined To Stop Israel-Turkey Pipeline Deal

It has been six years since the Israeli raid on the Mavi Marmara ship that was aiming to reach the Gaza coast in May 2010. In the wake of the Mavi Marmara crisis, Turkey and Israel relations rapidly worsened; both countries withdrew their ambassadors and cut diplomatic ties. Turkey’s downing of a Russian jet along the Syrian border on November 24, 2015 has forced Ankara to adjust its foreign policy… Source: Russia Remains Determined To Stop Israel-Turkey Pipeline Deal | ... Read More »

Is oil heading for a ‘hard fall’ in the next month?

Two years of supply excess have apparently ended with a spate of supply outages. Oil price surges amid supply ‘deficit’ claims – but will the rally last? The oil price is rising again following claims from one of the most bearish forecasters in the market that supply has “flipped” into deficit in recent weeks… Source: Is oil heading for a ‘hard fall’ in the next month? | The Week UK Read More »

‘Tantalisingly close’: is solar thermal energy ready to replace coal-fired power?

Australian projects are viable already – now the industry needs investors willing to take a risk on large-scale renewable energy.. Companies working on large-scale solar thermal projects in Australia say they are tantalisingly close to achieving the dream of building plants big enough to replace coal-fired energy in Australia… Source: ‘Tantalisingly close’: is solar thermal energy ready to replace coal-fired power? | Guardian Sustainable Business | The Guardian Read More »

Ireland On Course to Develop Hydrocarbons, Employment

Ireland’s hydrocarbon sector is attracting an array of oil and gas industry giants in its 2015 Atlantic Margin Oil and Gas Exploration Licensing Round, with eight companies receiving new acreage in the southern Porcupine Basin as part of the first phase awards. The second, and final, phase of awards is scheduled for mid-May and will see a range of new acreage awarded to a variety of oil and gas exploration and production firms. Source: Ireland On Course to Develop Hydrocarbons, ... Read More »

Tony Blair courted Chinese leaders for Saudi prince’s oil firm

Tony Blair obtained a “blessing” from Chinese leaders for a company owned by a Saudi prince to do business in China as part of an arrangement that paid the former UK prime minister’s firm £41,000 a month and a 2% commission on any multimillion-pound contracts he helped to secure… Source: Tony Blair courted Chinese leaders for Saudi prince’s oil firm | Politics | The Guardian Read More »

Global donors pledge more money for nuclear safety on Chernobyl anniversary

Ukraine has commemorated the 30th anniversary of the Chernobyl nuclear disaster. Global donors have used the occasion to pledge additional funds to help keep the area safe for generations to come. Ukraine’s President Petro Poroshenko placed flowers at a memorial in Kyiv Tuesday honoring the “Heroes of Chernobyl” following the… Source: Global donors pledge more money for nuclear safety on Chernobyl anniversary | News | DW.COM | 26.04.2016 Read More »

New report shows 100% renewable by 2030 can save Australia money

A new report from the Institute for Sustainable Futures in Sydney says a rapid transition to a 100 per cent renewable energy system can save Australia money – with avoided fuel costs to quickly offset the extra capital expenditure of building wind, solar and other renewable energy installations. “The transition to a 100 per cent renewable energy system by 2050 is… Source: New report shows 100% renewable by 2030 can save Australia money : Renew Economy Read More »

SNP to raise bar on carbon emissions with 50% cut by 2020

Nicola Sturgeon will this week attempt to boost the SNP’s green credentials by announcing one of the world’s most ambitious targets to reduce carbon emissions. Scotland on Sunday can reveal that a commitment to raise Scotland’s 2020 climate target from the current 42 per cent… Source: SNP to raise bar on carbon emissions with 50% cut by 2020 – The Scotsman Read More »

The Leap Manifesto opens horizon for bold new politics in Canada

The media attacks are a sign: a New Democratic Party that takes on inequality and climate change can crack open the country’s political debate. From the headlines screaming outrage on the front pages of Canada’s newspapers, you’d think the New Democratic Party had shuttered their… Source: The Leap Manifesto opens horizon for bold new politics in Canada | Martin Lukacs | Environment | The Guardian Read More »

Europe’s last coal mines struggle for lifelines

Producers in the Czech Republic, Poland and Romania try to stay afloat as losses mount.. Some of Europe’s last remaining coal producers, in the Czech Republic, Romania and Poland, are grasping for government support to keep from going under and taking thousands of jobs with them… Source: Europe’s last coal mines struggle for lifelines – POLITICO Read More »

Bangladesh Anti-Coal Tensions Rising, After Police Shoot Four Dead

Tensions around coal-fired power are reaching breaking point in Bangladesh, after four protestors were shot dead by the police on April 4, and a witch-hunt for more than 3,000 unnamed others began. Villagers in the coastal area of Banskhali, near Chittagong, admit to burning a vehicle well before the April 4 shootings, but deny theyMore… Source: Bangladesh Anti-Coal Tensions Rising, After Police Shoot Four Dead – New Matilda Read More »

Australian oil and gas lobby spent millions advocating against climate action: report

Australia’s oil and gas industry lobby group spent $3 million last year “obstructing” ambitious climate change policy through its advocacy work, according to an assessment by not-for-profit research group InfluenceMap… Source: Australian oil and gas lobby spent millions advocating against climate action: report Read More »

Venezuelans get Fridays off for two months to save energy

Venezuelan workers will get Fridays off for the next two months as part of an emergency plan to save electricity, the president said. Venezuela has the world’s largest proven oil reserves but its economy is a mess, with rampant inflation, shortages of goods as basic as soap and toilet paper and constant blackouts… Source: Venezuelans get Fridays off for two months to save energy – AMERICAS Read More »

Energy firms eyeing consortium to carry Israeli gas through Turkey

At least 15 energy companies want to be part of a planned consortium which will carry Israeli gas to Europe via Turkey, according to Turcas CEO Batu Aksoy, who said the first Israeli gas may reach Turkey in the next five years… Source: Energy firms eyeing consortium to carry Israeli gas through Turkey – ENERGY Read More »

Inside the abandoned city of Pripyat, 30 years after Chernobyl – in pictures

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Tens of thousands were evacuated from the neighbouring city of Pripyat following the Chernobyl nuclear disaster in 1986. Lynn Hilton visits the deserted city – and finds homes, schools and a fairground left to decay… Source: Inside the abandoned city of Pripyat, 30 years after Chernobyl – in pictures | Cities | The Guardian Read More »