Gas

Fracking to blame? Alabama earthquakes occurring near shale-gas developments

More than a dozen minor earthquakes have struck western Alabama’s Greene County since November. The area is near the Black Warrior Basin, where thousands of hydraulic fracturing natural gas wells have been operating in recent years. The Associated Press reported Sunday that Greene County has had 14 notable yet inexplicable seismic events since November 20, […]

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Texas officially prohibits cities from banning fracking

A new Texas law signed by Republican Governor Greg Abbott prohibits cities and towns from imposing local ordinances to prevent fracking and other potentially environmentally harmful oil and natural gas activities. In debating the law, Texas lawmakers emphasized the state’s successful development of oil and gas for more than 100 years.

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Serbia wants to join Turkish Stream – foreign minister

Serbia is interested in joining the Turkish Stream gas pipeline project, as it wants to ensure energy security for its citizens and cut dependence on deliveries via Ukraine, said the Serbian Minister of Foreign Affairs Ivica Dacic. “At present, we can express our readiness for participation in this project because we need reliable gas supplies,” […]

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ISIS, Albanian extremists – US supports anyone who does what it wants

The US still supports the Kosovo project even though it has failed and brought great instability to the region making many Kosovan extremists join ISIS and come back now to destabilize nearby Macedonia, says International affairs commentator Marko Gasic. Anti-government protests are back on the streets of Macedonia’s capital, Skopje.

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Gazprom, Ankara agree to start Turkish Stream gas deliveries in Dec 2016

The Turkish Stream pipeline will become operational in December 2016, said head of Gazprom Aleksey Miller. “An agreement [between Russia and Turkey] has been reached on operational commissioning and the start of gas deliveries via Turkish Stream in December 2016,” said Miller, according to a statement released by Gazprom.

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Russian govt approves gas supplies to China via the world’s biggest pipeline

Russia’s upper house of Parliament, the Federation Council, has ratified the plan to deliver 38 billion cubic meters of natural gas to China. The deliveries are slated to begin as early as 2018. The bill hashes through the detail of exactly how the nearly 4,000 kilometer long pipeline will be built and operated.

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IMF aid package pushes Ukraine gas prices up 280%

Ukraine has agreed to increase the cost of gas to consumer by 280 percent, and 66 percent for heating, as part of the IMF terms for getting extra financial aid, says Valery Gontareva the head of the National Bank of Ukraine. “From now on, in accordance with our joint program with the IMF, the tariffs […]

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Bulgaria ready to issue South Stream permits

Bulgaria is ready to issue all the necessary permits for the construction of the South Stream pipeline, according to Prime Minister Boyko Borisov. He said it will up to Gazprom whether the pipeline is built or not. Borisov said he has the full support and understanding of the European Union and that Bulgaria is not […]

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What Putin is not telling us

Even facing what under any circumstances is a perfect storm; President Putin delivered an extremely measured performance at his annual press conference and Q&A marathon. The perfect storm evolves in two fronts; an overt economic war – as in siege by sanctions – and a concerted, covert, shadow attack to the heart of the Russian […]

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Putin: Nuclear projects core of cooperation between Russia and India

When President Putin makes his lightning one-day visit to India, the main thing on his mind will be power. He’ll be discussing nuclear cooperation and energy when he meets Prime Minister Modi. “Nuclear energy cooperation is one of the pillars of our strategic partnership. We concluded two inter-governmental agreements in this field in 2008 and […]

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The bullying of Hungary – the country that dared to disobey the US and EU

25 years ago, Hungary was being toasted in the West for opening its border with Austria to East Germans, in a move which led to the fall of the Berlin Wall. Now the Western elites are not happy with Budapest which they consider far too independent. The refusal of Prime Minister Viktor Orban and his […]

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EU: No guarantees for Russia if Ukraine fails to settle gas debt

The EU won’t provide any new funds for Ukraine to pay off its gas debt to Russia, and Moscow has no guarantees should Kiev use agreed funding elsewhere, said the EU Energy Commissioner’s spokeswoman Marlene Holzner. The European Commission is allocating €760 million ($954 million) of financial aid to Ukraine earlier than scheduled to help […]

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Russia starts first-ever gas trading in St. Petersburg

Russia, the world’s second-largest producer of natural gas, has launched its first auction of natural gas on Friday at the St. Petersburg International Mercantile Exchange (SPIMEX). It will be Europe’s largest natural gas trading post. The project is intended to create a more competitive market for natural gas prices, which at present are more-or-less tied […]

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Putin: Russia’s isolation is “absurd and illusory goal”

Trying to isolate Russia with sanctions and restrictive measures is “an absurd and illusory goal,” Russia’s president has said. Moscow intends to “further deepen” cooperation with EU partners, Vladimir Putin told the Serbian newspaper, Politika. “If the main goal is to isolate our country, it’s an absurd and illusory goal. It is obviously impossible to […]

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California aquifers contaminated with billions of gallons of fracking wastewater

Industry illegally injected about 3 billion gallons of fracking wastewater into central California drinking-water and farm-irrigation aquifers, the state found after the US Environmental Protection Agency ordered a review of possible contamination. According to documents obtained by the Center for Biological Diversity, the California State Water Resources Board found that at least nine of the […]

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