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Energy Resources

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  • Russian economy hit by Ukraine fallout; 0% growth in 2014 possible

    Russian economy hit by Ukraine fallout; 0% growth in 2014 possible
    Russia's economy has been hit hard by the Ukraine crisis, prompting finance officials to cut growth forecasts for this year to near zero and draining the country's hard currency reserves as investors flee an uncertain market, Kremlin officials disclosed Wednesday.
  • Petroleum group says fracking helped reduce greenhouse gas emissions

    Petroleum group says fracking helped reduce greenhouse gas emissions
    The American Petroleum Institute said hydraulic fracturing, or fracking as it is sometimes called, contributed to a 3.4% drop in greenhouse gas emissions in 2012, the trade group said in a statement. The U.S. Environmental Protection Agency on Tuesday...

    EU struggles to unpick the knot of Russia-Ukraine gas logistics

    (This April 14 story was corrected to change year of previous supply cuts in third paragraph to 2006 from 2007) VELKE KAPUSANY, Slovakia/FRANKFURT (Reuters) - Unprecedented talks across the European Union on Tuesday showed it scrambling for solutions...

    Remote, oil-rich Shetland elbows way into Scotland's independence vote

    LERWICK, Shetland Islands (Reuters) - Twelve hours by ferry from the Scottish mainland, hundreds of miles from Edinburgh and closer to Oslo than London, the windswept Shetland islands have their own aspirations about Scottish independence. Some of the...

    Louisiana Democrat highlights independence from Obama in new ad

    Louisiana Democrat highlights independence from Obama in new ad
    When Sen. Mary L. Landrieu assumed the chairmanship of the Senate’s Energy and Natural Resources Committee this year, it was a major boon to her difficult reelection campaign—placing her in a prominent position to aid her state’s oil and...