Beijing announced a ban on low-grade, high-polluting coal earlier this week, but reports have emerged suggesting that power plants will be exempt from the new restrictions.
Russia’s state-owned natural gas firm looks set to produce less gas this year than it ever has in its history, in no small part thanks to the decision to cut off supplies to Ukraine.
Though oil production in the North Sea is on the decline, tomorrow’s historic independence vote in Scotland will both affect and be affected by those offshore reserves.
Russia claims the most recent round of energy sanctions—targeting partnerships with foreign companies to extract unconventional oil and gas reserves—won’t have an effect on future production. Moscow’s creation of a crisis fund for sanctions-hit companies suggests otherwise.
A new study finds poorly cemented wells, not hydraulic fracturing, to be at fault for groundwater contamination problems associated with the American shale boom.
With Russia no longer supplying it with natural gas, Ukraine is now relying on its other European neighbors to reverse their own gas flows and help make up the massive energy shortfall. This winter looks to be a cold one for Europe.
Following a long-running price dispute, Russia shut off gas flows to Ukraine in June. Now, Gazprom is reporting a 41 percent loss in first quarter earnings.
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