Britain is issuing new licenses for oil and gas drilling for the first time in six years. The country won’t find replicating U.S. shale success simple or easy, but this latest move is a step in the right direction.
Nearly three out of four Chinese coal enterprises are running in the red, the result of a supply glut that points to a broader slowing of the Chinese economy.
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Germany is paying its utilities record amounts to help balance out its increasingly volatile energy market, the result of the country’s green energy policy.
Putin reportedly ordered the Russian government to consider ending Gazprom’s monopoly on gas exports, but a Kremlin economic adviser says the state-owned firm’s grasp on markets abroad is “unshakeable.”
Genetically modified crops could feed millions of hungry Africans and bolster the continent’s shaky food security, but Luddite anti-GMO campaigners have so successfully smeared the technology that no African government has approved its use.
Modern agriculture is focused on growing more with less, but the monoculture approach that entails also leeches necessary nutrients out of soil. Have we hit “peak soil,” and if we have, what can we do about it?
In response to a 2003 strike, then-President Hugo Chávez fired some 18,000 employees from Venezuela’s state-owned oil firm. The effects of that decision are still visible in the country’s flagging oil production.
The International Energy Agency’s chief economist warned that “thirty million jobs are in danger” in Europe, as petrochemical manufacturers eye greener grass in shale-rich America.
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