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Natural resources

Venezuelan president resolved to return oil to $100 a barrel
Venezuela is determined to fight for a return to a ‘fair’ $100 oil price, President Nicolas Maduro announced following OPEC’s decision to keep current output levels.

28.11.2014 05:34

OPEC decision will keep oil prices low & hit Russia, Iran, US – experts
Russian officials and experts warned that oil prices will remain below $80 per barrel for some time, after OPEC’s decision not to cut output. It will hurt the economies of Russia, Iran, and Venezuela – and deal a blow to shale oil production in the US.

28.11.2014 00:50

​New research to turn salty oceans into a renewable energy source
Dutch researchers are to test a renewable water energy source known as “blue energy” at an experimental facility which opened on Wednesday.

27.11.2014 13:59

​Germany considering phasing out coal power generation
The government in Berlin is debating ditching the use of coal, which generates almost half of Germany’s electricity, in an effort to keep cuts in carbon emissions on target.

25.11.2014 07:01

‘OPEC can easily decide to do nothing about oil prices’
There are three possible outcomes to the OPEC meeting: either they leave the situation as it is, or stick to a 30 million barrel per day ceiling, or cut oil production, Stuart Elliott, Senior Managing Editor of Europe & Africa Oil News, told RT.

20.11.2014 13:10

Giant sinkhole swallows up old mine in Russia's Urals (PHOTOS)
A sinkhole 20 by 30 meters (65 by 98 feet) in size has been found near a Uralkali mine in Russia's Perm region. While the company says the development is of no further threat, locals fear the whole nearby town could go underground.

20.11.2014 16:01

​Dump ‘n’ ride: Poo-powered, eco-friendly bus hits UK streets
Britain’s first poo-powered bus has done the business - making its maiden journey through the west of England. The bus service, which will run between Bristol and Bath, is completely powered by treated sewage and food waste.

20.11.2014 13:51

Ukraine's coal reserves 'unprecedented' low, not enough for another month - Deputy Energy Minister
Two out of ten coal-fired power plants in Ukraine only have enough stock for a few days, as the key coal mines supplying the plants are located in Donbass where Kiev and self-defense forces are fighting, says Ukraine's Deputy Energy Minister Yury Zyukov.

19.11.2014 15:25

Big Oil, corruption & Islamist weapon sales blight UK-Somalia relations – UN
Britain’s relationship with Somalia has come under scrutiny after a report detailing corruption in the east African nation was published by the UN. The Security Council report claims Somalia has traded arms with Islamist militants.

18.11.2014 14:03

‘ISIS smuggles $1mn of oil daily in water-tanks, fire-trucks’- refinery worker to RT
Dozens of vehicles carrying oil leave Syria’s petroleum capital, Raqqa, currently under IS control, every hour, earning the extremist group a million dollars daily, according to an oil refinery employee in the occupied city, who has spoken to RT.

17.11.2014 09:32

‘EU may become an increasingly declining part of the world’
The eurozone has huge problems and is holding back the global economy from growing, however the world in general is doing ok, Jim O'Neill, former chairman of Goldman Sachs Asset Management, told RT.

13.11.2014 12:05

​Ukraine out in the cold this winter without coal from Russia, Donbass – Energy Minister
Ukraine doesn’t see other options than to buy gas from Russia, or coal from the self-proclaimed Donetsk People’s Republic, to keep the country warm this winter, said Yury Prodan Ukrainian Energy and Coal Industry Minister.

12.11.2014 14:24