Welsh songstress Charlotte Church performed a soulful live rendition of “Requiem for Arctic Ice” outside Shell’s headquarters in London on Wednesday to protest the energy giant’s attempts to drill for oil in the Arctic.
Campaigners will stage a theatrical protest against BP’s sponsorship of the Edinburgh International Festival on Sunday. They argue cultural institutions across the UK are offering a veil of legitimacy to the firm as it continues to drive climate change and cause environmental destruction.
Russia’s biggest private oil producer Lukoil has no plans to leave Romania or change the management of its Petrotel refinery, said Lukoil Vice President Thomas Mueller. Recently Bucharest has seized €2 billion worth of Petrotel assets.
Oil prices continued to slide Tuesday with the Russian ruble as Iran and six world powers reached a conclusive deal on Iran’s nuclear program. The deal comes into force in 90 days after UN Security Council ratification.
Two blasts have rocked a petrochemical plant in Bouches-du-Rhône department in southern France, authorities say. The explosion occurred close to Marseille Provence Airport, the fifth-busiest in the country.
Ukrainian Finance Minister Natalie Jaresko announced that Kiev will be lowering its natural resource royalty taxes to spur business. The move comes following complaints from investors that the 55 percent rate introduced last year was too high.