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EU says Gazprom should set equal gas price for all European buyers

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Russia must agree to European Union requirements for an open natural gas market, the EU Energy Commissioner said, specifying that this implies that the price for imported Russian gas should be identical across the European Union. “Our Russian partner understands our rules but doesn’t accept them,” Guenther Oettinger said at an energy conference in Lithuania. “It can’t... 

Group That Admitted Manufacturing Global Warming Still Pushes Forward

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Club of Rome wants new “system of governance” to enforce eco-hoax. The same secretive organization that admittedly manufactured the global warming threat in 1990 is still pushing the same hoax today, with the Club of Rome issuing an alarmist report predicting a catastrophic rise in temperatures that will decimate the planet. “Rising carbon dioxide emissions will cause a global average temperature... 

Egypt cuts off gas supply to Israel

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Egypt has canceled its natural gas supply deal with Israel, insisting the move has nothing to do with politics. Israel downplayed the decision, which could further deteriorate bilateral ties that have decayed markedly since the Egyptian revolution. Egypt’s Natural Gas Holding Company announced the termination of the contract on Sunday, citing violations of contractual obligations. It denied the... 

Argentina seizes gas company owned by Repsol

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A YFP Gas tanker Argentina has ordered the seizure of YFP Gas, another company controlled by the Spanish firm Repsol, as part of plans to take control of the country’s natural resources and increase production. “There’s a division (of Repsol) called YPF Gas and that’s what will be expropriated,” Argentine Senator Marcelo Fuentes said on Wednesday. The move to declare YPF Gas... 

15 European countries apply for Tehran's oil show despite sanctions

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Despite the European Union’s sanctions against Iran’s oil sector, oil and gas companies from 15 European states have thus far put in a request to take part in Tehran’s 17th International Oil, Gas, Refining, and Petrochemical Exhibition. “So far, 1,255 domestic and foreign companies from 44 countries have registered to take part in this international exhibition,” Eshaq Rouyvar, the director... 

US threatens Pakistan with sanctions over Iran gasline

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US Secretary of State Hillary Clinton US Envoy Tells Pakistan to Buy Gas Somewhere Else US Secretary of State Hillary Clinton have threatened to impose sanctions on the Pakistani government following reports that they intend to construct a natural gas pipeline to neighboring Iran, which would be used to import gas into energy poor Pakistan. Pakistan has been struggling with energy shortages for years,... 

Iran to complete Pakistan gas pipeline ahead of schedule

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Iran is ready to complete and inaugurate the proposed Iran-Pakistan gas pipeline project ahead of the due date, the vice president for international affairs said in Islamabad today. In a meeting with Pakistani finance officials, Ali Saeedlou said that Iran is prepared to help Pakistan establish the pipeline ahead of the date the two sides have agreed upon, IRNA news agency reported. Despite the threat... 

Details Emerge of America's Secret Oil War with Russia

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U.S. diplomats scored a silent victory last month when the Italian oil company Eni and Russian energy giant Gazprom postponed a deal to share a large claim to Libyan oil. The State Department can’t take credit, however, as the two companies based their decision to shelve the arrangement was based on the violence in the region. But it’s all part of a bigger plan to keep access to oil out... 

Battle for Arctic oil intensifies as US sends Clinton to polar summit

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Melting of the polar ice cap has made Arctic resources more accessible. WikiLeak cables show fears that Arctic resources rivalry could lead to military conflict between Nato and Russia. The US government has signalled a new determination to assert its role in Arctic oil and gas exploration by sending secretary of state Hillary Clinton and other ministers to a summit of the region’s powers for... 

Meat prices skyrocket

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Natural disasters, market fluctuations, prices soaring for gas and grain: these are world events that don’t just make it onto your T.V. screen. They’re affecting what’s on your dinner table. Several factors are at work that have meat prices on the rise. Watch the video to see how one local market is dealing with the soaring prices. Source  Read More »

Lukashenko said will not pay Russia for gas, Medvedev cuts gas to Belarus

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“President” of Belarus Alexander Lukashenko Arguments by the Belarusian ruler are surprising as usual: how can we owe to Russia, if we fought together in 1941? Alyaksandr Lukashenka called today to show the Russian leadership a Belarusian-Russian film about the Brest Fortress to remind about the unity of the two peoples, Interfax news agency reports. “The film has made a storm of impressions... 
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