'Business as usual’ in Russia – BP

Speaking at BP’s annual shareholder meeting, CEO Bob Dudley said BP can “act as a bridge” between Russia and Europe, adding that it was “business as usual” between the oil giant and Russia.

11.04.2014 10:46

Navy creates ship fuel from seawater

Researchers working for the United States Navy say they are around a decade away from mastering a procedure that will make high-powered fuel for the military’s fleet of ships out of run-of-the-mill seawater.

08.04.2014 14:26

US to become oil independent by 2037 – EIA

US may stop importing oil by 2037 as abundant domestic crude supplies, including North Dakota’s Bakken field and Texas’s Eagle Ford formation, may push production to the level of consumption, according to the US government.

08.04.2014 10:46

Europe not moving away from Russian energy

Europe has no plans to move away from Russian gas, with major energy projects like South Stream expected to remain in place, according to Reiner Hartmann, Chairman of the Association of European Businesses.

08.04.2014 07:41

​Gazprom Neft CEO says ditch dollar, look east if sanctions escalate

The oil arm of Gazprom says 95 percent of foreign partners are ready to do business in the euro. The company’s CEO said it could divert exports to Asian markets should the West intensify sanctions.

07.04.2014 06:53

​Libyan rebels agree to end eastern oil ports blockade within days

Rebel forces in eastern Libya have agreed with the government to soon end its months-long blockade of oil export ports, according to a senior leader of the group.

01.04.2014 21:29

Heated issue: Russia to construct gas pipeline to Crimea

Russian gas exporter Gazprom will build a pipeline to supply gas to energy-strapped Crimea, according to the Russian Ministry of Energy.

01.04.2014 07:28

​Berezovsky death: Police say suicide, family say murder, coroner records ‘open verdict’

The coroner has pronounced an ‘open verdict’ on the death of fallen tycoon Boris Berezovsky, after a two day hearing during which “contradictory” evidence was heard.

27.03.2014 23:19

‘Depressed’ ex-oligarch Berezovsky became ‘shell of a man’ in months before suicide

The bodyguard of Russian tycoon-in-exile Boris Berezovsky told a coroner’s inquest of the harrowing months and hours that preceded his suicide a year ago.

26.03.2014 16:48

Deepwater Horizon oil spill cause fatal heart defects in tuna - study

The 2010 BP Deepwater Horizon oil spill have likely inflicted serious heart defects and possibly premature death in tuna and other large marine fish, according to a study initiated by the National Oceanic and Atmospheric Administration (NOAA).

25.03.2014 08:19

Oil spill clean-up closes off vital Texas channel for second day

A massive oil spill clean-up operation shut down the Houston Ship Channel for the second day on Sunday, blocking dozens of ships. An oil barge with a 900,000-gallon tank collided with a ship on Saturday and spilled up to 168,000 gallons.

23.03.2014 22:26

Sanctions effect: Russia to change its economic partners…for the better

Western sanctions might push Russia to deepen cooperation with BRICS states, in particular, to strengthen its ties with China, which will possibly turn out to be a big catastrophe for the US and the EU some time later.

21.03.2014 14:01