International Energy Agency executive director Fatih Birol says the fossil fuel industry will only alter practices if governments show they are serious about stifling global warming. “The world needs a “peaceful divorce” between economic growth and the rise in greenhouse gas emissions, one of the world’s leading energy economists has said – but this will only happen if a crunch climate conference in December sends a strong signal that governments are serious about tackling global warming.
Fatih Birol said the UN conference in Paris would be “the last chance to put the energy sector on the right course.” [The Guardian]
The leaders of Russia and Turkey have held talks behind closed doors in Baku, the capital of Azerbaijan discussing energy projects and the Ukrainian conflict..”Russian President Vladimir Putin and his Turkish counteroart recep Tayyip Erdogan discussed large energy projects, such as the construction of the Turkish Stream gas pipeline and of the Akkuyu nuclear power plant, and the situation in Ukraine, Putin’s press secretary Dmitry Peskov revealed.
The leaders confirmed their readiness to bring bilateral trade turnover between Russia and Turkey to $US 100 billion by 2020. In 2014, trade between the two countries exceeded $31 billion. ” [RT]
Chesapeake Energy is seeking the dismissal of a lawsuit that alleges the company took oil and gas from a property without a prior lease agreement. “Six nonprofit groups in Wheeling sued the company in U.S. District Court in Wheeling on May 1. The lawsuit said Chesapeake incorporated 224 acres jointly owned by the groups in Ohio County in two pooled drilling units it formed without leasing the property,
The Intelligencer and Wheeling News Register reported. The lawsuit also alleges that Chesapeake trespassed by taking oil and gas from the property without a lease, and that the company has cost the plaintiffs hundreds of thousands of dollars’ worth of lost revenue. Chesapeake’s lawyers said in a response to the lawsuit that the plaintiffs can’t prove any of the allegations.” [Bluefield Daily Telegraph]
