Russia

G7 Leaders Meet To Discuss Ukraine During Nuclear Summit

The quest to encourage better behavior from Russia continues. President Obama and the European Union this week announced new sanctions to protest Russia’s involvement in Ukraine, measures that focus on Russia’s energy, arms and finance sectors. The president: “Today … the United States is imposing new sanctions in key sectors of the Russian economy:  energy,… Keep reading →

Moscow Travel Destination

With approximately 5% of Russia’s annual budget spent on the energy needs of public buildings, it’s quite logical that the government eventually decided to introduce a law regulating energy efficiency in the sector. This happened in 2009. Since then, it has been modified 19 times, but the key problems with energy efficiency stimulation in the… Keep reading →

EPA Proposes Changes To Ethanol Mandate In Gasoline

Biofuels proponents have been meeting with White House officials this week in attempts to ensure Renewable Fuel Standard blending requirements will not be reduced this year, as first indicated by EPA. The various groups also want new classifications of biofuels to be included as accepted fuels under the legislation. “More than 35 applications for new… Keep reading →

The 70th Anniversary Of The D-Day Landings Are Commemorated In Normandy

Morgan Stanley analysts floated the idea that Russia’s President Putin could order state-controlled natural gas export monopoly Gazprom to cut supplies to European firms in retaliation for western-imposed economic sanctions. It appears the incremental damage such a move would cause to Russia’s economy makes using the “gas weapon” unlikely, but the Putin regime is not… Keep reading →

(FILES) A file picture taken on August 8

Geopolitical turmoil and security threats in major producing regions are never good for oil market stability, and while global benchmark oil prices have been cruising through an historic range-bound lack of volatility for an extended period, geopolitical headwinds show no sign of abating in the near term according to Barclays’ research. The bank forecasts 2014 Brent… Keep reading →

This picture shows Tokyo Electric Power'

On May 15, Japanese Prime Minister Shinzo Abe held the seventh meeting of the Advisory Panel on Reconstruction of the Legal Basis for Security in his long quest to advance the reinterpretation of its ‘Pacifist’ Constitution and to allow finally for the exercise of Japan’s right to collective self-defense. During the meeting, the members of… Keep reading →

Mikhail Khodorkovsky Holds First Press Conference Since Prison Release

A European court ruled former Russian oil company Yukos’ shareholders are entitled to $50 billion because the Russian government illegally expropriated assets and orchestrated the firm’s demise. Collecting the money, however, will be no easy task. “It is the tribunal’s view that Yukos was the object of a series of politically-motivated attacks by the Russian… Keep reading →

High Gas Prices Prompt Bush's Decision To Lift Ban On Offshore Oil Drilling

Crude oil transportation in the US ballooned to 1 million barrels per day in recent years as production swelled beyond existing pipeline infrastructure capacity. A series of explosive accidents involving crude oil train cars has sparked regulators to strengthen rules and safety measures governing these pipelines on wheels. “Tens of thousands of these older tank… Keep reading →

National Clean Energy Summit 6.0 In Las Vegas

Billionaire activist Tom Steyer came under the microscope last week when the New York Times profiled his role in managing a fund that invested heavily in Australian coal. Now a climate change mitigation crusader and democratic funder, some have called Steyer’s former Wall Street activity his Achilles’ heel, but many in the environmental community rushed… Keep reading →

Reaction In Kuala Lumpur As Air Malaysia Plane Crashes In Eastern Ukraine

It appears confirmed that a Russian surface-to-air missile fired by Ukrainian separatists loyal to the Kremlin took down a Malaysian passenger jet over Eastern Ukraine yesterday. If it is in fact confirmed the Putin regime supplied the weapon, “there will be serious diplomatic consequences,” Kenneth Yalowitz, a retired senior US diplomat who served several tours… Keep reading →

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