Germany’s dependence on Russian gas poses risks for Europe – Polish PM, posted on Reuters
Poland’s prime minister said on Monday he would ask Chancellor Angela Merkel to work to reduce German and European dependence on Russian gas to avert “potential aggressive steps by Russia in the future”. [Read More…]‘Development in Russia, Ukraine key for precious metals’ by Kishore Narne, posted on CNBC’s Money Control
This week is pretty light on economic data but the developments surrounding Russia and Ukraine will keep activity high in precious metals. While equity markets are near all-time highs, their reaction to geopolitical events will be closely watched. [Read More…]Oil Futures Inch Down On China Worries, posted on ICN.com
Crude oil prices slipped early Monday, but concerns over supply from Russia in light of event in crisis-hit Ukraine continued to support the energy market with the start of the week. [Read More…]Influential Investor Jim Rogers Talks Commodities And Japanese Stocks (Q&A) by Nat Rudarakanchana, posted on International Business Times
Maverick investor Jim Rogers founded the Quantum Fund hedge fund in 1973 along with George Soros. Rogers made his fortune early and retired at 37. He later traveled on a motorbike around the world in 1990, and then visited six continents over three years in 2003, chronicling his adventures in books. [Read More…]‘A lot of fear’ about fracking by Cathy Dyson, posted on FredericksBurg.Com
The Texas oilman says that every time hydraulic fracturing, or fracking, is discussed in the region, people present the “nightmare scenario.” [Read More…]‘Environmental Policy Alliance,’ PR Firm Front Group, Targets LEED, Green Groups And EPA by James Gerken, posted on Huffington Post Green
A front group for Washington, D.C.-based public relations firm Berman & Company is back with new targets: green buildings, green groups and the Environmental Protection Agency. [Read More…]XL, Or No XL? Public Comments End With Poll Surprise, posted on Planet Save
Friday afternoon, and officials at the State Department are probably breathing a huge sigh of relief. The official public comment period on the northern extension of the $5.4 billion Keystone XL pipeline expired today. And the unofficial public comment that’s making the news is today’s release of a new Washington Post-ABC News poll that has proponents of the pipeline winning over protesters by a margin of at least two and a half to one, counting sampling error. [Read More…]Egypt Faces Political Crisis as Severe Energy Issues Can’t be Blamed on Muslim Brotherhood by Rachel Williamson, posted on the International Business Times
Egypt is facing another political crisis, as one of the main reasons for the public ousting the previous government, rears its ugly head again – energy. [Read More…]Fuel Crisis Exposes Deception Of Regulators by Chika Izuora, posted on Leadership
The latest round of fuel scarcity across major cities in the country did not take Nigerians by surprise. There were enough signals to that effect. The Major Oil Marketers Association of Nigeria (MOMAN) represented by Mr Obafemi Olawore had in late January informed the government about the approaching crisis. [Read More…]German public, industry wary of economic sanctions against Russia by Gernot Heller, posted on Reuters
A German business group says the imposition of economic sanctions on Russia should the Ukraine crisis worsen would have a huge effect on the global economy. [Read More…]Russian oil giants in tussle over gas supplies, posted on GulfNews.Com
Russia’s top crude oil producer Rosneft wants to break the monopoly of another state-owned energy champion, Gazprom, to export gas via pipelines, sources said, signalling a flare-up between powerful clans. [Read More…]Live Industry News
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