Russia Says Economy Could Fall Into Recession Next Year

Eurasia Review The Russian government has warned the economy will fall into recession next year as Western sanctions, in response to its role in eastern Ukraine, and falling oil prices begin to bite. According to BBC News, Russia’s economic development ministry estimates the economy will contract by 0.8% next year.It had previously estimated the economy […]

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How Russia Could Derail US Natural Gas Exports

Christian Science Monitor  By Kurt Cobb Russia and China have signed two large natural gas deals in the last six months as Russia turns its attention eastward in reaction to sanctions and souring relations with Europe, currently Russia’s largest energy export market. But the move has implications beyond Europe. In the department of everything is connected, U.S. […]

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Senate Panel to Vote on Natural Gas Exports

The Hill By Timothy Cama A Senate committee will vote this week on a bill that would speed the federal government’s approval of applications to export liquefied natural gas (LNG). The legislation, sponsored by Sen. John Hoeven (R-N.D.), would set a limit on the time the Energy Department could take to consider whether a proposed […]

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Saudis continue to squeeze OPEC profits

By The Associated Press VIENNA — Saudi Arabia showed little concern for fellow OPEC members by unilaterally cutting its oil prices to the United States this week, a move that casts doubts on the cartel’s credibility and its ability to find a common plan to stabilize the slumping energy market. And while OPEC struggles to […]

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The Oil Price Swoon Won’t Stop The Shale Boom

STILL PROFITABLE AT LOWER PRICES, FRACKING IS RIPE FOR TECHNOLOGY GAINS THAT WOULD HELP IT WEATHER FURTHER DECLINES. The Wall Street Journal By Mark P. Mills With oil prices sliding, energy investors are worried, while Saudi Arabia and Russia no doubt hope, that low prices will cap America’s boom in shale-oil production. Green-energy types sit […]

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Russia's Natural Resources Minister Sergei Donskoi

Russia’s Natural Resources Minister Wants Shale Oil Regulation Eased

Reuters October 21, 2014 Reporting by Katya Golubkova; Editing by Louise Ireland Russia needs to lighten regulation to exploit unconventional oil deposits, including shale, its natural resources minister said, as conventional resources dwindle and Western sanctions limit access to foreign technologies and financing. The world’s top oil producer, believed to hold most of the world’s shale […]

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