November 21, 2017

Energy

  • Britain’s EU exit threatens its commitment to halt coal use

    The decision by Britain to pull out of the European Union is likely to have a severe impact on its pledge to stop the use of coal in power plants. Experts warned that by leaving the EU, Britain would lose access to cheap, foreign supplies of gas and electricity forcing them to re-think their plans…

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  • Iranian billionaire to appeal oil fraud death sentence

    Lawyers for Iranian billionaire Babak Zanjani have announced that their client will appeal against his sentence of death which was delivered in an oil fraud case. Rasoul Kouhpayezadeh said in an interview with the Iranian Students News Agency that “the sentence is not final and there is room to dispute it.” Zanjani was accused of…

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  • Oil Drilling Contamination Cost Chevron $8.6 Billion Fine

    Chevron Corp. has been found responsible for oil drilling contamination in a vast area of Ecuador’s northern jungle. The oil giant has been ordered to pay a massive fine of $8.6 billion in damages and clean up costs. Despite the fact that this has been reported as the highest award for damage in an environmental…

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  • Obama Triggers Blackouts by Blocking Of New Power Plants

    The rolling blackouts being experienced across the country, during this spell of extreme cold weather, is a direct consequence of the Obama administration’s agenda to lay siege on the coal industry, according to an article by Alex Jones & Paul Joseph Watson today on the Prison Planet website. According to the article “Planned power outages…

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  • Are you Ready to Pay $5 A Gallon For Gas

    John Hofmeister, a former Shell executive has painted a gloomy picture of the future, as he predicts $5 a gallon, gas prices by 2012. If $5 a gallon was not bad enough, Hofmeister is also predicting that supply of gas is going to be outstripped by the demand, before the end of the decade, despite…

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