Archive for January 24th, 2013

Ukraine set to sign landmark $10 billion shale gas deal with Shell

Reuters: Ukraine will take a first major step away from dependency on Russian gas supplies on Thursday when it seals a $10 billion shale gas deal with Royal Dutch Shell (RDSa.L). Due to be signed at the World Economic Forum in Davos, the production sharing agreement will mark the biggest contract yet to tap shale gas in Europe and the largest single foreign investment in the former Soviet republic. Shell has not publicly confirmed the deal. But the Ukrainian government signed off on it on Wednesday...

Climate change has to be part of Keystone pipeline debate

Toronto Star: Saskatchewan Premier Brad Wall, joined by 10 U.S. governors, released a letter recently urging President Barack Obama to swiftly approve the Keystone XL pipeline project. As always, the argument is simple, and narrowly framed: 1. Canada has a lot of oil and the U.S. needs oil. 2. We don’t have enough pipeline capacity to handle our ambition for unconstrained growth in oilsands production. 3. Building the pipeline will create jobs. What could be simpler? Nothing -- as long as you pretend climate...