Subscribe free to our newsletters via your
. Oil and Gas News .




OIL AND GAS
Greenpeace says Russian probe into Arctic 30 finally over
by Daniel J. Graeber
London (UPI) Oct 2, 2014


Sanctions on Russia keeping inflation high
Moscow (UPI) Oct 2, 2014 - The head of the Russian Central Bank said Thursday sanctions on the energy sector are getting in the way of efforts to control inflation.

The U.S. and European governments have imposed punitive sanctions on Russian energy companies Rosneft, Gazprom Neft and others in response to the crisis in Ukraine. In September, the European Bank for Reconstruction and Development said sanctions were taking their toll on the Russian economy.

"It's already obvious that we will not reach our goal on inflation this year; according to our assessments, inflation will be around 8 percent," Russian Central Bank Director Elvira Nabiullina said Thursday.

The bank this year said it expected Russian inflation would be around 7 percent for 2014. In August, it said it was ready prop up some of the institutions burdened by sanctions pressure.

Exports of crude oil, petroleum products and natural gas account for nearly 70 of all Russian export revenues in 2013.

A report from the World Bank finds Russia's export-based economy leaves it vulnerable.

"Current geopolitical tensions are adversely impacting" Russia's trade relationships, the bank said.

Advocacy group Greenpeace said Russian investigators have closed the books on its probe into the actions of activists dubbed the Arctic 30.

Greenpeace last year used its Arctic Sunrise vessel to gain access to the Prirazlomnaya rig, deployed by Russian energy company Gazprom for work in the country's arctic waters. Two freelance journalists and 28 Greenpeace activists, dubbed the Arctic 30, were held by Russian authorities on piracy charges last year.

Greenpeace said its lawyers were informed by the Kremlin that the investigation was officially closed.

"Since this story began, the [Russian] Investigative Committee has tried to bend the rule of law to persecute those who dare to oppose Arctic oil drilling," Greenpeace International Executive Director Kumi Naidoo said in a Wednesday statement. "This persecution has had the opposite effect, and our movement is much stronger both in Russia and around the world."

The Russian Foreign Ministry said the action "had the appearance of extremist activity." Greenpeace said it was concerned about the potential for an oil spill in the harsh arctic environment.

Greenpeace activists in May staged a similar protest against Gazprom and Norwegian energy company Statoil for their planned operations in the frigid northern climate.

In New Zealand, activists smeared themselves Thursday with fake oil to protest against Statoil's campaign there.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Exxon issues report on how it mitigates fracking risks
Irving, Texas (UPI) Oct 1, 2014
Exxon Mobil told investors it was taking the steps necessary to allay the concerns about the consequences of using hydraulic fracturing in the United States. Hydraulic fracturing involves injection of large volumes of water mixed with sand and a trace amount of chemicals to stimulate the release of oil and natural gas from shale formations that would otherwise not yield natural resource ... read more


OIL AND GAS
First large-scale carbon capture goes online in Canada

Paraffins to cut energy consumption in homes

South Australia to reap benefits from higher Renewable Energy Target

Renewables critical to achieving Energy Green Paper goals

OIL AND GAS
Recruiting bacteria to be technology innovation partners

Lego-like modular components make building 3-D 'labs-on-a-chip' a snap

Algorithm allows easy switch out and recharge of electric car batteries

Lithium-sulfur batteries closer to commercial reality with more energy

OIL AND GAS
Bioenergy: Australia's forgotten renewable energy source (so far)

Maverick Synfuels Introduces Maverick Oasis

Plant variants point the way to improved biofuel production

Search for better biofuels microbes leads to the human gut

OIL AND GAS
Sweden's Social Democrats and Greens agree on nuclear freeze

SAfrica denies corruption in Russia nuclear plant pact

Fukushima operator, Sellafield to compare nuclear notes

Moscow, Kazakhstan initial deal to build Kazakh nuclear plant

OIL AND GAS
NASA, Partners Target Megacities Carbon Emissions

CO2 emissions set to reach new 40 billion ton record high in 2014

Climate: Now to turn summit prose into action

UN summit urges ambitious climate deal

OIL AND GAS
EU warns Germany as car coolant row heats up

Reducing traffic congestion with wireless system

California Issues Permits for 29 Self-Driving Cars

GM expects record 2014 sales in China: executive

OIL AND GAS
Turkey prepared for military role in anti-IS coalition: Erdogan

Baghdad steps up propaganda fightback with jihadist TV satire

Iraqi army says retook dam from jihadists

British PM urges parliament to back 'years' of Iraq action

OIL AND GAS



The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.