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Russia airspace warning over Ukraine

2014-09-08 11:15:20| BBC News | Business | UK Edition

Russia says it could close its airspace to Western airlines if new EU sanctions are imposed, as a fragile ceasefire holds in Ukraine.

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Arctic drilling inevitable: if we don't find oil, then Russia will

2014-09-07 21:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: Forget the North Sea and the Middle East, it is the frozen oceans of the Arctic which are the next great frontier that big oil companies plan to exploit over the coming 15 years. The Arctic region, which crosses several national boundaries including Russia, Alaska, Norway and Greenland, is thought by energy consultants Wood Mackenzie to hold an estimated 166bn barrels of oil equivalent in terms of reserves. That's more petroleum and gas than Iran holds and enough to meet two-thirds of the world's...

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Canada, Russia, Brazil lead world old-growth forest loss

2014-09-05 21:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Every day, the world loses about 50,000 hectares of forest to agricultural clearing, road development, and other human activities, constricting true wilderness into smaller and smaller areas along with the species that inhabit them. New analysis and maps released this week show these last vestiges are disappearing at a quick pace, with more than 104 million hectares degraded from 2000 to 2013. Intact Forest Landscapes (IFLs) are areas that are large and pristine enough so that they still contain...

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EASTERN EUROPE: Russia puts dent in Q2 beer consumption - figures

2014-09-05 13:11:00| Daily beverage news and comment - from just-drinks.com

Beer consumption in Eastern Europe fell 4% in the second quarter of 2014, but premium brands remained stable, according to latest figures.

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New fines could prompt BP to cut Russia exposure

2014-09-05 10:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The prospect of up to $18 billion in new fines for the 2010 Gulf of Mexico oil spill could encourage BP to sell off some of its Russian interests, which already look at risk of being dragged into a political standoff between Moscow and the West. Shares in the British oil group dropped sharply on Thursday after a U.S. judge ruled it was "grossly negligent" in the April 2010 rig explosion and spill that killed 11 workers. A day later, many analysts said the fall was overdone, pointing out the...

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