Chevron has decided to abandon its efforts to develop shale gas deposits in Poland, according to the announcement made on January 30, 2015. According to the American energy corporation, it would not be able to make sufficient profits by continuing to extract Polish shale gas using hydraulic fracking. Earlier, the […]

Economics, economics, economics. That’s what the 2010 UK election was about, and it seems to be the main thrust of the American one. Unemployment and job figures are the battlefield. Gross Domestic Product and AA+ credit ratings are the weapons. The Federal Reserve might be a potential ally, and the […]

In the last few days it has come to light that this winter we can expect a 10.4% rise in heating bills from British Gas and other home energy suppliers in the UK. This might seem slightly confusing considering the cost of petrol has just seen its sharpest decline since […]

Scotland separating from the United Kingdom – Surely not? Look at it this way: Edinburgh alone, gets 11 billion from the Westminster every year. If Scotland goes independent, it is highly likely it will go through a financial crisis and there will be no England to bail them out. Now […]

Europe needs a reliable friend in the Caucasus, but is Azerbaijan ready to fulfill this position? Few years ago, Russia cut off the gas supplies toward Europe causing severe inconvenience in some Eastern European countries. A few days ago Armenia broke diplomatic ties with Hungary as Budapest sent back an […]