Oil, Gas, Energy

Russia is scrapping its multi-billion dollar South Stream pipeline to focus instead on Turkey becoming a key gas transit hub. The announcement was made after hours of talks between the presidents of Russia and Turkey.

Russia is forced to withdraw from the South Stream project due to the EU’s unwillingness to support the pipeline, and gas flows will be redirected to other customers, Vladimir Putin said after talks with his Turkish counterpart, Recep Tayyip Erdogan.

Here's a look at the death of gas giant Total's CEO, Christophe de Margerie, and how it relates to the current currency war against the petrodollar involving China and Russia.

Here's a closer look at the real reason why oil prices are falling, which involves a secret deal with Saudi Arabia and the United States.

Is fracking safe? The industry claims every precaution is taken to ensure that no harm is done to the environment by the gas extraction process. However, many US citizens who live near newly-built sites are convinced that their water and air has been contaminated, and is now radioactive and poisonous. Fish in the rivers are dying and garden trees are shrivelling and the people themselves are complaining of inexplicable rashes and respiratory illness. They aim to prove that fracking is the cause, but who’s listening?

On “Single Best Chart,” Scarlet Fu reports on the breakeven Brent oil prices by country in 2014. RBC Capital Markets Chief Commodities Strategist Helima Croft also speaks on “Bloomberg Surveillance.”

Here's an in-depth look at the Real Reason for War in Israel, including why both Russia and the U.S. are involved, and why Gaza is the centre of focus.

The United States continues to become increasingly more aggressive with Sanctions toward Russia. Here are some of the new sanctions against Russia, including sanctions against one of the world's largest energy firms.

The bloodshed is fracturing Iraqi society, with the Kurd minority reportedly planing to hold an independence referendum in the coming months. As RT's Polly Boiko reports, some western energy companies are ready to cash in on the divisions and violence.

A look at why this Bank was seized, the outlook for gold and silver, and why stocks on the TSX and the TSX Venture are set to climb.

A look at the pipeline battle between the East and West and how the South Stream Pipeline project could cripple the Western regime.

In today’s “Global Outlook,” Helima Croft, a former strategist at the CIA, and Bloomberg's John Walcott discuss what the recent violence in Iraq means for the global economy. They speak with Trish Regan on Bloomberg Television's "Street Smart."

President Barack Obama is hoping Europe will come to rely on American and not Russian natural gas, but some experts are calling into question whether this is possible. Warning that the US's surge in fracking and horizontal drilling is only a bubble, the path towards energy independence, they argue, may not be as easy as some believe. RT's Marina Portnaya takes a deeper look into the fracking economy.

A an in-depth look at the massive gas deal between Russia and China and how it will affect the world. This deal is much bigger than the world even knows and it could mean that many significant events are about to unfold.

Bloomberg’s Ryan Chilcote reports on an agreement for Russia to supply gas to China in a deal to provide billions of dollars of natural gas over the next 30 years and what it may mean for relations between the two nations going forward.

Canada and America are producing more oil and gas than ever. Yet we continue to pay extravagant prices at the pump and at home. Why are gas prices so high?

A look at How Russia is Working Together with China to battle the dollar and a look at one of the world's largest economies and what to expect.