Scientists say cost of avoiding runaway climate change is low

Russian oil and gas production hasn't been affected by Western sanctions

Norway’s Statoil AS A said on Monday that the giant Johan Sverdrup oil field in the North Sea could generate revenue of 1.35 trillion Norwegian kroner ($199.21 billion) over the next five decades.

The standoff between Russia and the West over Ukraine has increased Europe's quest for alternative suppliers of oil and gas and Canada's exports to Europe have already started to pick up in the last few months.

YPF seeks foreign partners to tap Argentina’s shale

A Bad Gas Deal For Ukraine As Europe Looks After Its Own Interests

Spain’s national government has moved once again to boost domestic oil and gas exploration

The 2013 Natural Gas Annual shows record natural gas production and consumption levels in the United States. In 2013, domestic dry production of 24.3 trillion cubic feet (Tcf), or 66.7 billion cubic feet per day, (Bcf/d) rose just over 1 percent over 2012, with Ohio increasing the most, percentage-wise, of any state.

Russia is set to remain a central player of the European gas industry, as an eventual deal between Kiev and Moscow is not a precondition of strong ties between the European Union and the Kremlin. This is was a view emerging from the first day of the European Autumn Gas Conference.

British wholesale gas prices for the rest of this year fell on Friday after Ukraine and Russia signed a deal which will see Moscow resume supplies of gas over the winter.