Energy Blast – Feb 11, 2010

The head of the World Wildlife Fund is not satisfied with Russia’s promises to clean up the Baltic Sea bed: Jochen Lamp ‘said the environmental impact assessment prepared by Nord Stream was insufficient and that more assurances were required regarding monitoring and compensation and restoration of affected areas‘.  The Polish government has approved an agreement between PGNiG and Gazprom following a year of negotiations to update a previous contract.  Venezuela’s latest oil investments from Chevron and Repsol will draw ‘tens of billions of dollars of much-needed foreign finance‘ to the region, with victories for both sides of the deal, says Reuters.  The UK’s National Trust is planning to reduce its use of fossil fuels by 50% over the next 10 years.