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Latest Energy News | World News

  • Bitter 2013 Winter Increased U.S. Carbon Emissions

    Published: 30 October 2014

    Cold weather drives people to turn up the thermostat, and that’s exactly what happened during the winter of 2013 across the U.S. Northeast. As a result, the United States experienced a 2.5 percent increase in carbon emissions over the previous year, according to the U.S. Energy Information Administration (EIA).In its recent annual CO2 emissions report, the EIA said only three years since 1990 have seen bigger annual increases: 1996, 2000 and 2010. In 2013, the agency said, the number of “heating degree days,” when more energy is required to heat a building, were up by 18.5 percent over 2012.The report…

  • OPEC Chief Warns Against Oil Price Panic

    Published: 30 October 2014

    OPEC Secretary-General Abdalla Salem el-Badri says he doesn’t expect demand for the cartel’s oil or its production levels to change in the coming year, and he is urging member states not to be alarmed by oil’s current low prices.“Don’t panic,” el-Badri said Oct. 29 at an impromptu news conference in London, where he was attending a conference. “I am sure the market will balance itself.”The concern, if not the panic, already is present. The price of the global petroleum benchmark, Brent crude, plunged a little more than $87 a barrel the day he made those comments -- nearly $30 less…

  • New Solar Material: The “Blackhole Of Sunlight”

    Published: 30 October 2014

    A multidisciplinary engineering team at University of California San Diego Jacobs School of Engineering (UCSD) has developed a new nanoparticle-based material designed to absorb and convert to heat more than 90% of the sunlight it captures. The new material can also withstand temperatures greater than 700º C (1292º F) and survive many years outdoors in spite of exposure to air and humidity.The remarkable new nanoparticle-based material is destined for use in concentrating solar power plants.The UCSD team’s paper has been published recently in two separate articles in the journal Nano Energy. The effort was funded by the U.S. Department of…

  • The Seamill Could Revolutionize Renewable Energy

    Published: 29 October 2014

    A British company has moved closer to harnessing the power of sea waves to generate clean, affordable and renewable electricity.Ecotricity spent 18 months improving the design of a device called the Searaser, moving from computer models to testing it at Plymouth University’s CoastLAB.“We’ve put Searaser through the most extreme testing regime at Plymouth’s CoastLAB and it’s passed every challenge,” said Alvin Smith, Searaser’s inventor.One of those challenges involved resilience, referring to what percent of a wave’s energy the device uses. The more it uses, the more cost-effective it is. So far, two of the biggest impediments to wave power have…

  • Piracy Still A Major Issue In SE Asian Waters Despite Global Decline

    Published: 29 October 2014

    Pirate attacks on the high seas have fallen for a third straight year everywhere but Southeast Asia, the main route for oil shipments from the Middle East to East Asia.The third-quarter report on piracy issued Oct. 29 by the International Maritime Bureau (IMB) found that the number of pirate attacks in 2014 was 178, compared with 352 in 2011. Despite that decline, the report reveals that piracy worldwide is still a major problem: “In the first nine months of 2014, lightly armed pirates killed three crew, kidnapped five from their vessels and took 369 seafarers hostage,” the IMB said. “A…

  • Space Mining Faces Setback After Rocket Explosion

    Published: 29 October 2014

    Planetary Resources, the U.S.-based start-up aiming to mine asteroids, lost its first test satellite aboard the commercial rocket that exploded only six seconds after take-off Tuesday.The unmanned rocket, contracted to Orbital Sciences Corp. by NASA, was carrying supplies to the International Space Station. Among the cargo was Planetary Resources’ Arkyd A3, a test vehicle that was to orbit Earth.Related: 3D Printing Could Turn Space-Based Solar Power into a RealityShortly after the explosion, the company Tweeted: "Live to fly another day. Onward!,” followed by a “Cheer up everybody – A3 was just a robot! We are making more." Competitor Deep Space Industries…

  • Hopes Of Rescuing 18 Trapped Turkish Miners Fade

    Published: 29 October 2014

    Rescue workers have been pumping water out of a coal mine in southern Turkey all night, but hopes of finding alive all or some of the 18 miners trapped deep underground since Tuesday are quickly fading.Turkish news outlets are reporting that only a fifth of the water that flooded the mine has been extracted. Instead, levels keep rising one meter every two hours.“Time is working against us," Energy Minister Taner Yildiz told local TV station NTV (in Turkish).Related: Coal Mine Disasters In Turkey, U.S. Kill More Than 200President Recep Tayyip Erdogan cancelled a national holiday reception and was to visit…

  • Wind Energy Too Unreliable For UK, Study Finds

    Published: 28 October 2014

    A conservative British think tank has concluded that wind energy can’t be relied on to meet the United Kingdom’s power needs and must be supplemented with fossil-fuel power plants.A study issued Oct. 27 by the London-based Adam Smith Institute (ASI) says there are wide fluctuations in the output of wind farms because of the equally wide fluctuations in the presence of wind. Therefore, it concludes, the wind farms will need to be backed up by powerful conventional generators.In the study, the ASI constructed mathematical models of the likely output from a planned 10-gigawatt fleet of wind farms. It found that…

  • Despite Lower Profits, BP Increases Dividend

    Published: 28 October 2014

    The global drop in oil prices over the summer led to a steep drop in BP’s third-quarter profits, but that hasn’t stopped the British energy giant from raising its dividend.BP’s revenues from July through September fell from $96.6 billion in 2013 to $93.9 billion in 2014. In the same period this year, the price of Brent crude was $102 a barrel on average, compared with almost $110 a barrel in the second quarter of this year, and more than $110 in the third quarter of 2013.At the same time, BP’s underlying replacement profit declined to $3 billion during the third…

  • 10 Million Gallons Of Oil On Ocean Floor From BP Spill

    Published: 28 October 2014

    This October 2010 photo provided by Penn State University shows the arms of a brittle starfish, red in color, clinging to coral damaged by the Macondo well in the Gulf of Mexico. Credit: AP Photo/NOAA and Woods Hole Oceanographic InstituteScientists have discovered yet another unforeseen effect of BP’s historic oil spill in the Gulf of Mexico: a 1,235-square-mile “bathub ring” of oil on the deep ocean’s floor.Research published in the Proceedings of the National Academy of Science on Monday showed that approximately 10 million gallons of oil settled and coagulated on the floor of the Gulf near the Deepwater Horizon…