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News

Which EU Countries are on Track to Achieve 2020 Renewable Energy Targets?

Which EU Countries are on Track to Achieve 2020 Renewable Energy Targets?

Jun 21, 2012 at 16:30 | Charles Kennedy

It has recently been reported that in 2010 renewable energy sources provided 12.4% of overall energy consumption within the European Union, up from 11.7% in 2009.Sweden sourced the…

Will Sinopec Save Chesapeake in its Quest for International Market Share?

Will Sinopec Save Chesapeake in its Quest for International Market Share?

Jun 21, 2012 at 16:15 | Joao Peixe

Chesapeake Energy, the second largest natural gas producer in the US is in trouble, and must sell billions of dollars worth of assets if it hopes to avoid defaulting on…

World's Richest Man, Carlos Slim, Invests in YPF

World's Richest Man, Carlos Slim, Invests in YPF

Jun 20, 2012 at 17:12 | James Burgess

Back in April President Cristina Fernandez de Kirchner’s government seized 51 percent of YPF, the largest oil producer in Argentina, from Repsol in an attempt to halt declining oil output…

Portugal Installs its First Floating Wind Turbine

Portugal Installs its First Floating Wind Turbine

Jun 20, 2012 at 17:11 | Charles Kennedy

Portugal has had its first offshore floating wind turbine installed, five kilometres off the coast of Agucadoura. The tower stands at 54 metres tall, weighs 1,200 metric tonnes, and adds…

Report Finds Fracking Causes Fewer Earthquakes than Conventional Extraction

Report Finds Fracking Causes Fewer Earthquakes than Conventional Extraction

Jun 19, 2012 at 17:03 | James Burgess

Hydraulic fracturing has its problems, and one of the most extreme of these is that it can cause earthquakes. A new study has once again found that fracking does indeed…

Xena Warrior Princess Arrested over Environmental Protests

Xena Warrior Princess Arrested over Environmental Protests

Jun 19, 2012 at 17:02 | Joao Peixe

In court last week Lucy Lawless, the actress most famous for her character Xena Warrior Princess, pleaded guilty to charges of illegally staying on a ship.  In February Lawless and…

Renewable Energy Supplied 88.8% of Brazil's Electricity in 2011

Renewable Energy Supplied 88.8% of Brazil's Electricity in 2011

Jun 19, 2012 at 17:01 | Charles Kennedy

Brazil’s Energy Research Company (EPE) has just recently released its National Energy Balance Report (BEN 2012) which provides detailed analysis of the Brazilian energy sector. The report found that 88.8%…

BP Start Drilling in Jordan's Risha Natural Gas Field

BP Start Drilling in Jordan's Risha Natural Gas Field

Jun 19, 2012 at 17:00 | Joao Peixe

In 2009 BP was given up to four years to explore and evaluate the Risha natural gas field in eastern Jordan, near the border with Iraq, which covers an area…

More Trust is Needed in the Government for Economic Stimulus to Work

More Trust is Needed in the Government for Economic Stimulus to Work

Jun 19, 2012 at 16:58 | Editorial Dept

From my latest NYT column, here is one excerpt:During the financial crisis, the prices of stocks, homes and other assets all fell, leaving the American public feeling less…

Shale Gas Boom will Create 2.4 Million Jobs by 2035

Shale Gas Boom will Create 2.4 Million Jobs by 2035

Jun 18, 2012 at 19:03 | Charles Kennedy

The research and analysis firm IHS Global Insight has released a new study looking into the unconventional gas sector, and predicts that the shale gas boom will create nearly 1.5…

Jury Give Verdict in Case of Baldwin v Costner

Jury Give Verdict in Case of Baldwin v Costner

Jun 18, 2012 at 19:02 | Joao Peixe

Two weeks ago I wrote a short piece on the court case between two of Hollywood’s actors; Kevin Costner and Stephen Baldwin. This week we have the verdict.

Exxon Signs Deal to Help Rosneft Develop Huge Bazhenov Shale Play in Siberia

Exxon Signs Deal to Help Rosneft Develop Huge Bazhenov Shale Play in Siberia

Jun 15, 2012 at 17:11 | Charles Kennedy

Vladimir Putin’s power in Russia is underpinned by oil boom that he has overseen. Unluckily for him the oil boom has passed and reserves are declining, threatening the production capacity…

Japan will Provide Insurance to Iranian Tankers when EU Sanctions Take Effect

Japan will Provide Insurance to Iranian Tankers when EU Sanctions Take Effect

Jun 15, 2012 at 17:09 | James Burgess

Part of EU sanctions intended to restrict Iranian oil import revenues in an attempt to exert economic pressure on the country over its controversial nuclear development program will see Iranian…

Shell to Invest $300 Million on LNG Refuelling Station Network

Shell to Invest $300 Million on LNG Refuelling Station Network

Jun 15, 2012 at 17:01 | Joao Peixe

In an attempt to entice owners of trucking fleets to invest in trucks that run on super chilled natural gas the oil major Royal Dutch Shell is set to invest…

The Importance of Seagrass in Removing Carbon from the Atmosphere

The Importance of Seagrass in Removing Carbon from the Atmosphere

Jun 15, 2012 at 16:59 | James Burgess

Humanity is currently in the middle of a war with an invisible enemy, CO2; and unfortunately CO2 is winning. According to the International Energy Agency (IEA) CO2 emissions hit a…

New iPhone App Rewards Travelling by Bicycle or Foot

New iPhone App Rewards Travelling by Bicycle or Foot

Jun 15, 2012 at 16:55 | Joao Peixe

Without doubt, one of the most popular pieces of personal technology in the world today is the iPod or iPhone. Apps for apple products have become big business and can…

US Navy Develops Underwater Solar Cells

US Navy Develops Underwater Solar Cells

Jun 14, 2012 at 17:32 | Joao Peixe

Underwater autonomous systems which provide situational awareness and long-term environment monitoring are becoming increasingly more popular. In order to power these systems cables must be laid to supply power created…

BP Announces that Venezuela Now Have the Largest Oil Reserves in the World

BP Announces that Venezuela Now Have the Largest Oil Reserves in the World

Jun 14, 2012 at 17:31 | Charles Kennedy

BP has just released its annual Statistical Review of World Energy in which it claims that Venezuela now holds the largest proven oil reserves in the world, overtaking the…

Offshore Wind Power Could Make the UK a Net Energy Exporter

Offshore Wind Power Could Make the UK a Net Energy Exporter

Jun 14, 2012 at 17:29 | Charles Kennedy

The Centre for Economics and Business Research (CEBR) has created a report commissioned by Mainstream Renewable Power, which examines the economic impact of the emerging offshore wind industry in the…

More Proof Diesel Exhaust Fumes do Cause Cancer

More Proof Diesel Exhaust Fumes do Cause Cancer

Jun 14, 2012 at 17:28 | Charles Kennedy

The International Agency for Research on Cancer (IARC) has confirmed that fumes from dirty diesel engines causes cancer. The new report adds to a mountain of studies, reports, and data…

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