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Are Oil Prices Set For A Comeback?

Are Oil Prices Set For A Comeback?

Crude prices have fallen significantly…

Why Aramco Is Nothing Like The Other Oil Majors

Why Aramco Is Nothing Like The Other Oil Majors

Saudi Aramco, the largest oil…

News

Paris Marathon Generates Energy from Runners Footsteps

Paris Marathon Generates Energy from Runners Footsteps

Apr 08, 2013 at 17:27 | James Burgess

Sunday’s Paris marathon was a great success, and this year, thanks to the installation of energy-harvesting tiles, clean energy was actually generated from the event.178 of the flexible…

GE to Buy Oil Pump Makers Lufkin for $2.98 Billion

GE to Buy Oil Pump Makers Lufkin for $2.98 Billion

Apr 08, 2013 at 17:25 | Joao Peixe

General Electric (NYSE: GE) has announced that it will buy the oilfield pump maker Lufkin Industries for $2.98 billion, as part of its strategy to increase its presence in the…

World’s Largest Waste-to-Energy Power Plant to Run off London’s Fat

World’s Largest Waste-to-Energy Power Plant to Run off London’s Fat

Apr 08, 2013 at 17:24 | Charles Kennedy

A deal, worth more than £200 million over 20 years,  has been made to use cooking waste and fats from thousands of London restaurants and food companies to create energy…

Fuel Consumption has Fallen more than 20% in the UK Due to High Oil Prices

Fuel Consumption has Fallen more than 20% in the UK Due to High Oil Prices

Apr 05, 2013 at 17:37 | Joao Peixe

Petrol stations in the UK have noticed the volume of fuel that they sell fall significantly over the past five years as high prices have forced people to buy more…

Scientists Close to Building Nuclear Fusion Powered Rocket

Scientists Close to Building Nuclear Fusion Powered Rocket

Apr 05, 2013 at 17:36 | James Burgess

Current rockets used to travel into space are flawed. They have limited fuel capacity, making long distance spaceflight impossible, have a relatively low top speed, and cost exorbitant amounts to…

Explosion Possible at the Most Contaminated Nuclear Site in the US

Explosion Possible at the Most Contaminated Nuclear Site in the US

Apr 05, 2013 at 17:32 | Charles Kennedy

The Hanford Nuclear Reservation in Washington is the most contaminated nuclear site in the US. First developed in the 1940’s as part of the Manhattan Project that saw the construction…

Ex-Enron CEO Negotiates Early Release with US Justice Department

Ex-Enron CEO Negotiates Early Release with US Justice Department

Apr 04, 2013 at 17:36 | Charles Kennedy

CNBC has reported that the former CEO of Enron, Jeff Skilling, is currently in talks with the Department of Justice to formulate an agreement that may see him released from…

New Electric Super Car Does 0-100Km/h in 2.8s and Goes for 500km

New Electric Super Car Does 0-100Km/h in 2.8s and Goes for 500km

Apr 04, 2013 at 17:35 | James Burgess

Rimac Automobili is an automobile manufacturing company that specialises in producing high-performance electric vehicles, drivetrains, and battery systems. Estabilished in Zagreb, Croatia in 2009 it initially began as a hobby…

Prince Alwaleed Concerned over Saudi Arabia’s Reliance on Oil Revenues

Prince Alwaleed Concerned over Saudi Arabia’s Reliance on Oil Revenues

Apr 04, 2013 at 17:34 | Joao Peixe

Prince Alwaleed bin Talal, the billionaire investor, chairman of Kingdom Holdings, and nephew of King Abdullah of Saudi Arabia, has been noted saying that his country’s economic dependence on oil…

Investment Opportunities in the US Energy Sector

Investment Opportunities in the US Energy Sector

Apr 04, 2013 at 17:33 | Charles Kennedy

The two popular energy sectors within the US are natural gas and renewables, and whereas natural gas has experienced huge growth in recent years becoming the dominant source of energy…

BP Announces Sale of US Wind Energy Assets

BP Announces Sale of US Wind Energy Assets

Apr 03, 2013 at 17:37 | Joao Peixe

Before the departure of former Chief Executive Lord Browne in 2007, BP (NYSE: BP) invested heavily in alternative energy projects as part of its ‘Beyond Petroleum’ strategy. Since then the…

Niger Delta’s Largest Rebel Group to Start Attacks against Oil Industr

Niger Delta’s Largest Rebel Group to Start Attacks against Oil Industr

Apr 03, 2013 at 17:36 | Charles Kennedy

Nigeria is the largest oil producer in Africa and truly has enough reserves to become a major exporter which could earn it the revenues necessary to transform the country and…

Italian Anti-Mafia Police Seize €1.3 Billion from the King of Alternative Energy

Italian Anti-Mafia Police Seize €1.3 Billion from the King of Alternative Energy

Apr 03, 2013 at 17:35 | James Burgess

At the end of February I wrote an article about the Mafia’s move into the renewable energy sector; encouraged by the generous subsidies and the legal front that it…

Fossil Fuel Industry Receives $1.3 Trillion in Subsidies Each Year

Fossil Fuel Industry Receives $1.3 Trillion in Subsidies Each Year

Apr 03, 2013 at 17:34 | Joao Peixe

The International Monetary Fund has released a recent study titled ‘Energy Subsidy Reform: Lessons and Implications’ which calculates that in 2011 the world offered the fossil fuel industry subsidies…

India Considers Covering National Highways with Solar Panel Roofs

India Considers Covering National Highways with Solar Panel Roofs

Apr 03, 2013 at 17:33 | Editorial Dept

Scientists at the Gujarat Energy Research and Management Institute (GERMI) have made a proposal to cover major roads and highways in the state of Gujarat with elevated platforms that will…

What Happens to Cyprus’s Natural Gas with the Current Bailout Plan?

What Happens to Cyprus’s Natural Gas with the Current Bailout Plan?

Apr 02, 2013 at 17:49 | James Burgess

Where does the Cyprus bailout deal leave its energy reserves?It has been estimated over the years that the southeastern waters of Cyprus contain 50 to 60 trillion cubic…

BHP Billiton and Exxon Mobil to Build World’s Largest Floating LNG Plant

BHP Billiton and Exxon Mobil to Build World’s Largest Floating LNG Plant

Apr 02, 2013 at 17:48 | Joao Peixe

Rising costs in Australia’s LNG sector have led many analysts to suggest that continued expansion is limited, especially as growing production in Africa and North America offer alternative supplies, and…

Hess Corp to Sell Russian Assets to Lukoil for $2.05 Billion

Hess Corp to Sell Russian Assets to Lukoil for $2.05 Billion

Apr 02, 2013 at 17:47 | Joao Peixe

Investors pushing for a change in the setup of the oil and gas company Hess Corp (NYSE: HES), have finally got their way as the New York based energy company…

Air Pollution Contributed to 1.2 Million Premature Deaths in China

Air Pollution Contributed to 1.2 Million Premature Deaths in China

Apr 02, 2013 at 17:46 | Charles Kennedy

In 2010 the Global Burden of Disease Study was released, an ambitious attempt to describe the global distribution and causes of a wide array of major diseases, injuries, and…

Exxon Mobil Oil Spill Turns Residential Roads into Rivers of Oil

Exxon Mobil Oil Spill Turns Residential Roads into Rivers of Oil

Apr 01, 2013 at 17:33 | Charles Kennedy

On Friday afternoon a pipe in Exxon Mobil’s Pegasus pipeline, which carries more than 3.7 million gallons of crude oil a day between Illinois and Texas, burst in the town…

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