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News

Mongolia to Begin Production at Giant Tavan Tolgoi Mine

Mongolia to Begin Production at Giant Tavan Tolgoi Mine

Feb 22, 2013 at 16:36 | Charles Kennedy

Foreign coal mining companies have been given encouraging news as an announcement was made that Mongolia’s state run coal company will begin to produce coal from a block of the…

Saudi Arabia Launches its 54GW Renewable Energy Program

Saudi Arabia Launches its 54GW Renewable Energy Program

Feb 22, 2013 at 16:36 | James Burgess

Saudi Arabia has finally launched its massive renewable energy procurement program which will see a planned 54GW of renewable energy capacity installed by 2032, and turn Saudi Arabia into one…

Who is to Blame for the Recent Explosion in US Gasoline Prices?

Who is to Blame for the Recent Explosion in US Gasoline Prices?

Feb 22, 2013 at 16:35 | Editorial Dept

Given a two-day plunge in crude futures, gasoline prices may have hit a temporary peak.Nonetheless, consumers feel the pinch as pump prices have risen 34 straight days. For…

Japan's Prime Minister Hopes to Take Advantage of US Shale Boom

Japan's Prime Minister Hopes to Take Advantage of US Shale Boom

Feb 21, 2013 at 16:37 | Charles Kennedy

It is well known now that ever since Japan decided to shut down its nuclear power plants in the wake of the Fukushima disaster, it has had to increase LNG…

Sir Richard Branson Pledges to Give Half his Fortune to Support the Environment

Sir Richard Branson Pledges to Give Half his Fortune to Support the Environment

Feb 21, 2013 at 16:36 | Joao Peixe

Environmental initiatives are set to receive a huge boost in the form of at least half of Sir Richard Branson’s fortune.The billionaire, who made his billion as the…

UN Hope for Success with New Offer in Latest Round of Talks with Iran

UN Hope for Success with New Offer in Latest Round of Talks with Iran

Feb 21, 2013 at 16:35 | Joao Peixe

Talks between the five nations of the United Nations Security Council (and Germany) and Iran are set to begin again next week in Kazakhstan; the last round of talks which…

Which Countries have the Lowest Gas Prices

Which Countries have the Lowest Gas Prices

Feb 20, 2013 at 16:40 | James Burgess

Everyone complains about the cost of gasoline, yet we all pay different prices. In the US the cost of gasoline is far lower than those in Europe, and in the…

Pollution Laws Threaten to Drop Britain into an Energy Crisis

Pollution Laws Threaten to Drop Britain into an Energy Crisis

Feb 20, 2013 at 16:39 | Charles Kennedy

European pollution laws have meant that some of the oldest dirtiest coal power plants in Britain have had to shut down. With little excess capacity and few new large projects…

BP's Reputation Set to Take a Beating as it Begins its Trial against the Feds

BP's Reputation Set to Take a Beating as it Begins its Trial against the Feds

Feb 20, 2013 at 16:37 | Joao Peixe

BP is entering the final chapter of the aftermath caused by the Deepwater Horizon oil spill in 2010 as it prepares to go to trial against the federal government next…

Railway Jam Prevents Oil Products Reaching Russia's Eastern Ports

Railway Jam Prevents Oil Products Reaching Russia's Eastern Ports

Feb 20, 2013 at 16:36 | Charles Kennedy

The Russian government has been given a sharp reminder of the necessity to invest heavily in the nation’s tired infrastructure, especially if it intends to increase exports to Asia, after…

BHP profits Fall 58% in Second Half of 2012

BHP profits Fall 58% in Second Half of 2012

Feb 20, 2013 at 16:33 | MINING.com

The world's biggest miner BHP Billiton (ASX: BHP)(LSE: BLT)(NYSE: BHP) reported Tuesday its profits had plunged 58% and revenues declined 14% during the last half of 2012.Attributable net…

How will Baghdad React as Gazprom Neft Sign New Oil Contracts with KRG?

How will Baghdad React as Gazprom Neft Sign New Oil Contracts with KRG?

Feb 19, 2013 at 16:31 | Joao Peixe

Baghdad has long now claimed that only it has the authority to issue oil and gas contracts to energy companies that wish to work in Iraq, even going so far…

Bloomberg Analysts State China will Never Reach its Shale Gas Goals

Bloomberg Analysts State China will Never Reach its Shale Gas Goals

Feb 19, 2013 at 16:30 | Charles Kennedy

China hopes that it can meet its growing energy demands by exploiting its huge shale gas reserves, much in the same way that the US is aiming to achieve energy…

Nigeria Asks for Britain's Help to End Oil Theft

Nigeria Asks for Britain's Help to End Oil Theft

Feb 19, 2013 at 16:29 | James Burgess

Nigeria loses a fifth of its daily oil production of two million barrels to theft. International crime syndicates run huge operations which employ oil bunkering techniques where they hack into…

Solar Sponge to Help with Carbon Capture and Sequestration

Solar Sponge to Help with Carbon Capture and Sequestration

Feb 19, 2013 at 16:29 | Joao Peixe

Researchers at the Monash University, and the Commonwealth Scientific and Industrial Research Organization (CSRIO) in Australia have discovered a brand new material that can be used to efficiently capture, store,…

Lockheed Predict Working Nuclear Fusion Reactor within 10 Years

Lockheed Predict Working Nuclear Fusion Reactor within 10 Years

Feb 18, 2013 at 17:09 | Joao Peixe

Nuclear fusion, the ultimate power source, the energy of the future’ that is how it has been described, yet the major problem is that so far it has been virtually…

Does Hugo Chavez’s Return to Venezuela Herald the End of his Reign?

Does Hugo Chavez’s Return to Venezuela Herald the End of his Reign?

Feb 18, 2013 at 17:08 | Charles Kennedy

Venezuelan President Hugo Chavez disappeared from the public eye back in early December when he travelled to Cuba for an operation regarding the cancer that riddles his body. Last week…

Vertical Forests Being Built in Milan to Battle Smog

Vertical Forests Being Built in Milan to Battle Smog

Feb 18, 2013 at 17:07 | James Burgess

In an effort to reduce inner city smog without sacrificing valuable real estate, a residential block/vertical forest is being constructed in the heart of Milan.The design, by Italian…

Do Wind Farms Change Local Weather Patterns?

Do Wind Farms Change Local Weather Patterns?

Feb 18, 2013 at 17:03 | Joao Peixe

Wind turbines provide a large proportion of the world’s renewable energy, yet they also face opposition, mostly due to claims that they cause deaths to birds that fly through the…

Is the Chinese Recovery for Real?

Is the Chinese Recovery for Real?

Feb 18, 2013 at 17:02 | Editorial Dept

I still do not believe that the Chinese “recovery” is for real:Chinese credit issuance surged to a record high in January on the back of a boom in…

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