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Two High-Yield Plays In A Tricky Market

Two High-Yield Plays In A Tricky Market

Rising interest rates spell doom…

Germany Expects Oil Embargo Decision This Week

Germany Expects Oil Embargo Decision This Week

The European Union is about…

Kazakhstan Cuts Iron Supplies To Russian Steelworks

Kazakhstan Cuts Iron Supplies To Russian Steelworks

Kazakhstan’s top iron ore-enricher has…

News

Seadrill Set for Record Profits as Gamble on Drill Ships Pays Off

Seadrill Set for Record Profits as Gamble on Drill Ships Pays Off

Jun 13, 2012 at 16:28 | Charles Kennedy

Seadrill Ltd is set to reap record profits after ordering more drill ships based on billionaire owner John Fredriksen’s belief that ever greater demand for crude oil will cause an…

Oil Prices Fall to 8 Month Low as Spanish Bailout Fails to Ease EU Debt Crisis

Oil Prices Fall to 8 Month Low as Spanish Bailout Fails to Ease EU Debt Crisis

Jun 12, 2012 at 16:59 | James Burgess

Following in the footsteps of Greece, Portugal, and Ireland, Spain has now become the fourth nation to approach the European Union and request a bailout, since the debt crisis began…

Japan Sign Long-Term LNG Supply Contract with Qatar

Japan Sign Long-Term LNG Supply Contract with Qatar

Jun 12, 2012 at 16:53 | Charles Kennedy

Japan has been one of the largest importers of LNG for quite some time, and has had a good relationship with Qatari natural gas producers for over 40 years.

5 of the World's Largest Firms to Collaborate on Bioplastic Development

5 of the World's Largest Firms to Collaborate on Bioplastic Development

Jun 12, 2012 at 16:52 | James Burgess

Polyethylene Terephthalate (PET) is one of the most commonly used plastics in the world. It is usually derived from oil, and degrades very slowly, creating huge amounts of non-biodegradable waste…

Latin America and the Caribbean Lack Private Investment in Renewables

Latin America and the Caribbean Lack Private Investment in Renewables

Jun 11, 2012 at 16:45 | Charles Kennedy

Free market mechanisms are failing to attract the private capital needed to develop clean energy projects in Latin America and the Caribbean.According to Bloomberg New Energy Finance and…

How a Heat Pump Could Provide Cheap, Clean Energy for your Home

How a Heat Pump Could Provide Cheap, Clean Energy for your Home

Jun 11, 2012 at 16:43 | Joao Peixe

Heat pumps offer a form of renewable energy technology readily available in the current market to provide heating and hot water for domestic use. They provide efficient, reliable methods for…

Oil Spill in Alberta Threatens Local Water Supply

Oil Spill in Alberta Threatens Local Water Supply

Jun 11, 2012 at 16:41 | Joao Peixe

An oil pipeline running through the Mountain View and Red Deer counties of Alberta, Canada ruptured on Thursday, spilling 3,000 barrels of oil. The spill leaked from Jackson Creek and…

Blackstone CEO: Now is the Time for Long-Term Energy Investments

Blackstone CEO: Now is the Time for Long-Term Energy Investments

Jun 08, 2012 at 16:27 | James Burgess

David Foley, the CEO of Blackstone Energy Partners, has said that private equity investments in energy offer much better opportunities for investors willing to take a long term view of…

Russia Wants Saudi Arabia and Qatar to Stop Supplying Weapons to Syrian Rebels

Russia Wants Saudi Arabia and Qatar to Stop Supplying Weapons to Syrian Rebels

Jun 08, 2012 at 16:25 | Joao Peixe

Russia is hoping that it can pressure Saudi Arabia and Qatar to halt the help that they are sending to Syrian rebels fighting against President Bashar al-Assad. Assad’s regime in…

Scotland has a Plan to become World Leaders in the Smart Grid Sector

Scotland has a Plan to become World Leaders in the Smart Grid Sector

Jun 08, 2012 at 16:22 | Joao Peixe

Scotland has set itself the renewable energy target of producing 100% of its electricity from renewable sources by 2020. A problem with renewable energy over traditional fossil fuels is that…

UN Believe Switch to a Green Economy will Create 60 Million Jobs

UN Believe Switch to a Green Economy will Create 60 Million Jobs

Jun 08, 2012 at 16:21 | Charles Kennedy

Despite the continuing economic difficulties faced around the world, and the subsequent falling levels of investment as governments try to reduce their budgets, the UN is still pushing to create…

UK and Norway Sign New Energy Deal

UK and Norway Sign New Energy Deal

Jun 07, 2012 at 18:02 | Charles Kennedy

David Cameron was the first British Prime Minister to visit Norway in 26 years, when he made his recent trip to finalise an energy deal between the two nations with…

Nicaragua to Build $30 Billion Waterway to Rival Panama Canal

Nicaragua to Build $30 Billion Waterway to Rival Panama Canal

Jun 07, 2012 at 18:00 | James Burgess

The 51 mile Panama Canal was built back in 1914 to offer ships a faster route between the Atlantic and Pacific Oceans. Five percent of the annual world trade passes…

Baldwin and Costner Face off in Court over Multimillion Dollar BP Deal

Baldwin and Costner Face off in Court over Multimillion Dollar BP Deal

Jun 06, 2012 at 16:49 | Joao Peixe

On Tuesday two Hollywood actors faced each other in court as part of a trial over the BP Deep Horizon Spill back in 2010. Kevin Costner and Steven Baldwin are…

Algeria to Invest $80 Billion in Oil and Natural Gas

Algeria to Invest $80 Billion in Oil and Natural Gas

Jun 06, 2012 at 16:48 | Joao Peixe

Algeria, the OPEC member country and 16th largest oil producing country in the world, has just recently announced that its state energy company Sonatrach plans to increase investment in the…

New YPF CEO Announces Ambitious Investment Plans

New YPF CEO Announces Ambitious Investment Plans

Jun 06, 2012 at 16:47 | James Burgess

At the beginning of this year Repsol revised it estimates for the amount of shale oil and gas reserves in the Vaca Muerta field in southern Neuquen province to 23…

EU Announces Natural Gas will be Eligible for Renewable Energy Subsidies

EU Announces Natural Gas will be Eligible for Renewable Energy Subsidies

Jun 05, 2012 at 16:29 | James Burgess

It is fairly common knowledge that the oil and gas industry holds massive power in world politics, and a recent revelation has illustrated this power quite obviously.Members of…

Solar Plane Crosses the Straits of Gibraltar in Flight from Spain to Morocco

Solar Plane Crosses the Straits of Gibraltar in Flight from Spain to Morocco

Jun 05, 2012 at 16:28 | Charles Kennedy

A solar powered plane called Solar Impulse has just passed over the Straits of Gibraltar on its journey from Madrid, Spain to Rabat, Morocco. The flight is part of the…

Nuclear Shutdown Means Japan Must Abandon Carbon Emission Targets

Nuclear Shutdown Means Japan Must Abandon Carbon Emission Targets

Jun 04, 2012 at 17:38 | James Burgess

In 2009 the Japanese government signed a pledge to cut their carbon emissions by 25 percent by 2020, however following the disaster at Fukushima in 2011 and the subsequent collapse…

Wind Power could be Competitive with Coal, Gas, and Nuclear by 2016

Wind Power could be Competitive with Coal, Gas, and Nuclear by 2016

Jun 04, 2012 at 17:37 | Joao Peixe

Since 2005 the global capacity of installed wind power has quadrupled, due to a variety of factors such as improved technology, large scale investment, and incentive programs designed to encourage…

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