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OPEC Production Stagnates In April

OPEC Production Stagnates In April

Both OPEC and Non-OPEC members…

OPEC Won’t Stop When Oil Hits $80

OPEC Won’t Stop When Oil Hits $80

While oil prices have soared…

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Expert Analysis: What’s Next For Russian Oil

Putin’s fourth tenure could be…

News

American Energy Company to Invest $1 billion in Egypt

American Energy Company to Invest $1 billion in Egypt

Mar 01, 2012 at 12:54 | John Daly

The Arab Spring, which began early last year and swept eastwards across Africa’s Magreb, has completely upended the region’s politics. Responses range from the relatively benign outcome in Tunisia, where…

Mongolia to Build its First Wind Farm

Mongolia to Build its First Wind Farm

Feb 29, 2012 at 17:29 | James Burgess

Mongolia is an East Asian country about the size of Alaska, with vast potential for wind energy due to the large unpopulated plains that make up most of the land,…

Is War Imminent? US and UK Step up Military Action in the Persian Gulf

Is War Imminent? US and UK Step up Military Action in the Persian Gulf

Feb 28, 2012 at 16:58 | James Burgess

War against Iran seems imminent as both the US and UK military commands ask for more funding to increase the preparation and deployment of military arms and personnel in the…

Flying Wind Turbine Steals the Show at Energy Department Convention

Flying Wind Turbine Steals the Show at Energy Department Convention

Feb 28, 2012 at 16:50 | James Burgess

This week the Energy Department’s program for long-shot technologies, ARPA-E, is hosting a convention in Washington where teams of inventors can display their ideas to potential investors and government officials.…

Nuclear Fallout from Fukushima Measured as Insignificant in U.S.

Nuclear Fallout from Fukushima Measured as Insignificant in U.S.

Feb 28, 2012 at 14:30 | Andy Soos

There is always concern when something radioactive is released as to what its downwind effects might be. Certainly there are effects at the actual site but thousands of miles away?…

Daytime Credit a Thing of the Past as the Fed Rewards High Reserves

Daytime Credit a Thing of the Past as the Fed Rewards High Reserves

Feb 27, 2012 at 12:18 | Editorial Dept

In my 2008 post, Interpreting the Monetary Base Under the New Monetary Regime, I argued that the massive increase in bank reserves was neither a necessary harbinger of inflation…

Shell Makes a Bid for Cove Energy Plc as the Majors Move into Mozambique

Shell Makes a Bid for Cove Energy Plc as the Majors Move into Mozambique

Feb 26, 2012 at 16:45 | Charles Kennedy

In recent months Mozambique has reared its head as a global power in natural gas, boasting fields that are expected to be larger than those owned by Norway. Italy’s Eni…

Hamas Strike Electricity Deal with Egypt

Hamas Strike Electricity Deal with Egypt

Feb 26, 2012 at 09:11 | John Daly

On 23 February the Palestinian resistance movement Hamas, which controls the Gaza Strip, announced that Hamas Gazan leader Ismail Haneya had reached a "comprehensive agreement" with Egypt to permanently end…

Democrats Want to Use US Oil Stockpile to Relieve High Prices; It Won’t Work!

Democrats Want to Use US Oil Stockpile to Relieve High Prices; It Won’t Work!

Feb 25, 2012 at 12:11 | James Burgess

Due to fears over the situation in Iran, amongst other things, oil prices are at a nine month high, and petrol prices are also at near record levels. These high…

Liberia Announces Major Offshore Oil Find

Liberia Announces Major Offshore Oil Find

Feb 24, 2012 at 14:40 | John Daly

Over the last two decades, the Caspian has attracted the lion’s share of PR buzz as a major new oil area, but West Africa’s Gulf of Guinea has also become…

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