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News

Greek Default: Will it Save or Doom the EU?

Greek Default: Will it Save or Doom the EU?

Jan 26, 2012 at 13:56 | Editorial Dept

Greece has long been in economic trouble and threatens the structure of the EU. That something needs to be done to address this situation is in no doubt. The Greek…

Texas Firm Strikes Natural Gas in Mozambique

Texas Firm Strikes Natural Gas in Mozambique

Jan 25, 2012 at 16:22 | John Daly

Sometimes it seems that the only thing that you have to do to find hydrocarbons in Africa is poke a stick in the ground – or offshore waters. On…

Chinese Refinery in Chad Hits a Major Snag

Chinese Refinery in Chad Hits a Major Snag

Jan 24, 2012 at 16:35 | John Daly

When Chad’s $60 million Djarmaya refinery, 25 miles north of the capital N’djamena, was opened on 29 June 2011 after two years of construction, President Idriss Deby Itno described it…

Cheaper, Safer, Smaller Nuclear Reactors will Put the US Back on Top

Cheaper, Safer, Smaller Nuclear Reactors will Put the US Back on Top

Jan 24, 2012 at 16:31 | Energy Digital

Moving away from large-scale, toxic nuclear reactors, the Department of Energy announces a plan to develop safer, smaller options Mini reactors the future of nuclear power? The US Department of…

Petrobras Design New GTL Process to Create Cheap Oil from Natural Gas

Petrobras Design New GTL Process to Create Cheap Oil from Natural Gas

Jan 23, 2012 at 17:28 | Brian Westenhaus

U.S. innovation, technology and willingness to share it, has created an abundance of natural gas for the U. S. and will impact the rest of the world in the coming…

New Heat Engine Could Make Geothermal Power Accessible to the World

New Heat Engine Could Make Geothermal Power Accessible to the World

Jan 23, 2012 at 17:22 | Tyler Hamilton

The Geological Survey of Canada put out a research paper in 2010 that concluded the country has enough geothermal heat to power itself many times over. The big question is…

Solar Yacht Sails Around the World Powered by Nothing More than the Sun

Solar Yacht Sails Around the World Powered by Nothing More than the Sun

Jan 20, 2012 at 15:51 | James Burgess

The World Future Energy Summit has recently finished in Abu Dhabi and for me one of the highlights was the Turanor, an impressive solar powered yacht designed and built by…

ExxonMobil Increase Oil Spill Estimate in Light of More Detailed Analysis

ExxonMobil Increase Oil Spill Estimate in Light of More Detailed Analysis

Jan 20, 2012 at 15:48 | Joao Peixe

ExxonMobil recently released an update to the estimated amount of oil spilled into the Yellowstone River when the Silvertip Pipeline ruptured during the summer. Initially the put the spill at…

Nigerian President to Reduce Fuel Prices, Just Days After Abandoning Subsidies

Nigerian President to Reduce Fuel Prices, Just Days After Abandoning Subsidies

Jan 19, 2012 at 17:46 | James Burgess

After a week of mass strikes and riots Nigerian president Goodluck Jonathan has finally bowed to public pressure with his decision to reduce fuel prices. In response the unions have…

Scotland Well on the Way to Achieving 100% Renewable Energy by 2020

Scotland Well on the Way to Achieving 100% Renewable Energy by 2020

Jan 19, 2012 at 13:28 | James Burgess

Back in 2010 Scotland’s First Minister, Alex Salmon, proclaimed that by 2025 all of Scotland would be powered by 100% renewable energy, with an interim target of 31% by 2011.…

Is Abu Dhabi Losing Interest in Renewable Energy?

Is Abu Dhabi Losing Interest in Renewable Energy?

Jan 18, 2012 at 17:33 | James Burgess

Abu Dhabi is the fifth-largest oil producer in the Organization of Petroleum Exporting Countries, and the largest and richest Emirate in the UAE, holding almost all of the country’s oil…

Bulgaria Bans Fracking Following Public Protests

Bulgaria Bans Fracking Following Public Protests

Jan 18, 2012 at 15:23 | James Burgess

Bulgaria has just recently joined Brazil and Nigeria as countries in which oil giant Chevron are experiencing problems. I say this following the announcement that the US oil company has…

Lithuania Seeks to Break Gazprom’s Stranglehold on Natural Gas Imports

Lithuania Seeks to Break Gazprom’s Stranglehold on Natural Gas Imports

Jan 17, 2012 at 19:29 | John Daly

Russia's state-owned natural gas monopoly OAO Gazprom is the sole supplier of gas to former Soviet republics Estonia, Latvia and Lithuania, a situation that Lithuanian legislators would like to change.

Natural Gas Analysis for the Week of January 16, 2012

Natural Gas Analysis for the Week of January 16, 2012

Jan 16, 2012 at 20:10

Despite the previous week’s closing price reversal bottom, March Natural Gas could not attract fresh buyers and the market failed to confirm the potentially bullish chart pattern. Last week’s range…

Ukraine Seeks to Lessen Dependence on Russian Natural Gas Imports

Ukraine Seeks to Lessen Dependence on Russian Natural Gas Imports

Jan 16, 2012 at 16:21 | Charles Kennedy

Just days after concluding an agreement with the Russian Federation, cutting imports of Gazprom natural gas, the Ukrainian government is seeking ways to diversify its energy sources to further lessen…

Greek Deputy Environment Minister - Greece Will Exploit its Oil

Greek Deputy Environment Minister - Greece Will Exploit its Oil

Jan 16, 2012 at 16:20 | Charles Kennedy

In a situation certain to raise tensions with neighboring Turkey, Greece has announced its intention to proceed with the development of its undersea hydrocarbon resources in the Eastern Mediterranean. 

Jordan Optimistic Qatari Nat Gas Will Help Replace Egyptian Delivery Shortages

Jordan Optimistic Qatari Nat Gas Will Help Replace Egyptian Delivery Shortages

Jan 16, 2012 at 16:19 | Charles Kennedy

Since the triumph of the Egyptian revolution in February 2011 Jordan’s natural gas imports have suffered “collateral damage,” as Egyptian militants repeatedly bombed Egypt's $500 million East Mediterranean Gas Company…

Romania's Murky Natural Gas Market

Romania's Murky Natural Gas Market

Jan 16, 2012 at 16:17 | Joao Peixe

Dan Victor Alesandru, former Secretary of State in the Ministry of Economy in the first Tariceanu government (December 2004 - December 2008), is under investigation by the Directia de Investigare…

South Sudan Warns Khartoum Against Impeding Oil Exports

South Sudan Warns Khartoum Against Impeding Oil Exports

Jan 16, 2012 at 16:16 | Joao Peixe

South Sudan’s government has warned the Sudanese government against continuing to delay the export of its petroleum through its northern ports by preventing ships carrying crude from transporting South Sudan's…

Maldives Buying Land in Australia as Preparation for Mass Migration

Maldives Buying Land in Australia as Preparation for Mass Migration

Jan 10, 2012 at 16:43 | James Burgess

The Maldives Archipelago is one of the most idyllic destinations on the planet; beautiful tropical islands in the Indian Ocean surrounded by coral reefs abundant with sea life. It is…

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