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News

Which Climate Conditions give us the Best Indication of Climate Change?

Which Climate Conditions give us the Best Indication of Climate Change?

Sep 06, 2012 at 17:19 | Editorial Dept

What is the most important climate condition to keep tabs on? We have recently mentioned the record-low Arctic sea-ice extent, but hurricanes this year seem to be getting the most…

Saudi Arabia Could Become a Net Oil Importer by 2030

Saudi Arabia Could Become a Net Oil Importer by 2030

Sep 05, 2012 at 17:23 | James Burgess

Saudi Arabia is the world’s largest exporter of crude oil, however if things do not change it could well become a net importer by 2030 according to a new study…

Robot Can Reduce Cost of Solar Energy by 20%

Robot Can Reduce Cost of Solar Energy by 20%

Sep 05, 2012 at 17:22 | Joao Peixe

Solar panels tend to use either a single or dual axis tracking system which allows them to follow the path of the sun throughout the day, and during different times…

Study Suggests the Arctic May not Contribute as Much Oil and Gas as Thought

Study Suggests the Arctic May not Contribute as Much Oil and Gas as Thought

Sep 05, 2012 at 17:21 | Charles Kennedy

With the constantly rising demand for oil around the world, oil and gas companies are looking to extract every drop of oil they can from around the world.The…

Skyscraper Greenhouses to Feed the World of Tomorrow

Skyscraper Greenhouses to Feed the World of Tomorrow

Sep 05, 2012 at 17:21 | James Burgess

The global population is expected to reach over nine billion by 2050; that is a lot of extra mouths to feed. Some experts estimate that 80 percent of the planets…

Why Commodity Prices will Collapse By 2015

Why Commodity Prices will Collapse By 2015

Sep 05, 2012 at 17:19 | Editorial Dept

Michael Pettis at China Financial Markets believes commodity prices will collapse by as much as 50% over the next few years. His rationale is solid. Here are a…

Why US Gasoline Prices will Fall in the Coming Weeks

Why US Gasoline Prices will Fall in the Coming Weeks

Sep 04, 2012 at 17:17 | Charles Kennedy

Even though gasoline prices in the US are currently $0.15 a gallon higher than this time last year, and have been constantly rising for the past two months, Robert Rapier…

World's Largest Turbines to be Used in German Wind Farm

World's Largest Turbines to be Used in German Wind Farm

Sep 04, 2012 at 17:16 | Joao Peixe

Germany’s ambitious renewable energy plans continue to progress as the German company juwi has signed a contract to form a joint venture with the Austrian electric utility Verbund AG, also…

China Ranked as the Most Attractive Country for Renewable Energy Investments

China Ranked as the Most Attractive Country for Renewable Energy Investments

Sep 04, 2012 at 17:15 | James Burgess

Ernst & Young has recently assessed 40 countries to determine their attractiveness to renewable energy investors.The All Renewable Index 2012 ranked China in the top spot once again.…

Indian Government will Invest $4.1 Billion to Encourage EV and Hybrid Sales

Indian Government will Invest $4.1 Billion to Encourage EV and Hybrid Sales

Sep 04, 2012 at 17:14 | Charles Kennedy

Recent research by the Indian government shows that over the next eight years there will be a national demand for 5 to 7 million electric vehicles, driven by the desire…

Bankers and Economists Fail to Understand Why the Economy isn't Growing

Bankers and Economists Fail to Understand Why the Economy isn't Growing

Sep 04, 2012 at 17:13 | Editorial Dept

Central bankers debating the limits of power in Jackson Hole are wondering what's holding back the economy. "What is holding the economy back? Why is it that we've had…

Canada Warns that Anonymous May Attack Oil Sands Energy Companies

Canada Warns that Anonymous May Attack Oil Sands Energy Companies

Sep 03, 2012 at 17:36 | Joao Peixe

According to documents that have recently been obtained by Bloomberg News this month, the Royal Canadian Mounted Police (RCMP), Public Safety Department, and Communications Security Establishment Canada, have all investigated…

Oil Companies Start Retaking Oil Rigs Abandoned Ahead of Hurricane Isaac

Oil Companies Start Retaking Oil Rigs Abandoned Ahead of Hurricane Isaac

Sep 03, 2012 at 17:35 | Charles Kennedy

Following the evacuation and abandonment of 596 oil platforms in the Gulf of Mexico ahead of Hurricane Isaac, 377 are now manned once more, although oil and natural gas production…

NASA to Create Robotic Drilling Rig

NASA to Create Robotic Drilling Rig

Sep 03, 2012 at 17:33 | James Burgess

Robotic Drilling Systems AS is a Norwegian based company that has just signed a deal with NASA which will help it in its dream of developing a fully automated drilling…

Residents Ordered to Evacuate as Dam in Louisiana Threatens Imminent Collapse

Residents Ordered to Evacuate as Dam in Louisiana Threatens Imminent Collapse

Sep 03, 2012 at 17:33 | James Burgess

Whilst much of the US is facing the worst drought in 50 years, another part is suffering the effects of too much water.Torrential rains caused by Hurricane Isaac…

Who is to Blame for the Collapse of the Middle Class?

Who is to Blame for the Collapse of the Middle Class?

Sep 03, 2012 at 17:32 | Editorial Dept

Since 2000, the middle class has shrunken in size. It has fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith in the future.

Greek Oil Tanker Robbed and Released off Togo

Greek Oil Tanker Robbed and Released off Togo

Aug 31, 2012 at 17:17 | Joao Peixe

Pirates hijacked a Greek-operated oil tanker off the coast of Togo and stole 3,000 tons of oil cargo, releasing the ship back to the captain on Thursday, news agencies reported.…

Russian Oligarch Battle over Sibneft Concludes in London

Russian Oligarch Battle over Sibneft Concludes in London

Aug 31, 2012 at 17:08 | Charles Kennedy

Russian oligarch Roman Abramovich has won a $6.8 billion lawsuit stemming from allegations that he bullied fellow oligarch Boris Berezovsky into selling shares at below market prices in Russian oil…

South Sudan a Year Away from Full Oil Production

South Sudan a Year Away from Full Oil Production

Aug 31, 2012 at 17:06 | Charles Kennedy

Officials in Juba, South Sudan, told media this week that it will take up to a year to restart full oil production due to damage caused to hydrocarbon infrastructure during…

India's Esser Oil Increases Iranian Imports

India's Esser Oil Increases Iranian Imports

Aug 31, 2012 at 17:05 | Joao Peixe

India’s privately owned Esser Oil has reportedly increased imports of Iranian oil by one-third in July and has renewed its deal with Iran for the purchase of 100,000 bdp in…

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