After taking on the crude…
Azerbaijan has ambitious plans to…
Grain-oriented electrical steel plays an…
The Gaza Strip is in the middle of an energy crisis that is close to developing into a full blown humanitarian crisis as their only power plant was forced to…
A new report by the market researchers Venture Middle East has announced that the Middle East is due to spend a combined $180 billion on new water and power projects…
On Friday the British Prime Minister David Cameron signed a new energy pact with French President Nicolas Sarkozy that will lead to the construction of more nuclear power plants in…
In January President Barack Obama delayed any decisions on the Keystone XL Pipeline, citing that he needed more time to assess the environmental impacts. He has not rejected the pipeline,…
The general energy objective in the US is to achieve energy independence, because they believe it will ensure energy security. In Obamas State of the Union speech he proclaimed that…
Following the Iranian Revolution in 1979 demand of oil from Saudi Arabia fell from ten million barrels per day (bpd) to three million bpd. As a result of the reduced…
The EU is currently discussing a Fuel Quality Directive, which will designate Canada’s tar sands as 22% more polluting than conventional fuels and effectively ban any fuel derived from them…
Last year China, India, Japan, and South Korea accounted for 60 percent of Iran’s total oil exports, providing the country with $100 billion of revenue. As the EU oil sanctions…
Climate change is real. Few doubt that now. Governments try to impose, rather weak, legislation to combat climate change such as imposing reductions in carbon emissions, but in truth nothing…
Eni SpA, Italy’s largest oil company, owns 70% of Mozambique’s offshore Area 4, a large area off the East coast of Africa where last year they discovered a huge natural…
Last year Europe imported nearly 600,000 barrels of Iranian crude per day, accounting for 24% of Iran’s total oil exports. The majority of this crude was bought by Greece, Italy,…
South Korea’s STX Group is looking to sell its 51% stake in STX OSV, the world’s biggest producer of oil-rig support vessels, in an attempt to raise capital to repay…
Environmental groups in Maine have decided that tar sands oil from western Canada wasn't their cup of tea even though the pipeline company behind the scenes said it really wasn't…
The German government plans to increase the share of its energy produced from renewable sources from the current level of 20 percent to 35 percent by 2020. A large portion…
Last week the Russian energy giant, Gazprom, sent a delegation to the Dominican Republic following an invitation to perform geological surveys and help in the development of electrical power projects.…
On a recent sabbatical, Associate Professor Dr. Kourosh Kalantar-zadeh, from the School of Electrical and Computer Engineering at RMIT University in Melbourne, travelled to Cambridge in order to work with…
On Thursday the Nuclear Regulatory Commission approved the first nuclear power plant in the US since the Three Mile Island accident in Pennsylvania back in 1979. The Southern Co. based…
The logic of cutting down huge institutions could mean splitting the largest ones into several pieces. Yet banks do not always come in easily divisible parts. Such a move could…
Young industries such as the renewable energy sectors rely heavily on government funding and incentives to help them achieve a level of competition with the well-established industries out there. The…
The lack of follow-through to the downside led to a fast turnaround in April Crude Oil last week. Although the market closed higher for the week, it remained inside of…
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