Oil prices rose by 2%…
Brent slumped to $70 on…
Georgia’s ruling party says Western-funded…
Wednesday saw natural gas futures up nearly 1% on news that Hurricane Isaac would push more production offline and potentially damage the natural gas infrastructure in the affected region. Nearly…
Saudi Aramco, Saudi Arabia’s state-owned oil giant, has recovered, with its 30,000 computers back online after a major computer virus apparently launched by a group called the Cutting Sword of…
During the summit of the Non-Aligned Movement (NAM) in Tehran, Iranian Supreme Leader Ayatollah Ali Khamenei told the 120 state leaders gathered that Iran had no intention of pursuing nuclear…
Mexico’s state-owned Pemex oil has announced a major oil discovery in the deep waters of the Gulf of Mexico that Mexican President Felipe Calderon is touting as promising one-third of…
Four Scottish renewable energy companies are competing for a £10m Saltire Prize for the development of wave and tidal energy devices in Scottish waters. ScottishPower Renewables, Aquamarine Power, Pelamis Wave…
US automaker General Motors Co. has announced it will halt production of the Chevrolet Volt electric car for four weeks, citing the car’s failure to meet targeted sales projections, according…
As gas prices continued to climb yesterday, industry analysts are predicting the increasing likelihood that the US will draw from its strategic oil and gas reserves in the face of…
Russian Gazprom on Monday signed an agreement for the construction of the Bulgarian section of its South Stream gas pipeline with Bulgaria’s National Energy Holdings. Gazprom Deputy CEO…
A huge thermoelectric power plant joint venture between Brazil’s MPX Energia SA and Germany’s E.ON has been sidelined by a Chilean court over environmental concerns. Earlier this week,…
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.7 percent…
US voters apparently favor President Barack Obama’s energy policy over the energy independence plan unveiled by Republican presidential candidate Mitt Romney, according to two new polls conducted this week. According…
During a summit of the Non-Aligned Movement (NAM) this week, Iran may allow visiting diplomats to inspect a military installation southeast of Tehran and targeted by UN inspectors as a…
A short 20 kilometers off the coast of the Fukushima nuclear plant, Japan’s electricity utility has discovered fish containing a level of radiation unsafe for consumption, Japanese news agencies reported.…
Venezuela’s biggest oil refinery has been shut down following a gas explosion that killed 41 people and injured 86 others some 240 miles west of Caracas, news agencies reported.…
Will Merkel get her wish for a Unites States of Europe led by nannycrats in Brussels? I suspect not because a vote would likely go up in flames. Chancellor Angela…
The US Department of Energy’s National Energy Technology Laboratory last week released a report in support of natural gas as a cost-effective resource for the generation of electric power and…
The countries of the European Union are examining whether US bioethanol producers are receiving trade-distorting government aid, which could lead the EU to impose retroactive tariffs on US bioethanol products…
The Southern Ocean operates as an absorber of carbon dioxide emissions from burning fossil fuels, but until now scientists were in the dark as to how these ocean depths were…
Analysts are predicting that orders for desalination equipment, which makes drinking water from the sea, will triple over the next five years and metamorphose into a $17 billion business thanks…
Israel Natural Gas Lines' is energetically courting US majors to develop its oil and gas industry, inviting firms specializing in exploration, production, pipeline construction, logistical services, workforce training and other…