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Standard Chartered Sees Lower Oil Inventory Draw In Q4

Standard Chartered Sees Lower Oil Inventory Draw In Q4

Projecting the oil price outlook…

Energy Fund Manager Predicts Major Upside For Oil Equities

Energy Fund Manager Predicts Major Upside For Oil Equities

Ninepoint Energy Fund’s Eric Nuttall…

Small Oilfield Service Companies May Have Big Upside

Small Oilfield Service Companies May Have Big Upside

As major oilfield service companies…

News

New York to Build its Largest Solar Plant on Top of the World’s Largest Landfill

New York to Build its Largest Solar Plant on Top of the World’s Largest Landfill

Nov 28, 2013 at 17:29 | James Burgess

Freshkills Park on Staten Island, once the world’s largest landfill site, is set to be converted into New York City’s largest solar power plant according to an announcement made by…

Rouhani Says Iran’s Economic Problems not Down to Sanctions

Rouhani Says Iran’s Economic Problems not Down to Sanctions

Nov 27, 2013 at 17:13 | Charles Kennedy

On Tuesday, whilst celebrating his first 100 days as President of Iran, Hassan Rouhani announced that the country’s current economic problems could not be entirely blamed on the international…

How Much Money Could a Well Insulated House Save You?

How Much Money Could a Well Insulated House Save You?

Nov 27, 2013 at 17:06 | Joao Peixe

Heating a home is one of the largest household costs these days, and the best way of reducing this cost is with a more efficient, better insulated home.Shrinkthatfootprint.com…

Beijing Destroys Hundreds of Barbecues in Effort to Reduce Air Pollution

Beijing Destroys Hundreds of Barbecues in Effort to Reduce Air Pollution

Nov 27, 2013 at 16:56 | Joao Peixe

Beijing, a city that at times suffers from dangerous levels of pollution, has found a method, it believes, of solving this problem. The municipal bureau of city administration and law…

Argentina Hopes for Investor-Led Shale Boom after Repsol Compensation Deal

Argentina Hopes for Investor-Led Shale Boom after Repsol Compensation Deal

Nov 26, 2013 at 17:19 | James Burgess

Argentina hopes that a new deal with oil major Repsol will help to increase confidence in President Christina Fernandez de Kirchner’s government and repair damaged relationships with energy investors, as…

India Looks to Begin Making Oil Payments to Iran after Deal

India Looks to Begin Making Oil Payments to Iran after Deal

Nov 26, 2013 at 17:17 | Joao Peixe

On Sunday, a new deal was made with Iran in which world powers agreed to ease some of the sanctions against Tehran in exchange for a reduction in stockpiles of…

The Cost of Political Infighting: RWE Cancel £4 Billion UK Wind Farm

The Cost of Political Infighting: RWE Cancel £4 Billion UK Wind Farm

Nov 26, 2013 at 17:14 | Joao Peixe

RWE, one of the big six energy companies in the UK, has dealt the country a major blow as it announces the cancellation of one of the world’s largest…

Russian Government Plans to Build 21 New Nuclear Reactors by 2030

Russian Government Plans to Build 21 New Nuclear Reactors by 2030

Nov 26, 2013 at 17:10 | Charles Kennedy

The Russian government, via its official online portal for legal information, has just recently unveiled plans to build 21 new nuclear power reactors across nine power stations by the…

Wind Sector Hopes Floating Turbines will Drive Down Costs

Wind Sector Hopes Floating Turbines will Drive Down Costs

Nov 25, 2013 at 17:37 | James Burgess

The Crown Estate, the organisation that controls most of the seabed around the UK, has given approval to Statoil to go ahead with the installation of a floating wind…

Drones will Generate Energy at 50,000 Feet then Beam it Back to Earth

Drones will Generate Energy at 50,000 Feet then Beam it Back to Earth

Nov 25, 2013 at 17:32 | Charles Kennedy

Trying to avoid the case of NIMBY (not in my back yard) that can be a problem for many sources of energy, manufacturers have begun designing methods to distance energy…

Families Abandon the Town of Mayflower, Arkansas after Exxon Oil Spill

Families Abandon the Town of Mayflower, Arkansas after Exxon Oil Spill

Nov 25, 2013 at 17:28 | Joao Peixe

On March the 29th 2013, an ExxonMobil pipeline carrying heavy crude oil from Canada’s oil sands ruptured in a quiet neighbourhood of Mayflower, Arkansas, spilling between 5,000 and 7,000 barrels…

Nissan LEAF Autonomous Drive Takes First Public Road Test

Nissan LEAF Autonomous Drive Takes First Public Road Test

Nov 22, 2013 at 17:42 | Charles Kennedy

The first ever vehicle with autonomous drive capabilities has been granted a license plate in Japan, allowing the Nissan LEAF Autonomous Drive to take to the streets of Tokyo.

Russian Parliament Opens Asian LNG Export Market to Competition

Russian Parliament Opens Asian LNG Export Market to Competition

Nov 22, 2013 at 17:36 | James Burgess

Russia’s lower house of parliament has given its full approval for new laws that would allow rival companies to export liquefied natural gas (LNG) to Asian markets, ending Gazprom’s…

Russian Billionaire Hopes to Buy RWE Oil and Gas Unit

Russian Billionaire Hopes to Buy RWE Oil and Gas Unit

Nov 22, 2013 at 17:33 | Joao Peixe

Back in March the German utility RWE announced that it planned to sell off its oil and gas unit, DEA, in order to reduce costs next year as it…

Apache Oil Corp. Develop Method to Frack without Freshwater

Apache Oil Corp. Develop Method to Frack without Freshwater

Nov 21, 2013 at 16:43 | Charles Kennedy

At an oilfield in Texas Apache Corp has become the first company to completely eliminate its reliance on freshwater, a potentially huge breakthrough that could add decades to the…

Morocco’s Offshore Potential Hampered by Onshore Problems

Morocco’s Offshore Potential Hampered by Onshore Problems

Nov 21, 2013 at 16:41 | Charles Kennedy

Unrest in the North African countries of Algeria and Libya, who suffer from labour and military unrest, has worked to the benefit of Morocco, as investors looking to get involved…

David Cameron Shows his True Colours, Green Certainly is Not One of Them

David Cameron Shows his True Colours, Green Certainly is Not One of Them

Nov 21, 2013 at 16:38 | James Burgess

The Sun newspaper has announced that British Prime Minister “David Cameron’s extraordinary transformation on the environment is complete,” after his supposedly ordered members of his government to “get rid…

Security to Increase at Norwegian Natural Gas Plants after Algerian Attack

Security to Increase at Norwegian Natural Gas Plants after Algerian Attack

Nov 21, 2013 at 16:35 | Joao Peixe

Gassco, the Norwegian state-owned natural gas company, has announced that it plans to increase security at its onshore gas facilities following violence over the past couple of years.

BP Adds Two New Rigs to Gulf of Mexico Deepsea Fleet

BP Adds Two New Rigs to Gulf of Mexico Deepsea Fleet

Nov 20, 2013 at 16:57 | Charles Kennedy

On Tuesday BP published a company press release announcing that it had added another two drilling rigs to its deepwater fleet operating in the Gulf of Mexico. On top…

Prince Alwaleed Warns Shale Revolution Threatens Saudi Economic Stability

Prince Alwaleed Warns Shale Revolution Threatens Saudi Economic Stability

Nov 20, 2013 at 16:52 | Joao Peixe

Whilst Saudi Arabia continues to state that it is not at all worried by the increasing production driven by the US shale revolution, Prince Alwaleed Bin Talal, the billionaire businessman…

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