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Breaking News:

Russia Plans To Boost Crude Oil Exports

News

Fossil Fuel Industry Receives $1.3 Trillion in Subsidies Each Year

Fossil Fuel Industry Receives $1.3 Trillion in Subsidies Each Year

Apr 03, 2013 at 17:34 | Joao Peixe

The International Monetary Fund has released a recent study titled ‘Energy Subsidy Reform: Lessons and Implications’ which calculates that in 2011 the world offered the fossil fuel industry subsidies…

India Considers Covering National Highways with Solar Panel Roofs

India Considers Covering National Highways with Solar Panel Roofs

Apr 03, 2013 at 17:33 | Editorial Dept

Scientists at the Gujarat Energy Research and Management Institute (GERMI) have made a proposal to cover major roads and highways in the state of Gujarat with elevated platforms that will…

What Happens to Cyprus’s Natural Gas with the Current Bailout Plan?

What Happens to Cyprus’s Natural Gas with the Current Bailout Plan?

Apr 02, 2013 at 17:49 | James Burgess

Where does the Cyprus bailout deal leave its energy reserves?It has been estimated over the years that the southeastern waters of Cyprus contain 50 to 60 trillion cubic…

BHP Billiton and Exxon Mobil to Build World’s Largest Floating LNG Plant

BHP Billiton and Exxon Mobil to Build World’s Largest Floating LNG Plant

Apr 02, 2013 at 17:48 | Joao Peixe

Rising costs in Australia’s LNG sector have led many analysts to suggest that continued expansion is limited, especially as growing production in Africa and North America offer alternative supplies, and…

Hess Corp to Sell Russian Assets to Lukoil for $2.05 Billion

Hess Corp to Sell Russian Assets to Lukoil for $2.05 Billion

Apr 02, 2013 at 17:47 | Joao Peixe

Investors pushing for a change in the setup of the oil and gas company Hess Corp (NYSE: HES), have finally got their way as the New York based energy company…

Air Pollution Contributed to 1.2 Million Premature Deaths in China

Air Pollution Contributed to 1.2 Million Premature Deaths in China

Apr 02, 2013 at 17:46 | Charles Kennedy

In 2010 the Global Burden of Disease Study was released, an ambitious attempt to describe the global distribution and causes of a wide array of major diseases, injuries, and…

Exxon Mobil Oil Spill Turns Residential Roads into Rivers of Oil

Exxon Mobil Oil Spill Turns Residential Roads into Rivers of Oil

Apr 01, 2013 at 17:33 | Charles Kennedy

On Friday afternoon a pipe in Exxon Mobil’s Pegasus pipeline, which carries more than 3.7 million gallons of crude oil a day between Illinois and Texas, burst in the town…

New Shale Oil Developments will Keep Russia at the Top

New Shale Oil Developments will Keep Russia at the Top

Apr 01, 2013 at 17:32 | Joao Peixe

Russia, the world’s second largest oil producer after Saudi Arabia, has been in a declining state for some years now, its economy is weak, its population is shrinking, and its…

Israel to Invest in Navy to Protect Giant Natural Gas Fields

Israel to Invest in Navy to Protect Giant Natural Gas Fields

Apr 01, 2013 at 17:31 | James Burgess

Back in 2009 Israel discovered huge natural gas reserves just off its Mediterranean coast. These reserves have been estimated to be in the region of 950 billion cubic metres, and…

Increasing our Protection from Solar Storms

Increasing our Protection from Solar Storms

Apr 01, 2013 at 17:29 | Joao Peixe

In 1989 a powerful solar storm emitted an explosive burst of charged particles that struck the Earth and caused blackouts across the entire province of Quebec, leaving millions without power.…


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