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OPEC Agrees To Schedule Meeting On July 1-2

OPEC Agrees To Schedule Meeting On July 1-2

After weeks of disagreements, conflicting…

Oil Inches Higher On Falling Rig Count

Oil Inches Higher On Falling Rig Count

Oil prices inched higher at…

News

Japan's Search for Nuclear Energy Replacement Continues

Japan's Search for Nuclear Energy Replacement Continues

Jul 24, 2012 at 17:48 | Joao Peixe

Japans hunt for renewable energy sources that can replace the loss of its nuclear power sector continues. Since the recent announcement of feed in tariffs, the capacity of solar installations…

The Fed Proposes Changes to the Money Market to Prevent Bank Runs

The Fed Proposes Changes to the Money Market to Prevent Bank Runs

Jul 24, 2012 at 17:47 | Dollar Collapse

When investors decide to close out their riskier positions and move into “cash”, they don’t actually go to the bank and get a stack of twenties. Most just sell their…

Iranian Naval Commander Says Straits of Hormuz will not be Closed

Iranian Naval Commander Says Straits of Hormuz will not be Closed

Jul 23, 2012 at 17:11 | Charles Kennedy

Iranian politicians have often said that they would consider blocking the Straits of Hormuz in response to US and EU sanctions that are exerting economic pressure on the Gulf state…

By How Much Does a Green Label Increase the Value of a House?

By How Much Does a Green Label Increase the Value of a House?

Jul 23, 2012 at 17:10 | James Burgess

Do ‘green’ houses with energy saving features actually sell for more than houses without?A new economic study by professors Matthew E. Kahn of UCLA and Nils Kok of…

Oil Futures Fall Further Over EU Debt Fears and China's Slowing Economic Growth

Oil Futures Fall Further Over EU Debt Fears and China's Slowing Economic Growth

Jul 23, 2012 at 17:09 | Charles Kennedy

Oil prices have fallen again. Crude oil futures for September fell $2.71 to $89.12 on the New York Mercantile Exchange, down as 9.8 percent this year. Brent oil for September…

Construction of South Stream Pipeline to Begin in December

Construction of South Stream Pipeline to Begin in December

Jul 23, 2012 at 17:07 | Joao Peixe

The South Stream natural gas pipeline was first introduced in 2007 as a venture between Gazprom of Russia, and Eni of Italy. It is meant to offer a rival to…

Energy Committee Says Canada Must Clean Up its Oil Sector

Energy Committee Says Canada Must Clean Up its Oil Sector

Jul 20, 2012 at 17:19 | James Burgess

A new report by the Energy Committee of the Canadian Senate, has stated that the country must do more to persuade the world that it is developing its oil resources…

Greenhouse Gas Emissions Rose 3% in 2011 to All Time High

Greenhouse Gas Emissions Rose 3% in 2011 to All Time High

Jul 20, 2012 at 17:18 | Charles Kennedy

The European Commission’s Joint Research Centre has released a report in conjunction with the Netherlands’ Environmental Assessment Agency which finds that greenhouse gas emissions in 2011 were at an…

Turkmenistan's Proven Natural Gas Reserves Almost Doubled in New BP Review

Turkmenistan's Proven Natural Gas Reserves Almost Doubled in New BP Review

Jul 20, 2012 at 17:17 | Joao Peixe

On the 17th of July, BP released its 2012 edition of its Statistical Review of World Energy, the energy business ‘bible’.In it Turkmenistan’s proven natural gas reserves have…

Chevron Follow ExxonMobil and Invests in Kurdistan Oil Exploration

Chevron Follow ExxonMobil and Invests in Kurdistan Oil Exploration

Jul 20, 2012 at 17:16 | Charles Kennedy

Yesterday Chevron announced that it will buy a majority stake in two exploration blocks in the Kurdistan region of Iraq from the Indian firm, Reliance Industries. Chevron follows ExxonMobil who…


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