Oil prices moved higher on…
According to the IEA, the…
India's oil demand has been…
In the recent Forum on Chinese-Africa Cooperation (FOCAC), China has secured its ties with Africa by pledging almost twice as much aid money as last year. President Hu Jintao promised…
Lloyds Banking Group has recently declared that it will invest £1 billion into the British governments new Infrastructure Plan. Lloyds have identified nine social and economic infrastructure projects, three conventional…
Russia and Saudi Arabia’s opposing stances over the situation in Syria has finally led to action. Saudi business tycoon Mubarak Swaikat has cancelled several multi-million dollar oil and gas contracts…
There is a chance that the FOMC will announce QE3 this week although some analysts expect QE3 in September and others after the election in November.As an example,…
The National Renewable Energy Laboratory (NREL) has released a report titled US Renewable Energy Technical Potentials: A GIS-Based Analysis. As the title suggests, the report provides an in depth…
Renewable energy sources provide a headache for electricity grid operators due to the difficulty of predicting the constantly changing levels of power that renewable sources such as wind and solar…
Last year the top ten Houston-area business executives received compensation packages worth a combined $215 million.According to Longnecker & Associates the top 100 best paid executives received packages…
Shell’s plans to drill up to five wells in the Arctic Waters off Northern Alaska have been hit by delays due to late thawing sea ice along the coast, and…
The Whitehouse has released plans to increase access to public land for solar installations with the hope of encouraging more capacity. 285,000 acres in parts of Arizona, California, Colorado, Nevada,…
Following the success of their American campaign against Chinese solar panel manufacturers, which has seen the introduction of tariffs of as much as 35% being levied against imported products, SolarWorld…
In 2010 Abu Dhabi’s International Petroleum Investment Company (IPIC) made a net profit of $1.3 billion. IPIC has recently reported that in 2011 their net profit was $44.7 million; a…
The UK government is not only claiming to be the greenest government ever, but it is also determined to oversee the greenest games ever at this year’s Olympic Games, due…
In an effort to reduce the effectiveness of EU sanctions Iran has launched its first ever home produced aframax oil tanker, capable of carrying 700,000 barrels of oil.Mehdi…
Despite the fact that ExxonMobil’s second quarter profits have been declared as $15.9 billion, a 49% increase from the year before, its quarterly earnings have been lower than predicted.
The Environmental Protection Agency has proposed a new plan to clean the air in the national parks of Arizona; a move that could force the largest coal-fired power plant in…
Severe storms can often knock out power lines, leaving millions without electricity for anywhere between a few hours, to several days or more. Burying the cables would avoid the risk…
A scientist at Iran’s Atomic Energy Organisation sent an email to the internet security site F-Secure Security Labs to inform them that once again the country’s nuclear industry has been…
Three Japanese engineering companies IHI Plant Construction Corporation, Xenesys Incorporated, and Yokogawa Electric Corporation, will work together to build a trial Ocean Thermal Energy Conversion (OTEC) plant in the waters…
Back in February Statoil of Norway announced that it had found natural gas deposits off the coast of Tanzania, and in May British Gas and Ophir Energy discovered more gas…
Last week the British Department of Energy and Climate Change (DECC) was meant to publish its decision about plans to reduce the Renewable Obligation Certificates (ROC) band for onshore wind…