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China’s Cheap Electric Vehicles Could Disrupt Global Markets

China’s Cheap Electric Vehicles Could Disrupt Global Markets

China’s legion of electric vehicle…

Massive Oil Product Build Sends Prices Lower

Massive Oil Product Build Sends Prices Lower

A surprise draw in crude…

Why Trump Can’t Retreat From The Middle East

Why Trump Can’t Retreat From The Middle East

Without the need for Saudi…

News

Gasoline Prices Fall Around the US, Except the Midwest

Gasoline Prices Fall Around the US, Except the Midwest

Jun 10, 2013 at 16:29 | Editorial Dept

From Reuters: U.S. Midwest gasoline price spike expected to lingerGasoline prices at the pump in several U.S. Midwestern states have spiked close to record highs this week and…

Norwegian Tax Increase Forces Statoil to Delay $15.5 Billion Arctic Project

Norwegian Tax Increase Forces Statoil to Delay $15.5 Billion Arctic Project

Jun 07, 2013 at 22:00 | James Burgess

The Norwegian government has been dealt a blow by the state-owned oil company Statoil, which has announced that it plans to delay a $15.5 billion Arctic project due to tax…

World’s Largest Coal Company Invests in Solar Power to Reduce Energy Costs

World’s Largest Coal Company Invests in Solar Power to Reduce Energy Costs

Jun 07, 2013 at 21:59 | Joao Peixe

The world’s largest coal company has announced that it will invest in the installation of solar PV panels in an attempt to reduce energy bills and cut costs.Coal…

Creating Artificial Geothermal Spots to Power the US

Creating Artificial Geothermal Spots to Power the US

Jun 07, 2013 at 21:58 | Joao Peixe

Traditional geothermal engineering generates renewable energy by tapping into naturally occurring reservoirs of water that have been heated by geothermal energy within deep within the Earth’s crust. It is clean…

How F1 can Improve Energy Efficiency in the Technology Industry

How F1 can Improve Energy Efficiency in the Technology Industry

Jun 07, 2013 at 21:52 | Charles Kennedy

McLaren, the iconic UK motor sports team, and first ever carbon neutral F1 team, will use its nearly 50 years of experience in F1 to develop data centres that are…

Strict New EU Laws could be the End of Oil Price Reporting

Strict New EU Laws could be the End of Oil Price Reporting

Jun 07, 2013 at 21:51 | Joao Peixe

Following the raids on the London office of the lead oil price publisher Platts over suspicions of manipulating oil prices in the market, the European Union has decided to introduce…

Perfect Storm of Refinery Outages Causes Gas Prices to Soar in Indiana

Perfect Storm of Refinery Outages Causes Gas Prices to Soar in Indiana

Jun 06, 2013 at 16:56 | James Burgess

Summer holidays for Indiana families are delayed for the time being as motorists wait for gas prices to fall. According to the website Gasbuddy.com, the average price for a gallon…

US “Deeply Troubled” by Iran’s Refusal to Give UN New Nuclear Reactor Plans

US “Deeply Troubled” by Iran’s Refusal to Give UN New Nuclear Reactor Plans

Jun 06, 2013 at 16:54 | Joao Peixe

Whether or not Iran plans to develop nuclear weapons is beside the point now, their childish attitude in handling the whole situation has gone beyond a joke.The latest…

Gabon to Seize Oil Field from Sinopec as Contract Dispute Deteriorates

Gabon to Seize Oil Field from Sinopec as Contract Dispute Deteriorates

Jun 06, 2013 at 16:53 | Joao Peixe

As the contract dispute continues to progress with Gabon’s oil ministry, Addax Petroluem, owned by China Petrochemical Corp. (Sinopec), risks losing control of another oil field in the small, west-African…

Abe Announces $302 Billion Plan to Restructure Japan’s Electricity Industry

Abe Announces $302 Billion Plan to Restructure Japan’s Electricity Industry

Jun 06, 2013 at 16:52 | Charles Kennedy

Japanese Prime Minister Shinzo Abe dealt a blow to the countries utility companies as he announced on Wednesday that he supports a new plan to invest 30 trillion yen ($302…

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