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Global Climate Goals Still Unreachable Despite Record Renewable Growth

Global Climate Goals Still Unreachable Despite Record Renewable Growth

Renewable energy installations reached record…

Energy Efficiency is Critical for a Sustainable Future

Energy Efficiency is Critical for a Sustainable Future

Governments must prioritize energy efficiency…

News

Latin America Expected to Boost Oil Imports from the US

Latin America Expected to Boost Oil Imports from the US

Jan 23, 2014 at 16:42 | Joao Peixe

Latin American economies have benefitted from relatively strong economic growth over the past several years growing their middle class and leading to an increase in fuel demand. However, a lack…

Halliburton Manager Sentenced in Deepwater Horizon Case

Halliburton Manager Sentenced in Deepwater Horizon Case

Jan 22, 2014 at 16:43 | Joao Peixe

Anthony Badalamenti, a former Halliburton manager, has been sentenced to one year of probation for his part in destroying evidence after the 2010 BP oil spill in the Gulf…

More Oil Spilled in 2013 US Rail Incidents than Previous 37 Years Combined

More Oil Spilled in 2013 US Rail Incidents than Previous 37 Years Combined

Jan 22, 2014 at 16:38 | James Burgess

A new analysis of data from the Pipeline and Hazardous Materials Safety Administration (PHMSA) has shown that more crude oil was spilled in US rail incidents last year than…

EU Sets World’s Toughest Emission Reduction Target of 40% by 2030

EU Sets World’s Toughest Emission Reduction Target of 40% by 2030

Jan 22, 2014 at 16:36 | Joao Peixe

Negotiations ground out right up until the 11am deadline on Wednesday, but the European Commission finally managed to agree a landmark deal that will see it cut greenhouse gas emissions…

Report States China Must Spend $330 Billion in Battle against Climate Change

Report States China Must Spend $330 Billion in Battle against Climate Change

Jan 22, 2014 at 16:32 | Charles Kennedy

China’s rapid economic expansion has been fuelled by a huge capacity of energy generation, mostly in the form of coal power plants, which has turned the country into the largest…

Thermophotovoltaics can Produce Far more Efficient Solar Devices

Thermophotovoltaics can Produce Far more Efficient Solar Devices

Jan 21, 2014 at 16:47 | Charles Kennedy

The problem that solar photovoltaic devices always run up against is one of efficiency. PV devices are only able to receive energy from a certain range of wavelengths of light,…

U.S. Nuclear Waste Disposal – Only One Company Cashing In

U.S. Nuclear Waste Disposal – Only One Company Cashing In

Jan 21, 2014 at 16:45 | James Burgess

Each year the US spends an estimated $30 billion on nuclear waste disposal, yet due to the incredibly high barriers to entry into the market there are almost no companies…

Honduran Congress Approves Legislation to Privatize Energy Sector

Honduran Congress Approves Legislation to Privatize Energy Sector

Jan 21, 2014 at 16:41 | Joao Peixe

On Monday, the Congress of Honduras finalised legislation that approves the breakup of the country’s state-owned energy producer, Empresa Nacional de Energia Electrica (ENEE). Under the new legislation private investors…

Iraq 2014 Budget will Collapse without Kurdish Oil Income

Iraq 2014 Budget will Collapse without Kurdish Oil Income

Jan 20, 2014 at 17:19 | James Burgess

Haider al-Abadi, the head of the Iraqi parliament’s treasury committee, told Reuters that unless the northern Kurdistan region pays oil export revenue to the national treasury in Baghdad this…

Using Windmills Smaller than a Grain of Rice to Charge Portable Devices

Using Windmills Smaller than a Grain of Rice to Charge Portable Devices

Jan 20, 2014 at 17:16 | Charles Kennedy

Smitha Rao and JC Chiao, two researchers from the University of Texas at Arlington, have designed a unique concept to charge mobile electronic devices that use tiny micro-windmills attached…

China Announces its Final Anti-Dumping Duties Against US Solar Imports

China Announces its Final Anti-Dumping Duties Against US Solar Imports

Jan 20, 2014 at 17:08 | Joao Peixe

On Monday, China announced its final anti-dumping and anti-subsidy duties to be levied against all imports of solar-grade polysilicon from the US. It is just the latest move in…

Germany Decides to Cut its Renewable Energy Subsidies

Germany Decides to Cut its Renewable Energy Subsidies

Jan 20, 2014 at 17:05 | Joao Peixe

In 2011, after the Fukushima disaster in Japan, Angela Merkel, the Chancellor of Germany, made the surprise decision of scrapping nuclear power in order to focus on renewable energy sources.…

Perfect Storm of Problems Forces Shell to Announce 48% Drop in Earnings

Perfect Storm of Problems Forces Shell to Announce 48% Drop in Earnings

Jan 17, 2014 at 17:30 | James Burgess

On Friday, ahead of the official date of release for its full earnings report (30th of January), Shell has decided to warn the market and its investors, that due to…

Easing of Sanctions Allows Iran to Access $4.2 Billion Trapped Foreign Assets

Easing of Sanctions Allows Iran to Access $4.2 Billion Trapped Foreign Assets

Jan 17, 2014 at 17:26 | Charles Kennedy

A senior US administration official has claimed that under the interim nuclear agreement made last year with Iran, Tehran will be able to access about $4.2 billion of the…

Republicans and Democrats Join Forces to Defeat the Biofuel Mandate

Republicans and Democrats Join Forces to Defeat the Biofuel Mandate

Jan 17, 2014 at 17:21 | Joao Peixe

Biofuels policies in the US and Europe are seriously flawed, resulting in wasted money and increases in food prices. The problem is so big that it has even led to…

Norway’s Arctic Dreams are Shattered by Rising Costs and Taxes

Norway’s Arctic Dreams are Shattered by Rising Costs and Taxes

Jan 16, 2014 at 17:00 | James Burgess

Constant increases in the costs of oil and gas projects along with a hike in taxes have combined with falling prices to force many oil companies to reconsider their future…

Asia to Receive Alaskan Gas with New Pipeline from Stranded North Slope Fields

Asia to Receive Alaskan Gas with New Pipeline from Stranded North Slope Fields

Jan 16, 2014 at 16:58 | Charles Kennedy

Alaskan gas has finally found a market after an agreement has been signed by several major oil and gas companies and the state to build an 800 mile pipeline…

Pemex Likely to Focus on Shallow-Water Licences Under New Energy Policy

Pemex Likely to Focus on Shallow-Water Licences Under New Energy Policy

Jan 16, 2014 at 16:50 | Joao Peixe

In December the Mexican congress cast an overwhelming vote in favour of opening up the country’s oil and gas sector to foreign firms for the first time in decades, allowing…

What Went On at the 2014 UN Investor Summit on Climate Risk

What Went On at the 2014 UN Investor Summit on Climate Risk

Jan 16, 2014 at 16:46 | Joao Peixe

On Wednesday, more than 500 global investment and financial executives gathered at the United Nations for the 2014 Investor Summit on Climate Risk to discuss a $36 trillion plan…

Are Fracking Fluids to Blame for Rail Car Explosions?

Are Fracking Fluids to Blame for Rail Car Explosions?

Jan 15, 2014 at 16:39 | James Burgess

Over the past year or so there seems to have been far more train derailments of cars carrying crude oil that have resulted in huge, deadly explosions, and it is…

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