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New Russian Sanctions Spark Metal Market Volatility

New Russian Sanctions Spark Metal Market Volatility

Sanctions on Russian copper, aluminum,…

Aluminum Prices Chase 2023 Highs

Aluminum Prices Chase 2023 Highs

Aluminum prices continue to rally,…

Tesla to Lay Off Over 10% of Global Workforce

Tesla to Lay Off Over 10% of Global Workforce

Tesla is laying off over…

News

Norway Considers Partnership with China for Arctic Oil Exploration

Norway Considers Partnership with China for Arctic Oil Exploration

Nov 13, 2013 at 16:18 | Joao Peixe

It has been estimated by the US Geological Survey that the Arctic could contain 90 billion barrels of oil equivalent, and as drilling technologies have improved the race to access…

New Report Finds US Ethanol Mandate is Destroying the Environment

New Report Finds US Ethanol Mandate is Destroying the Environment

Nov 13, 2013 at 16:15 | James Burgess

In 2005, ex-President George W. Bush signed the Energy Policy Act which included the Renewable Fuels Standard, requiring oil companies to add ethanol to their gasoline, and whilst running…

World’s First Hydrogen Fuel Cell Mobile Phone Charger

World’s First Hydrogen Fuel Cell Mobile Phone Charger

Nov 13, 2013 at 16:04 | James Burgess

Hydrogen fuel cells have the potential to replace batteries completely and offer a clean alternative power source for portable devices. Unfortunately development of the technology has been slow and no…

Royal Dutch Shell to Sell $15 Billion of Assets to Offset Record Spending

Royal Dutch Shell to Sell $15 Billion of Assets to Offset Record Spending

Nov 13, 2013 at 16:01 | Joao Peixe

Investors and shareholders are relaxing after Royal Dutch Shell has announced that it will begin selling off assets to try and offset the huge investments it has made in new…

EIA Predicts Gasoline Prices to Average $3.39 for 2014

EIA Predicts Gasoline Prices to Average $3.39 for 2014

Nov 13, 2013 at 15:59 | Editorial Dept

The EIA expects gasoline prices to decline further in 2014 according to the Short Term Energy and Winters Fuel Outlook released today: • The weekly U.S. average…

Second Tanker is Hijacked as Pirate Activity Increases around Singapore

Second Tanker is Hijacked as Pirate Activity Increases around Singapore

Nov 12, 2013 at 16:47 | Charles Kennedy

Pirate activity in the South China Sea around Singapore seems to be on the up in recent years, and two tankers have been taken in the last month from the…

IEA: Shale Boom is Only Temporary , we’ll Soon be Relying on Middle East Again

IEA: Shale Boom is Only Temporary , we’ll Soon be Relying on Middle East Again

Nov 12, 2013 at 16:43 | Joao Peixe

Claims that the shale boom in the US will eventually see the country become energy self-sufficient seems to have received its biggest blow yet after the International Energy Agency, in…

UK Energy Bills Predicted to Rise Another 50% by 2020

UK Energy Bills Predicted to Rise Another 50% by 2020

Nov 12, 2013 at 16:35 | James Burgess

After EDF have become the fifth of the big six energy companies to raise their prices in the UK this year, Energy UK, the country’s energy industry trading body,…

Libyan Rebels Lay down a Challenge to Tripoli by Starting Independent Oil Firm

Libyan Rebels Lay down a Challenge to Tripoli by Starting Independent Oil Firm

Nov 12, 2013 at 16:32 | Joao Peixe

For some time now the Kurdish region of northern Iraq has defied the central government in Baghdad by declaring independence and working to create its own government, oil company, and…

Trans-Fat Sucking Up American Energy, But Not for Long

Trans-Fat Sucking Up American Energy, But Not for Long

Nov 12, 2013 at 16:30 | Joao Peixe

The US Food and Drug Administration (FDA) is seeking to ban trans fats from food production for safety reasons, citing the additives as a significant public health concern.

New Device Generates Energy from Background Radiation

New Device Generates Energy from Background Radiation

Nov 11, 2013 at 17:17 | Joao Peixe

Engineers researching at Duke University, North Carolina, have just unveiled a new invention that allows them to harvest background electromagnetic radiation and convert it into electricity, and the amazing…

Have TEPCO Unknowingly Hired the Yakuza to Sort Fukushima Clean-Up?

Have TEPCO Unknowingly Hired the Yakuza to Sort Fukushima Clean-Up?

Nov 11, 2013 at 17:13 | James Burgess

Large criminal organisations are always on the lookout for the next opportunity to rip people off and make a quick bit of easy money. The disaster at the Fukushima power…

A Few of the Crazier Climate Patents Issued by the US Patent Office

A Few of the Crazier Climate Patents Issued by the US Patent Office

Nov 11, 2013 at 17:10 | Joao Peixe

James West has written a fun and interesting article on climatedesk.org that looks into some of the funkier climate change mitigation designs recently issued patents by the US patent office.…

No Deal Done, but Iran will Allow Inspectors to Visit New Nuclear Facilities

No Deal Done, but Iran will Allow Inspectors to Visit New Nuclear Facilities

Nov 11, 2013 at 17:04 | Charles Kennedy

In order to show their willingness to comply, after yet another round of talks finishes without a deal, the Iranian Atomic Agency has agreed to allow UN inspectors to…

Shell to Drill First Wells in $10 Billion Ukraine Shale Gas Project

Shell to Drill First Wells in $10 Billion Ukraine Shale Gas Project

Nov 08, 2013 at 17:20 | James Burgess

At the beginning of the year Ukraine took its first major steps to reducing its dependence on Russian natural gas imports, by signing a $10 billion shale gas deal…

Argentina Warns British Oil Companies to Stay Clear of the Falklands

Argentina Warns British Oil Companies to Stay Clear of the Falklands

Nov 08, 2013 at 17:16 | Charles Kennedy

Despite having lost a war in the 1980s after trying to invade the Falkland Islands, and just this year suffering a unanimous vote by the islanders themselves to remain…

High Costs and Low Prices Put Plans for Grand Canyon Uranium Mine on Hold

High Costs and Low Prices Put Plans for Grand Canyon Uranium Mine on Hold

Nov 08, 2013 at 17:13 | Joao Peixe

Earlier in the year I wrote an article about the Obama Administration’s decision to allow Energy Fuels Resources to reopen an old uranium mine positioned just next to the…

Netanyahu Furious at Potential Nuclear Deal with Iran

Netanyahu Furious at Potential Nuclear Deal with Iran

Nov 08, 2013 at 17:10 | Joao Peixe

Tensions are rising and discussions are becoming more intense as it appears that parties involved in the talks with Iran may be making good progress to a first deal that…

Exxon Mobil Returns to Madagascar - Four Years after Military Coup

Exxon Mobil Returns to Madagascar - Four Years after Military Coup

Nov 07, 2013 at 16:53 | James Burgess

Madagascar, the island nation off the east coast of Mozambique, boasts rich mineral deposits, and for a few years in the mid-2000s it attracted attention from foreign investors, such as…

British Gas Agree £4.4 Billion LNG Deal with Qatar

British Gas Agree £4.4 Billion LNG Deal with Qatar

Nov 07, 2013 at 16:50 | Charles Kennedy

Centrica, the owner of British Gas, announced on Wednesday that it had agreed a new £4.4 billion deal with Qatar for the supply of natural gas up until 2018.…

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