• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days The United States produced more crude oil than any nation, at any time.
  • 2 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 1 hour How Far Have We Really Gotten With Alternative Energy
Canada's Hydro-Heavy Decarbonization Strategy in Jeopardy

Canada's Hydro-Heavy Decarbonization Strategy in Jeopardy

Drought has disrupted Canada's hydropower…

Tesla to Lay Off Over 10% of Global Workforce

Tesla to Lay Off Over 10% of Global Workforce

Tesla is laying off over…

EU Sanctions on Russia Face Legal Challenges

EU Sanctions on Russia Face Legal Challenges

The recent legal challenges to…

News

Close to Achieving Full Independence, KRG Hit with Major Legal Dispute

Close to Achieving Full Independence, KRG Hit with Major Legal Dispute

Oct 22, 2013 at 16:26 | Joao Peixe

Thanks to the regions huge untapped oil reserves, its generous production-sharing contracts, and the stability that the local KRG offers compared to the rest of Iraq, Kurdistan has attracted billions…

China’s Rush for Hydropower Ignores its Citizens Wellbeing

China’s Rush for Hydropower Ignores its Citizens Wellbeing

Oct 22, 2013 at 15:53 | Joao Peixe

After releasing its 12th five-year plan, the Chinese government decided to set ambitious targets for renewable energy installations in an attempt to reduce dependence on coal power plants, which are…

Shell Claims Global Liquid Fuel Demand will Peak in 2035

Shell Claims Global Liquid Fuel Demand will Peak in 2035

Oct 21, 2013 at 17:09 | James Burgess

Some said that the automobile would never replace the horse, so when it has been said that oil will never be replaced as the main driver behind society’s existence, maybe…

Brazil could Mark a Change in Strategy for Chinese Oil Companies

Brazil could Mark a Change in Strategy for Chinese Oil Companies

Oct 21, 2013 at 17:05 | Charles Kennedy

On Monday, Chinese state owned oil companies will compete with other international oil majors to win rights for exploration and development of blocks in Brazil’s Libra pre-salt deepwater field.

UK Heralds in a New Era of Nuclear Energy with Hinkley Point Deal

UK Heralds in a New Era of Nuclear Energy with Hinkley Point Deal

Oct 21, 2013 at 17:02 | Joao Peixe

The UK government has finally agreed a deal with EDF to build the first nuclear power plant in Great Britain for 20 years, the first of many in a new…

40,000 Petrobras Employees Strike over Upcoming Libra Oilfield Auction

40,000 Petrobras Employees Strike over Upcoming Libra Oilfield Auction

Oct 18, 2013 at 17:21 | Joao Peixe

Having made the largest discovery of oil in decades, Brazil is trying to attract foreign investors to help its state-owned oil company, Petrobras, develop the giant reserves.On Monday…

Oil Majors Flock to Morocco, Excited by Offshore Potential

Oil Majors Flock to Morocco, Excited by Offshore Potential

Oct 18, 2013 at 17:16 | Charles Kennedy

Technological advances, and a better understanding of geological formations, has allowed oil companies to discover reserves in regions previously thought to be empty. This has caused a boom in activity…

Rising Energy Prices Force UK to Turn to Renewable Energy

Rising Energy Prices Force UK to Turn to Renewable Energy

Oct 18, 2013 at 17:02 | Joao Peixe

Energy prices are rising in the UK by fairly large margins. Last week SSE, one of the largest energy companies in Great Britain, said that it will increase its prices…

Apache Shifts Oil Focus to North America

Apache Shifts Oil Focus to North America

Oct 17, 2013 at 16:43 | Charles Kennedy

As Kenya prepares to pump its first crude and investors can hardly get enough of this East African hotspot, US-based Apache Corp. has announced it will be divesting its acreage…

UK Opens its Doors to Chinese Investment in Key Infrastructure

UK Opens its Doors to Chinese Investment in Key Infrastructure

Oct 17, 2013 at 16:41 | Joao Peixe

On the final day of his trade visit to China, British Chancellor of the Exchequer, George Osborne, has announced that Chinese companies will be allowed to buy a stake…

Chevron Invests $12 Billion on Gulf of Mexico Expansion

Chevron Invests $12 Billion on Gulf of Mexico Expansion

Oct 17, 2013 at 16:38 | Charles Kennedy

As part of what Joe Gregory, the general manager of major capital projects at Chevron, calls “a significant part of the company's growth strategy,” Chevron is spending almost $12 billion…

UK to Use its North Sea Experience to become a Hub for Arctic Oil Exploration

UK to Use its North Sea Experience to become a Hub for Arctic Oil Exploration

Oct 17, 2013 at 16:34 | James Burgess

The arrest of 28 Greenpeace activists protesting Arctic oil exploration in Russian waters has attracted the world’s attention. It seemed like this would bring more support for the fight…

The US Passes Saudi Arabia to become the World’s Largest Oil Producer

The US Passes Saudi Arabia to become the World’s Largest Oil Producer

Oct 16, 2013 at 16:59 | James Burgess

PIRA, a leader in worldwide energy market analysis, has recently announced that the US has finally surpassed Saudi Arabia as the largest oil producer in the world, after an…

Russia’s Oil Industry Spills 30 Million Barrels a Year

Russia’s Oil Industry Spills 30 Million Barrels a Year

Oct 16, 2013 at 16:55 | Charles Kennedy

Last month Greenpeace protestors attempted to board the Prirazlomnove oil platform to hang a protest banner against Arctic Sea oil drilling. In a report from February this year, titled “

Norway’s Sovereign Wealth Fund Gives a Boost to Global Renewable Energy

Norway’s Sovereign Wealth Fund Gives a Boost to Global Renewable Energy

Oct 16, 2013 at 16:51 | Joao Peixe

The Norwegian sovereign wealth fund is the largest in the world at around $750 billion, and a new government is currently being formed in Oslo that is considering investing…

Iran Sets Out Roadmap to Solve Nuclear Conflict

Iran Sets Out Roadmap to Solve Nuclear Conflict

Oct 16, 2013 at 16:48 | Joao Peixe

The first round of talks between the new Iranian government of President Hassan Rouhani, and the six nations of the US, UK, France, Germany, Russia, and China, are coming…

State-Owned Firms May be Asked to Bail Out Struggling Indian Government

State-Owned Firms May be Asked to Bail Out Struggling Indian Government

Oct 16, 2013 at 16:42 | Joao Peixe

In order to try and repair public finances and the country’s strained budget, India’s Finance Minister P. Chidambaram hoped to raise around $9 billion this year from selling state-owned assets.…

Al Gore’s London Headquarters to be Powered by NASA Fuel Cell Technology

Al Gore’s London Headquarters to be Powered by NASA Fuel Cell Technology

Oct 15, 2013 at 16:43 | Joao Peixe

Al Gore, the former US vice-president and climate change champion, will benefit from fuel cell technology designed by NASA, and used in its space shuttle, to provide the light and…

As Patents Soar, Clean Energy Money Disappears

As Patents Soar, Clean Energy Money Disappears

Oct 15, 2013 at 16:39 | Charles Kennedy

We may be innovative, as patents for clean energy surge like never before, but the follow-through is lacking as global investment in the sector takes a dive.New patents…

Branson: Climate Change Policies Offer Great Opportunities to Smart Businessmen

Branson: Climate Change Policies Offer Great Opportunities to Smart Businessmen

Oct 15, 2013 at 16:37 | Charles Kennedy

Richard Branson, billionaire entrepreneur and founder of the Virgin Group, has become one of the first leading businessmen to make a truly bold call for more climate action after a…

Oilprice - The No. 1 Source for Oil & Energy News