• 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
  • 23 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours They pay YOU to TAKE Natural Gas
  • 4 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 4 days How Far Have We Really Gotten With Alternative Energy
  • 8 days e-truck insanity
  • 6 days An interesting statistic about bitumens?
  • 10 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in

News

BP Unveils Giant New Supercomputer to Help with Oil and Gas Exploration

BP Unveils Giant New Supercomputer to Help with Oil and Gas Exploration

Oct 23, 2013 at 16:50 | Charles Kennedy

On Tuesday BP officially opened its new computing centre in Houston, claiming that it is the world’s largest supercomputer being used for commercial research.In recent years supercomputers…

McLaren Produces $1 Million Hybrid Supercar

McLaren Produces $1 Million Hybrid Supercar

Oct 23, 2013 at 16:43 | Joao Peixe

Are you interested in saving the planet by driving a low emissions vehicle, yet disappointed by the lack of million dollar models available? Well McLaren are about to release a…

Dutch Designer Creates Giant Electric Vacuum to Suck Smog out of the Air

Dutch Designer Creates Giant Electric Vacuum to Suck Smog out of the Air

Oct 23, 2013 at 16:37 | James Burgess

China’s pollution crisis has been highlighted once again by a thick blanket of smog which has this time settled over the northeastern city of Harbin, reducing visibility to just…

Cameron to Cut Green Taxes in Battle over Rising Energy Prices

Cameron to Cut Green Taxes in Battle over Rising Energy Prices

Oct 23, 2013 at 16:32 | Joao Peixe

Rising energy prices has become a hot topic in the UK recently, and as the general elections approach in 2015, Labour has managed to steal a lead thanks to Ed…

Glow in the Dark Road Surface Reduces Need for Street Lamps

Glow in the Dark Road Surface Reduces Need for Street Lamps

Oct 22, 2013 at 16:37 | James Burgess

At the beginning of the year the Netherlands proposed to use photo-luminescent paint to mark out lanes and traffic markers on roads, in an effort to revolutionise the country’s infrastructure…

Russia to Focus on LNG in Effort to Reduce Dependence on European Market

Russia to Focus on LNG in Effort to Reduce Dependence on European Market

Oct 22, 2013 at 16:32 | Charles Kennedy

Historically Russia has relied heavily on the European market to send its natural gas exports and earn huge revenues that make up most of the government’s annual earnings. However, fed…

France, China to Build First UK Nuclear Plant Since 1995

France, China to Build First UK Nuclear Plant Since 1995

Oct 22, 2013 at 16:28 | Joao Peixe

Electricite de France SA (EDF), French Areva SA and two Chinese nuclear companies will partner to build the first nuclear plant in the United Kingdom since 1995. After…

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…

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