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UAE: OPEC Can Fill Saudi Oil Supply Gap If Necessary

UAE: OPEC Can Fill Saudi Oil Supply Gap If Necessary

OPEC has sufficient spare capacity…

Why Oil Prices Just Fell 6%

Why Oil Prices Just Fell 6%

Oil prices fell sharply on…

Banks Battle For The Aramco IPO

Banks Battle For The Aramco IPO

The battle between investment banks…

News

Petroleum Theft Growing in Mexico

Petroleum Theft Growing in Mexico

Aug 21, 2012 at 15:58 | Joao Peixe

Despite the millions of dollars spent trying to battle theft of oil, petrol, and diesel by Mexican criminal gangs, Pemex, the Mexican government’s hydrocarbon monopoly, has reported that the pilfering…

World's First Wind-Powered EV Charging Station Installed in Barcelona

World's First Wind-Powered EV Charging Station Installed in Barcelona

Aug 21, 2012 at 15:57 | Joao Peixe

Critics of electric vehicles attack the claims that they are a truly green source of transport, due to the fact much of the electricity that they use to charge their…

Gasoline Prices up Over 30 Cents

Gasoline Prices up Over 30 Cents

Aug 20, 2012 at 10:30 | Editorial Dept

Just filled up my car, and I paid $4.11 per gallon. Using the calculator from Professor Hamilton, and the current price of Brent crude oil, the national average should be…

BP Risks Losing Status as Top Energy Firm with Sale of Prime Assets

BP Risks Losing Status as Top Energy Firm with Sale of Prime Assets

Aug 20, 2012 at 10:20 | Charles Kennedy

BP risks losing its status as one of the largest and most diverse energy firms in the world as the 2010 Deepwater Horizon oil spill continues to haunt it. So…

German Offshore Windfarm is Delayed Due to Fears for Local Porpoises

German Offshore Windfarm is Delayed Due to Fears for Local Porpoises

Aug 20, 2012 at 10:18 | James Burgess

Utility companies have had to delay the construction of a 25 GW windfarm off the coast of Germany due to fears that the noise created by the drills used to…

A Look at 10 Indian Solar Projects which will Prevent Future Blackouts

A Look at 10 Indian Solar Projects which will Prevent Future Blackouts

Aug 20, 2012 at 10:17 | Joao Peixe

Following the recent blackouts in India that have caused so much stir due to the vast number of people that they affected, it is clearer than ever that the country…

Chevron Appeals Injunction Preventing it from Operating in Brazilian Waters

Chevron Appeals Injunction Preventing it from Operating in Brazilian Waters

Aug 17, 2012 at 17:12 | Charles Kennedy

Following an oil spill last November, and then another leak in March, Chevron and its drilling contractor Transocean Ltd., were ordered to halt all operations in Brazil until civil and…

New Offshore Drilling Rules have been Released

New Offshore Drilling Rules have been Released

Aug 17, 2012 at 17:11 | Joao Peixe

President Obama has released the official rules for offshore drilling safety which will now replace the interim rules introduced following the 2010 Gulf of Mexico Disaster. The rules…

International Funds Bid for UK's Largest Water Company

International Funds Bid for UK's Largest Water Company

Aug 17, 2012 at 17:10 | Joao Peixe

Shares in United Utilities, the UK’s largest publicly listed water company, have reached a four year high following the speculation that it will soon be subject of a takeover bid.

Middle East to Spend $32.7 Billion on New Energy Projects this Year

Middle East to Spend $32.7 Billion on New Energy Projects this Year

Aug 16, 2012 at 16:45 | Charles Kennedy

Ventures Middle East, a strategic business advisory company, has recently performed a study of the Middle East and concluded that in 2012 97 new power and water projects worth $32.7…


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