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Morgan Stanley Expects $40 Brent By Christmas

Morgan Stanley Expects $40 Brent By Christmas

Morgan Stanley expects Brent crude…

The U.S. Becomes The World’s Swing LNG Producer

The U.S. Becomes The World’s Swing LNG Producer

The United States has turned…

News

Halliburton Pleads Guilty to Destroying Evidence after Gulf of Mexico Spill

Halliburton Pleads Guilty to Destroying Evidence after Gulf of Mexico Spill

Sep 19, 2013 at 17:17 | Charles Kennedy

On Thursday, Halliburton, the oilfields services company involved in the 2010 Gulf of Mexico blowout, pleaded guilty to destroying evidence and was sentenced to three years’ probation and a…

Energy-Hungry China Sees Rise in Labor Costs

Energy-Hungry China Sees Rise in Labor Costs

Sep 19, 2013 at 17:12 | Charles Kennedy

With wages increasing and strikes engulfing the country, the massive cheap labor force that has helped fuel China’s economic boom by underselling its competitors may be coming to  an end,…

UK Wind and Marine Power Sector Employs Three Times as Many as Coal Industry

UK Wind and Marine Power Sector Employs Three Times as Many as Coal Industry

Sep 19, 2013 at 17:06 | Joao Peixe

A new report, released by RenewableUK, and an update to its original 2010 report on employment in the UK’s wind and marine power sector, has found that the number of…

Is Colorado’s Fracking Industry at Threat from the Floods?

Is Colorado’s Fracking Industry at Threat from the Floods?

Sep 18, 2013 at 17:54 | James Burgess

Colorado is currently experiencing some of the worst flooding it has ever seen, and as one of the most densely fracked areas in the United States, people are now…

GM Hopes New Battery Tech will Steal EV Market from Tesla

GM Hopes New Battery Tech will Steal EV Market from Tesla

Sep 18, 2013 at 17:51 | Joao Peixe

Tesla is probably the most famous manufacturer of electric vehicles. They appeared on the market and quickly surpassed existing car makers and to dominate with their Tesla Model S.

Oil & Gas Exploration: Turning Middle Earth into Mordor

Oil & Gas Exploration: Turning Middle Earth into Mordor

Sep 18, 2013 at 17:48 | Joao Peixe

New Zealand, perhaps more famously known as Middle Earth from the Lord of the Rings and Hobbit films, is famous for its untouched scenic vistas, the pristine, rolling landscapes, green…

Billionaire Dan Gertler Looks for Partners to Develop Congo Oil Fields

Billionaire Dan Gertler Looks for Partners to Develop Congo Oil Fields

Sep 18, 2013 at 17:42 | Charles Kennedy

Dan Gertler, the Israeli billionaire and founder of the Dan Gertler International (DGI) Group of Companies, is looking for partners to help develop oil blocks in the Democratic Republic…

The Next Shale Gas Boom will be in Australia not China

The Next Shale Gas Boom will be in Australia not China

Sep 17, 2013 at 17:14 | James Burgess

Whilst China has the largest reserves of Shale gas in the world, it seems as though Australia will be the next country to start producing significant amounts of shale…

Kuwait Decides to End Plans for a Pipeline to Bypass the Strait of Hormuz

Kuwait Decides to End Plans for a Pipeline to Bypass the Strait of Hormuz

Sep 17, 2013 at 17:10 | Charles Kennedy

The Strait of Hormuz is perhaps the most important stretch of water in the world in terms of energy markets. It leads from the Persian Gulf to the Arabian Sea,…

Deadly Explosion at Venezuelan Oil Refinery a Result Sabotage

Deadly Explosion at Venezuelan Oil Refinery a Result Sabotage

Sep 17, 2013 at 17:04 | Joao Peixe

An explosion at Venezuela’s largest oil refinery on the 25th August 2012, which killed at least 40 people and caused an estimated $1.7 billion in damages, was supposedly caused by…

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