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News

GM Hope to Boost Sales of the Chevy Volt by Offering a $5,000 Discount

GM Hope to Boost Sales of the Chevy Volt by Offering a $5,000 Discount

Jun 13, 2013 at 16:44 | Joao Peixe

General Motors has decided to offer potential buyers of the Chevrolet Volt as much as $5,000 to incentivise them into making a purchase. Demand for electric vehicles is low, and…

Report Finds Coal Industry Causes 22,300 Premature Deaths a Year in Europe

Report Finds Coal Industry Causes 22,300 Premature Deaths a Year in Europe

Jun 13, 2013 at 16:44 | Charles Kennedy

The Institute for Energy Economics at the Stuttgart University has just a released a report, commissioned by Greenpeace International, that studied the health impacts of the coal industry in…

Centrica Pay £40 Million for 25% in Giant Shale Formation in the UK

Centrica Pay £40 Million for 25% in Giant Shale Formation in the UK

Jun 13, 2013 at 16:43 | Joao Peixe

Britain is the largest user of natural gas in Europe, and just as shale gas has managed to transform the US energy sector, the UK is hoping that its own…

Norway Tries to Encourage Arctic Oil & Gas Exploration by Awarding New Licenses

Norway Tries to Encourage Arctic Oil & Gas Exploration by Awarding New Licenses

Jun 12, 2013 at 16:35 | Joao Peixe

In an effort to try and encourage more exploration and development of oil in its northern regions, on Wednesday Norway awarded 24 new oil and gas exploration licenses, with most…

Shareholders to Benefit if Oil Companies Split off Shale Assets

Shareholders to Benefit if Oil Companies Split off Shale Assets

Jun 12, 2013 at 16:34 | James Burgess

Occidental Petroleum Corp. are considering a proposal to split its operations up into separate companies; a move that might actually prove enticing to other oil companies, and could potentially create…

Ideas that may Make Solar Power more Competitive

Ideas that may Make Solar Power more Competitive

Jun 12, 2013 at 16:33 | Charles Kennedy

Solar power, whilst maybe not able to boast the largest capacity of the renewable energy sources, can surely claim to be the most popular. In the US the installed solar…

Korean Crude Oil Imports from the North Sea to Fall by Half due to Tax Change

Korean Crude Oil Imports from the North Sea to Fall by Half due to Tax Change

Jun 12, 2013 at 16:32 | Joao Peixe

Over the past few years South Korea has enjoyed a good trade agreement with European Oil Producers working in the North Sea, but that is all about to change as…

Ship’s Cook Found Alive in Sunken Tug Boat off the Nigerian Coast

Ship’s Cook Found Alive in Sunken Tug Boat off the Nigerian Coast

Jun 12, 2013 at 16:31 | Charles Kennedy

Two weeks ago I wrote a brief article about the tug boat that sank off the Nigerian coast on 26th May. The twelve crew members were reported missing, 10…

Petronas to Invest $20 Billion in Canadian LNG Project to Supply Asia

Petronas to Invest $20 Billion in Canadian LNG Project to Supply Asia

Jun 11, 2013 at 16:23 | Charles Kennedy

Petronas, the Malaysian state-owned oil and gas company, is moving quite steadily into the liquefied natural gas (LNG) industry, with the latest news being that it plans to invest $20…

Qatar to Give Egypt Five Shipments of LNG

Qatar to Give Egypt Five Shipments of LNG

Jun 11, 2013 at 16:19 | Joao Peixe

The Egyptian Petroleum Minister has stated that Qatar will grant his country five shipments of natural gas to help them through the summer, when temperatures soar and electricity consumption rises…

Mercedes SLS Electric Drive Laps Nürburgring in Under 8 Minutes

Mercedes SLS Electric Drive Laps Nürburgring in Under 8 Minutes

Jun 11, 2013 at 16:18 | Joao Peixe

Daimler has released a press release to announce that its Mercedes SLS AMG Coupé Electric Drive has set a world record by completing the Nürburgring Nordschleife racetrack in Germany…

Powering the World with its Own Waste

Powering the World with its Own Waste

Jun 11, 2013 at 16:15 | James Burgess

As the world continues to develop, energy demand continues to increase, yet we are finding it more difficult and more expensive to develop new sources of energy. One source of…

UK Reviews North Sea Oil Rigs to Determine How to Increase Production

UK Reviews North Sea Oil Rigs to Determine How to Increase Production

Jun 11, 2013 at 16:14 | Charles Kennedy

Ed Davey, the secretary of state for energy and climate change, has announced that the UK’s oil rigs in the North Sea face challenges if they are to continue producing…

Sudan Shuts Oil Pipelines and Accuses South Sudan of Helping Rebels

Sudan Shuts Oil Pipelines and Accuses South Sudan of Helping Rebels

Jun 10, 2013 at 16:33 | Joao Peixe

Sudan and South Sudan are at each other throats again, threatening the tentative peace that has lasted for several months, after Sudan’s president Omar al-Bashir ordered a stoppage of all…

New Technology Charges Electric Buses in 15 Seconds

New Technology Charges Electric Buses in 15 Seconds

Jun 10, 2013 at 16:32 | Charles Kennedy

ABB Group, a global leader in power and automation technologies, has developed a new high-capacity, flash charging device that will allow cable-less electric busses and trams to travel around busy…

Brazil to Triple Funding for Renewable Energy and Biofuel Research

Brazil to Triple Funding for Renewable Energy and Biofuel Research

Jun 10, 2013 at 16:31 | Joao Peixe

Brazil has one of the largest, fastest growing economies in the world, and also some of the largest offshore oil reserves in the word. However, rather than relying on that…

US to Have First Ever Commercial Small Modular Reactor by 2022

US to Have First Ever Commercial Small Modular Reactor by 2022

Jun 10, 2013 at 16:30 | Charles Kennedy

A team of engineers have begun digging and drilling holes at a site near to the banks of the Clinch River in eastern Tennessee, as they prepare for the development…

Gasoline Prices Fall Around the US, Except the Midwest

Gasoline Prices Fall Around the US, Except the Midwest

Jun 10, 2013 at 16:29 | Editorial Dept

From Reuters: U.S. Midwest gasoline price spike expected to lingerGasoline prices at the pump in several U.S. Midwestern states have spiked close to record highs this week and…

Norwegian Tax Increase Forces Statoil to Delay $15.5 Billion Arctic Project

Norwegian Tax Increase Forces Statoil to Delay $15.5 Billion Arctic Project

Jun 07, 2013 at 22:00 | James Burgess

The Norwegian government has been dealt a blow by the state-owned oil company Statoil, which has announced that it plans to delay a $15.5 billion Arctic project due to tax…

World’s Largest Coal Company Invests in Solar Power to Reduce Energy Costs

World’s Largest Coal Company Invests in Solar Power to Reduce Energy Costs

Jun 07, 2013 at 21:59 | Joao Peixe

The world’s largest coal company has announced that it will invest in the installation of solar PV panels in an attempt to reduce energy bills and cut costs.Coal…

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