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4 Questions About the Future of Electricity

4 Questions About the Future of Electricity

Despite skepticism about climate change,…

Russian Oil is Fueling Geopolitical Fragmentation

Russian Oil is Fueling Geopolitical Fragmentation

Russia's invasion of Ukraine has…

Green Hydrogen Hype Gets Dose of Reality

Green Hydrogen Hype Gets Dose of Reality

As hydrogen plans become more…

News

Oil Service Companies Flock to Saudi Arabia for 2014

Oil Service Companies Flock to Saudi Arabia for 2014

Oct 28, 2013 at 17:48 | Joao Peixe

The shale boom in the US and Canada has led to an overcapacity for rigs, restricting the profits of energy service companies. As the likes of Schlumberger, Halliburton, and Baker…

Libya Prevents Marathon Oil from Selling its Assets

Libya Prevents Marathon Oil from Selling its Assets

Oct 25, 2013 at 17:36 | James Burgess

Since the fall of Muammar Gaddafi in 2011 Libya has suffered political and civil unrest, culminating in strikes at oil and gas terminals across the country, and a serious…

Is the Siberian Oilfield to be Developed by China and Russia Radioactive?

Is the Siberian Oilfield to be Developed by China and Russia Radioactive?

Oct 25, 2013 at 17:25 | Joao Peixe

There is a chance that the deal between Rosneft and CNPC to jointly develop a giant oilfield in Siberia may be tainted. I’m not talking about the corruption or illegal…

Dubai Company to Develop $5 Billion Energy City in the Philippines

Dubai Company to Develop $5 Billion Energy City in the Philippines

Oct 25, 2013 at 17:16 | Charles Kennedy

Malaya Business Insight, a Philippine national newspaper, has recently reported that Kampac International, a company based in Dubai which works in oil and gas trading, exploration and production, refining,…

United Airlines Tests New Wingtip Design in Quest to Cut Fuel Consumption

United Airlines Tests New Wingtip Design in Quest to Cut Fuel Consumption

Oct 24, 2013 at 17:14 | James Burgess

Jet fuel is now well over $3 a gallon, having risen from just 85 cents a gallon in 2000. The surge in fuel costs means that they now account for…

Ecuadorian Judge Involved in $19 Billion Case Admits Receiving Bribes

Ecuadorian Judge Involved in $19 Billion Case Admits Receiving Bribes

Oct 24, 2013 at 17:10 | Joao Peixe

Alberto Guerra, a former Ecuadorian judge, who was involved in the case against Chevron Corp. that eventually issued a $19 billion judgement against the oil company for its role in…

Japan Plans Radical Overhaul of Nuclear Industry

Japan Plans Radical Overhaul of Nuclear Industry

Oct 24, 2013 at 17:03 | Charles Kennedy

As part of Japan’s efforts to rebuild its nuclear power industry after the 2011 Fukushima Daiichi disaster and the subsequent fall in confidence in nuclear power plants, the government is…

New Technology Shapes Flames to Cut Power Plant Emissions

New Technology Shapes Flames to Cut Power Plant Emissions

Oct 24, 2013 at 17:00 | Joao Peixe

Fossil fuels are still the dominant source of energy on the planet, and absolutely vital to the development of countries such as India and China. Yet they are also a…

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…

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