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News

Tensions Escalate in Iraq as Kurdistan Moves more Tanks to Protect its Borders

Tensions Escalate in Iraq as Kurdistan Moves more Tanks to Protect its Borders

Dec 06, 2012 at 16:34 | Joao Peixe

Tensions seem to be escalating between Baghdad and Irbil, as Kurdistan rolls out its Soviet-built tanks and positions them along its undefined southern border, all aimed at the unseen Iraqi…

U.S. LNG Export Industry to be Worth $47 Billion a Year by 2020

U.S. LNG Export Industry to be Worth $47 Billion a Year by 2020

Dec 06, 2012 at 16:33 | Joao Peixe

A recent study carried out by NERA Economic Consulting on behalf of the US Energy Department has found that the economic benefits of exporting its cheap and abundant natural…

Environmentalists Must Make Up their Minds about Renewable Energy

Environmentalists Must Make Up their Minds about Renewable Energy

Dec 06, 2012 at 16:32 | Charles Kennedy

Environmentalists are united in the common belief that the world must phase out fossil fuels and develop the majority of its energy from renewable sources.Unfortunately renewable energy is…

Deepwater Horizon Chemical Dispersants 52 Times More Toxic than Oil

Deepwater Horizon Chemical Dispersants 52 Times More Toxic than Oil

Dec 05, 2012 at 16:35 | James Burgess

The Deepwater Horizon oil spill is widely considered one of, if not the, worst environmental disasters in history. Around 4.9 million barrels of oil leaked into the Gulf of Mexico,…

US Military Working with GE to Develop New Type of Engine

US Military Working with GE to Develop New Type of Engine

Dec 05, 2012 at 16:33 | Joao Peixe

Military research teams are working with General Electric, and other companies, to develop a new class of engine which will be able to efficiently burn hydrogen or fossil fuels to…

Spark-Less Tools: Say Goodbye to Hot Work

Spark-Less Tools: Say Goodbye to Hot Work

Dec 05, 2012 at 16:33 | Joao Peixe

Hot work refers to all activities that can be performed on oil rigs which create heat and could therefore potentially ignite flammable materials and cause explosions; grinding, welding, cutting, etc.

TAQA Hopes to Raise $2 Billion with Bond Sale

TAQA Hopes to Raise $2 Billion with Bond Sale

Dec 05, 2012 at 16:32 | Charles Kennedy

Abu Dhabi’s state owned energy company, the Abu Dhabi National Energy Co. (TAQA), has announced that it will be holding a two part bond sale in order to raise $2…

World's Largest Copper Producer Moves Back into Oil with $9 Billion Takeover

World's Largest Copper Producer Moves Back into Oil with $9 Billion Takeover

Dec 05, 2012 at 16:30 | Joao Peixe

The world’s largest publically traded copper producer, Freeport-McMoRan Copper & Gold Inc., has announced a $9 billion agreement to buy the oil company Plains Exploration & Production Co., and McMoRan…

British Airways Agrees to Buy $500 Million of Biofuel over Next Ten Years

British Airways Agrees to Buy $500 Million of Biofuel over Next Ten Years

Dec 04, 2012 at 16:11 | Joao Peixe

British Airways has just agreed to the world’s largest, advanced biofuel commitment made by any airline. In its drive to reduce its carbon emissions it has pledged to buy over…

Sasol to Build the First Ever Gas-to-Liquid Plant in the US

Sasol to Build the First Ever Gas-to-Liquid Plant in the US

Dec 04, 2012 at 16:08 | James Burgess

Sasol, the South African energy company based in Johannesburg, is taking a big leap of faith that the shale gas industry in the US will go from strength to strength…

Non-Oil Companies Dominate China's Shale Gas Auction

Non-Oil Companies Dominate China's Shale Gas Auction

Dec 04, 2012 at 16:07 | Charles Kennedy

China is believed to hold the world’s largest reserves of shale gas and with this in mind, the first round of shale gas auctions attracted many investors who are not…

Multi Source Energy Generation Chip to Replace Batteries?

Multi Source Energy Generation Chip to Replace Batteries?

Dec 04, 2012 at 16:04 | Joao Peixe

Scientists at the Massachusetts Institute of Technology (MIT) have developed a new chip that has the exciting possibility of generating energy from three separate sources; solar, heat, and motion, all…

Chevron Given Hope as Brazilian Injunction is Overturned

Chevron Given Hope as Brazilian Injunction is Overturned

Dec 03, 2012 at 16:41 | Joao Peixe

Back in November 2011, around 3,600 barrels of crude oil leaked from the Frade field off the northeast coast of Rio de Janeiro, just near to where Chevron (CVX) and…

Mexican Oil Industry Awaits its Resurrection as Pena Nieto Takes Office

Mexican Oil Industry Awaits its Resurrection as Pena Nieto Takes Office

Dec 03, 2012 at 16:40 | Joao Peixe

On Saturday, Enrique Pena Nieto was signed in as the new president of Mexico, the second largest economy in South America. He won the elections with promises of ending the…

Yemeni Military Attacks Tribesmen Responsible for Oil Pipeline Sabotage

Yemeni Military Attacks Tribesmen Responsible for Oil Pipeline Sabotage

Dec 03, 2012 at 16:39 | James Burgess

Yemeni oil and gas infrastructure has been under constant attack and faced continuous sabotage all year. The Yemeni government has now decided that enough is enough and has launched a…

DoE Publishes Study on the Biological Impact of OTEC

DoE Publishes Study on the Biological Impact of OTEC

Dec 03, 2012 at 16:38 | Charles Kennedy

Ocean Thermal Energy Conversion (OTEC) is a new technology that could play an important part in the future of renewable energy sources. It takes advantage of the natural temperature gradient,…

Audi and VW Plan to Make 300MPG Cars

Audi and VW Plan to Make 300MPG Cars

Nov 30, 2012 at 17:01 | James Burgess

When it comes to efficient transportation and MPG (or MPG equivalent), then human powered locomotion is pretty unbeatable. Bicycles top the charts with an astounding 984 MPGe, pedestrians tend to…

New Report Forecasts China to Have 150GW of Wind Capacity by 2015

New Report Forecasts China to Have 150GW of Wind Capacity by 2015

Nov 30, 2012 at 17:00 | Joao Peixe

According to a recent study carried out by GTM Research, titled ‘China Wind Market Quarterly’, China is on course to reach 150 GW of installed wind capacity by 2015, outstripping…

New Technology Slashes the Emissions from Diesel Engines by 45%

New Technology Slashes the Emissions from Diesel Engines by 45%

Nov 30, 2012 at 16:59 | Joao Peixe

Petrol cars release more CO2 than diesel cars; that fact is fairly well known, and can actually play a large part in the reason why some people decide to buy…

Most Accurate Climate Study Ever Confirms Global Ice Caps are Shrinking

Most Accurate Climate Study Ever Confirms Global Ice Caps are Shrinking

Nov 30, 2012 at 16:58 | Charles Kennedy

A new scientific survey has determined, with an unequalled accuracy, that all except one of the ice sheets in the world are losing huge amounts of their mass. Greenland and…

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