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News

Total and CNOOC Agree to Build Crude Oil Refinery in Uganda

Total and CNOOC Agree to Build Crude Oil Refinery in Uganda

Apr 15, 2013 at 16:35 | Joao Peixe

Having finally settled their differences Total and CNOOC have agreed deal with the government of Uganda to build a small oil refinery in the East African country.Explorers initially…

Taking Money from the Public to Bail out the Banks

Taking Money from the Public to Bail out the Banks

Apr 15, 2013 at 16:34 | Editorial Dept

Far be it from bondholders or banks that caused the debt crisis to be punished for their sins, German 'Wise Men' push for wealth seizure to fund EMU bail-outs.…

Woodside Cancel $45 Billion Onshore LNG Project in Favour of Offshore Plant

Woodside Cancel $45 Billion Onshore LNG Project in Favour of Offshore Plant

Apr 12, 2013 at 17:06 | Joao Peixe

Woodside Petroleum has just announced that it is cancelling its $45 billion liquefied natural gas (LNG) project in Australia after it has decided that it no longer makes an economic…

Japan Considering 21 New Geothermal Plants

Japan Considering 21 New Geothermal Plants

Apr 12, 2013 at 17:04 | Joao Peixe

In its seemingly never ending quest to find alternative sources of energy to replace its nuclear power sector, Japan’s Ministry of Economy, Trade, and Industry has stated that 21 new…

Huge Power Ship Helps Lebanon Avoid Blackouts

Huge Power Ship Helps Lebanon Avoid Blackouts

Apr 12, 2013 at 17:02 | James Burgess

As Lebanon’s economy has developed over the years its energy demand has generally increased by 6% - 8% a year, however over the past two years it has increased at…

World’s First Ever Algae Powered Building Being Tested in Hamburg

World’s First Ever Algae Powered Building Being Tested in Hamburg

Apr 12, 2013 at 17:00 | Charles Kennedy

The world’s first ever algae-powered building is being built and tested in Hamburg, Germany.Designed by the engineering multinational firm Arup, more famous for designing the Pompidou Centre, the…

New Technology Can Help the US Develop their own Tar Sands Reserves

New Technology Can Help the US Develop their own Tar Sands Reserves

Apr 11, 2013 at 16:30 | Joao Peixe

As it looks more and more likely that the Keystone XL pipeline will be rejected, it may actually turn out that the US can develop their own tar sands. Yesterday…

Portugal Generated 70% of Energy from Renewable Sources in First Quarter

Portugal Generated 70% of Energy from Renewable Sources in First Quarter

Apr 11, 2013 at 16:28 | Charles Kennedy

REN, the Portuguese grid operator, has just released new figures that show that nearly three quarters of the country’s energy needs were met by renewable energy sources during the first…

Saudi Utility Plans to Spend $80 Billion over the Next Decade

Saudi Utility Plans to Spend $80 Billion over the Next Decade

Apr 11, 2013 at 16:28 | Joao Peixe

A local daily newspaper in Saudi Arabia known as the Arab News, has today reported that the state owned Saudi Electricity Company (SECO) plans to spend $80 billion over the…

Shell and Mitsubishi to Start Capturing Natural Gas from Iraqi Oil Fields

Shell and Mitsubishi to Start Capturing Natural Gas from Iraqi Oil Fields

Apr 11, 2013 at 16:27 | James Burgess

Extracting crude oil from wells around the world also releases large amounts of natural gas which, whilst a valuable source of energy in of itself, is often burned at the…

Obama to Scrap Fossil Fuel Subsidies to Increase Spending on Clean Energy Tech?

Obama to Scrap Fossil Fuel Subsidies to Increase Spending on Clean Energy Tech?

Apr 10, 2013 at 16:44 | Joao Peixe

On Wednesday President Barack Obama announced his budget plan for the next fiscal year, due to start at the beginning of October. The US government will dramatically boost its spending…

ExxonMobil to Pay New Hampshire $286 Million over Contamination Charges

ExxonMobil to Pay New Hampshire $286 Million over Contamination Charges

Apr 10, 2013 at 16:43 | Charles Kennedy

ExxonMobil (NYSE: XOM) has been found guilty of contaminating groundwater supplies in the state of New Hampshire, and was ordered by the jury to pay a total of $236 to…

Genel Energy Make Large Discovery in Kurdistan

Genel Energy Make Large Discovery in Kurdistan

Apr 10, 2013 at 16:42 | Joao Peixe

After promising initial tests it seems that Genel Energy have made a major discovery in the Chia Surkh region of Kurdistan. Chief Executive Officer, Tony Hayward, has said that they…

Hose Fails Under Pressure at Repsol Well Spraying Oil Over Arctic Snow

Hose Fails Under Pressure at Repsol Well Spraying Oil Over Arctic Snow

Apr 10, 2013 at 16:42 | James Burgess

This winter Repsol has drilled three exploratory wells on the North Slope of Alaska, in the Colville River Delta, all part of ambitious plans to set up drilling operations in…

Nanowire Ink Increases Solar Panel Efficiency by 25%

Nanowire Ink Increases Solar Panel Efficiency by 25%

Apr 10, 2013 at 16:40 | Editorial Dept

This week, Sweden based Sol Voltaics has announced that it intends to commercialise its new product that it believes could be a real game changer for the solar industry. The…

Spain’s Shale Hopes Take a Blow as Northern Region Bans Fracking

Spain’s Shale Hopes Take a Blow as Northern Region Bans Fracking

Apr 09, 2013 at 16:24 | James Burgess

Early estimates suggest that Spain has huge shale gas reserves, some of the largest in Europe, but the Spanish public are worried that the fracking technique used to extract the…

Cornell Plan for a 100% Renewable New York by 2030 would Cost $382 Billion

Cornell Plan for a 100% Renewable New York by 2030 would Cost $382 Billion

Apr 09, 2013 at 16:24 | Charles Kennedy

Last month Robert Howarth, an ecology professor from Cornell University, suggested that the state of New York could generate half of its energy needs from wind turbines, and the other…

Number of Oil Spills Expected to Rise if Keystone XL is Rejected

Number of Oil Spills Expected to Rise if Keystone XL is Rejected

Apr 09, 2013 at 16:23 | Joao Peixe

President Obama is expected to make his decision on the Keystone XL pipeline by September this year. Support for the pipeline would eventually see a 2,000 mile pipe carrying 830,000…

Over 1,000 European Companies Call for an End to Solar Trade War with China

Over 1,000 European Companies Call for an End to Solar Trade War with China

Apr 09, 2013 at 16:22 | Joao Peixe

The European Commission has recently launched an anti-dumping and anti-subsidy investigation against Chinese solar manufacturers following a series of complaints from European solar manufacturers.Depending on the outcome of…

Apple Headquarters to Produce 8MW of Solar Power

Apple Headquarters to Produce 8MW of Solar Power

Apr 08, 2013 at 17:28 | Joao Peixe

Norman Foster is one of Great Britain’s most prolific architects, and his work is in high demand around the world. Whilst his buildings are rarely cheap, the new Apple headquarters…

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