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News

More Solar Workers in the U.S. than Coal Miners

More Solar Workers in the U.S. than Coal Miners

Apr 30, 2013 at 16:47 | Joao Peixe

The solar industry is still tiny compared to the oil and gas industry. In truth it is still a baby, only just learning to stand on its own two feet,…

Argentine Billionaire Hopes to Beat Chevron and Develop Vaca Muerta with YPF

Argentine Billionaire Hopes to Beat Chevron and Develop Vaca Muerta with YPF

Apr 30, 2013 at 16:46 | Charles Kennedy

Argentina’s second richest family, the Eurnekians, made their fortune from media and airports, but now plan to take advantage of the country’s undeveloped shale riches by becoming the governments first…

American Energy Partners: McClendon’s Next Energy Empire?

American Energy Partners: McClendon’s Next Energy Empire?

Apr 29, 2013 at 17:17 | Joao Peixe

Less than a month after being ejected from Chesapeake Energy, the charismatic, yet controversial, Aubrey McClendon, has launched his next venture in the form of the American Energy Partners.

Serious Breaches at BP’s Norwegian Platform Cause Risk of Huge Explosion

Serious Breaches at BP’s Norwegian Platform Cause Risk of Huge Explosion

Apr 29, 2013 at 17:16 | James Burgess

The Norwegian regulators, the Petroleum Safety Authority (PSA), have found that the oil and gas leak at BP’s Ula field in the North Sea was the result of a series…

Turkey Set to Confirm Plans for Construction of $22 Billion Nuclear Power Plant

Turkey Set to Confirm Plans for Construction of $22 Billion Nuclear Power Plant

Apr 29, 2013 at 17:14 | Joao Peixe

Taner Yildiz, the energy minister for Turkey, has said that an announcement will be made by the weekend as to which country, and which companies, will win the contract to…

New Report Confirms that China Leads the Global Fight Against Climate Change

New Report Confirms that China Leads the Global Fight Against Climate Change

Apr 29, 2013 at 17:14 | Charles Kennedy

A new report by the Climate Commission of Australia, has admitted that whilst China remains the world’s largest polluting nation, it also leads the fight against climate change.In…

Russia Attempts to Loosen China’s Grip on the Global Rare Earth Industry

Russia Attempts to Loosen China’s Grip on the Global Rare Earth Industry

Apr 29, 2013 at 17:13 | MINING.com

ICT Group, controlled by Russian tycoon Alexander Nesis and state-owned corporation Rostec has reached a $1 billion deal to develop the Tomtor rare metals deposit in the far east of…

Oil Rig Worker Ranked as 5th Worst Job in America

Oil Rig Worker Ranked as 5th Worst Job in America

Apr 26, 2013 at 16:03 | Charles Kennedy

The Wall Street Journal has recently released a list of 200 jobs in the US that rank from best to worst. Oil rig workers were ranked No. 196, just…

South Africa to Use Large-Scale Underground Coal Gasification

South Africa to Use Large-Scale Underground Coal Gasification

Apr 26, 2013 at 16:00 | James Burgess

At the Fossil Fuel Foundation (FFF) workshop held in Johannesburg this week, industry leaders from around the world heard about the benefits of underground coal gasification technology (UCG).John…

Norway’s Sovereign Wealth Fund Grew by $37 Billion in First Quarter

Norway’s Sovereign Wealth Fund Grew by $37 Billion in First Quarter

Apr 26, 2013 at 15:59 | Joao Peixe

Norway’s $728 billion Government Pension Fund Global, the largest sovereign wealth fund in the world, grew by 219 billion kroner ($37 billion) during the first quarter of 2013, due to…

MPs Warned not to Expect Shale Gas Boom in the UK

MPs Warned not to Expect Shale Gas Boom in the UK

Apr 26, 2013 at 15:58 | Joao Peixe

The UK Energy and Climate Change Committee released a report on Friday that warned MP’s not to expect a dramatic fall in domestic gas prices similar to the US, whose…

Australian Federal Government to Prevent Fracking Around the Great Barrier Reef

Australian Federal Government to Prevent Fracking Around the Great Barrier Reef

Apr 25, 2013 at 16:46 | James Burgess

In February, the conservative state government of Queensland lifted a ban on shale oil exploration and production along its coast, enabling companies to begin assessing the potential there, in the…

China Eastern Airlines to Run Commercial Flights on Biofuel

China Eastern Airlines to Run Commercial Flights on Biofuel

Apr 25, 2013 at 16:45 | Joao Peixe

China Eastern Airlines has just announced that it will begin operating commercial flights which run on 100% biofuel, having completed a successful trial of the renewable aviation fuel on Wednesday.

Syrian War Forces Oil Refining into the Fields

Syrian War Forces Oil Refining into the Fields

Apr 25, 2013 at 16:44 | James Burgess

Oil exports, which once provided Syria with 25% of all government revenue, are almost none existent now. The war has crippled the oil industry; over 4 million Syrians have been…

New York City Approves 1,000MW Transmission Line from Quebec

New York City Approves 1,000MW Transmission Line from Quebec

Apr 25, 2013 at 16:43 | Charles Kennedy

A week ago the New York State Public Service Commission (PSC) granted their approval for the construction of the Champlain Hudson power Express transmission cable.The $2.2 billion project…

Solar should Dump Wind and Form an Alliance with Natural Gas

Solar should Dump Wind and Form an Alliance with Natural Gas

Apr 24, 2013 at 15:23 | Joao Peixe

Wind needs transmission, and solar doesn’t.A bit of a revelation to some, maybe, but it actually brings with it great consequences and options for a country’s energy mix.

Halliburton to Agree Out of Court Settlement for Part in 2010 Oil Spill

Halliburton to Agree Out of Court Settlement for Part in 2010 Oil Spill

Apr 24, 2013 at 15:22 | Joao Peixe

Halliburton, the contractor hired by BP to carry out all cementing work on the ill-fated Macondo well, announced on Monday that it has entered into advanced talks to agree an…

Donald Trump’s Adverts against Scottish Wind Farms are Banned

Donald Trump’s Adverts against Scottish Wind Farms are Banned

Apr 24, 2013 at 15:20 | James Burgess

Donald Trump, as part of his on-going campaign against the Scottish governments plans to erect a wind farm off the coast of his £750m golf resort in Menie, Aberdeenshire, has…

Chevron’s Big Foot Deepwater Platform Arrives in Texas

Chevron’s Big Foot Deepwater Platform Arrives in Texas

Apr 24, 2013 at 15:16 | Charles Kennedy

Having originally set out from Korea, where it was built by the Daewoo Shipping and Marine Engineering Co., Chevron’s Big Foot deep water offshore platform has recently arrived in Texas…

Saudi Arabia’s Shale Gas Hopes Dashed Due to Lack of Water

Saudi Arabia’s Shale Gas Hopes Dashed Due to Lack of Water

Apr 23, 2013 at 16:40 | James Burgess

Much of Saudi Arabia’s conventional natural gas is produced as a by-product of the crude oil extraction. Nearly all is then re-injected back into the well in order to maintain…

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