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Oil Majors Go On $27 Billion Selling Spree

Oil Majors Go On $27 Billion Selling Spree

Global giants of the oil…

The Uncertain Fate Of U.S. Shale In 2020

The Uncertain Fate Of U.S. Shale In 2020

The fate of U.S. shale…

Putin Determined To Strengthen Ties With OPEC

Putin Determined To Strengthen Ties With OPEC

Putin, talking at the BRICS…

News

BioPower Systems Announce Strategic Partnership with Shanghai Electric

BioPower Systems Announce Strategic Partnership with Shanghai Electric

Oct 16, 2012 at 17:09 | Joao Peixe

BioPower Systems has just announced that it will form a business alliance with the large Chinese industrial organisation, Shanghai Electric Power Generation Group.After six years of research and…

New Study Shows that Global Warming Stopped 16 Years Ago

New Study Shows that Global Warming Stopped 16 Years Ago

Oct 15, 2012 at 17:23 | Charles Kennedy

Figures that have recently been released by Hadcrut 4, the collaboration between the Met Office’s Hadley Research Centre and the Climatic Research Unit, describing the changes in global temperature. The…

Solyndra File $1.5 Billion Case Against Three Chinese Solar Companies

Solyndra File $1.5 Billion Case Against Three Chinese Solar Companies

Oct 15, 2012 at 17:19 | James Burgess

Solyndra, the bane of Obama’s clean energy loan scheme, received $535 million in government support before it had to file for bankruptcy back in 2011.It has now come…

Iran will Stop Enrichment Program in Exchange for Uranium Fuel Supply

Iran will Stop Enrichment Program in Exchange for Uranium Fuel Supply

Oct 15, 2012 at 17:18 | James Burgess

In an attempt to show flexibility in the talks over its nuclear enrichment program, which have made little progress since April and have led to the West imposing harsher sanctions…

Saudi Aramco to Spend $35 Billion on Increasing Oil Production Capacity by 2017

Saudi Aramco to Spend $35 Billion on Increasing Oil Production Capacity by 2017

Oct 15, 2012 at 17:17 | Joao Peixe

Khalid al-Falih, the head of the world’s biggest oil producer, Saudi Aramco, has given a speech at Oxford University in which he mentioned that his company will invest $35 billion…

Shamoon Virus that Attacked Saudi Aramco is the Most Dangerous to Date

Shamoon Virus that Attacked Saudi Aramco is the Most Dangerous to Date

Oct 12, 2012 at 17:31 | Charles Kennedy

In an attempt to attract investment and support for his plan to upgrade and improve the cyber defences of the US, Defense Secretary Leon Panetta addressed business leaders in New…

Oman Announces Plans to Build World's Largest Oil Storage Facility

Oman Announces Plans to Build World's Largest Oil Storage Facility

Oct 12, 2012 at 17:30 | Joao Peixe

Iran has threatened to close the Straits of Hormuz on more than one occasion in response to the sanctions being imposed upon its economy by the US and EU. Over…

IEA Say that Oil Price May Fall to $89 a Barrel in Next Five Years

IEA Say that Oil Price May Fall to $89 a Barrel in Next Five Years

Oct 12, 2012 at 17:28 | Joao Peixe

The International Energy Agency (IEA) has predicted that oil prices could fall over the next five years as a result of the slow global economy and low demand in comparison…

Punishment for Dealing with Kurds: Baghdad to Replace Exxon with Russians

Punishment for Dealing with Kurds: Baghdad to Replace Exxon with Russians

Oct 11, 2012 at 17:32 | James Burgess

Baghdad has been angry with certain international oil companies, namely ExxonMobil, Total, and Chevron, for their dealings with Kurdistan. The oil companies have signed oil deals in the northern region…

Nigerian Villagers Take Shell to Court over Pollution of Niger Delta

Nigerian Villagers Take Shell to Court over Pollution of Niger Delta

Oct 11, 2012 at 17:29 | Joao Peixe

In a landmark case which could open up the doors to allow more poor communities to file compensation claims against international oil companies, on Thursday four Nigerian villagers took Royal Dutch…


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