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China Scoops Up Cheap Nigerian Oil

China Scoops Up Cheap Nigerian Oil

Nigeria can finally let off…

Oil And Gas Rig Count Falls For Ninth Straight Week

Oil And Gas Rig Count Falls For Ninth Straight Week

Baker Hughes reported on Friday…

News

Abu Dhabi withdraw from $12 Billion Turkish Energy Project

Abu Dhabi withdraw from $12 Billion Turkish Energy Project

Aug 26, 2013 at 16:48 | Joao Peixe

Turkey’s currency recently fell to record lows after an emerging market sell-off, and the country’s economy looks unlikely to grow, not the best environment to begin a multibillion dollar project,…

Nigeria’s Oil Industry Threatened by Petroleum Industry Bill

Nigeria’s Oil Industry Threatened by Petroleum Industry Bill

Aug 23, 2013 at 17:13 | Charles Kennedy

Nigeria may have just shot itself in the foot with its proposed Petroleum Industry Bill (PIB).The bill would boost industry taxes enough to deter further investment in oil…

India Hopes Floating Solar Power Plants will Help Bring Energy Independence

India Hopes Floating Solar Power Plants will Help Bring Energy Independence

Aug 23, 2013 at 17:08 | Joao Peixe

India’s energy problems have been well documented over the past couple of years, most notably during the huge blackouts in 2012 which left over 700 million without power.

South Africa Allows Shale Exploration in Beauty Spot

South Africa Allows Shale Exploration in Beauty Spot

Aug 23, 2013 at 17:01 | Joao Peixe

The Karoo semi-desert is a vest region that covers more than 400,000 square kilometres, around 40% of South Africa’s land mass, and has remained virtually undeveloped for hundreds of millions…

San Bruno Penalty could Force PG&E into Bankruptcy

San Bruno Penalty could Force PG&E into Bankruptcy

Aug 23, 2013 at 16:57 | James Burgess

In July the California Public Utilities Commission changed a previous decision to allow Pacific Gas & Electric to pay their $2.25 billion fine for the natural gas explosion in…

Tesla Model S Officially the Safest Car on the Road

Tesla Model S Officially the Safest Car on the Road

Aug 22, 2013 at 16:51 | Joao Peixe

The Tesla Model S has been out of the news for a few weeks, so it only seems right that it is time for it to grab the headlines once…

Record Investment in the UK Oil & Gas Industry in 2013

Record Investment in the UK Oil & Gas Industry in 2013

Aug 22, 2013 at 16:46 | James Burgess

Despite the fact that production in the North Sea is declining rapidly and the current government claims to be the greenest ever; the UK oil and gas industry is set…

Greece Hopes TAP Pipeline will Lead them to Economy Recovery

Greece Hopes TAP Pipeline will Lead them to Economy Recovery

Aug 22, 2013 at 16:40 | Joao Peixe

Greece has been struggling for a while. Its economy completely failed a few years ago and it had to be handed a bailout by the EU to stop the country…

Leaking Water at Fukushima Increased from ‘Anomaly’ to ‘Serious Incident’

Leaking Water at Fukushima Increased from ‘Anomaly’ to ‘Serious Incident’

Aug 21, 2013 at 16:51 | James Burgess

On Wednesday the Japanese nuclear watchdog announced that it was considering boosting the UN’s International Nuclear and Radiological scale rating  at the Fukushima Dai-chi plant from a level one…

US Largest Oil Refinery Partially Closed after Yet Another Fire

US Largest Oil Refinery Partially Closed after Yet Another Fire

Aug 21, 2013 at 16:47 | Joao Peixe

Ever since undergoing a $10 billion expansion, the Motiva oil refinery in Port Arthur, Texas, has experienced a long line of incidents, the latest being a fire which has…

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