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Bill Gates Says $11 Trillion Anti-Oil Push Isn’t Working

Bill Gates Says $11 Trillion Anti-Oil Push Isn’t Working

Climate activists screaming at investors…

Shale Stocks Surge On Major Jump In Oil Prices

Shale Stocks Surge On Major Jump In Oil Prices

US shale drillers saw their…

News

Ecuador Now Looks to Claim its $18 Billion by Seizing Chevron's Brazilian Assets

Ecuador Now Looks to Claim its $18 Billion by Seizing Chevron's Brazilian Assets

Jun 28, 2012 at 16:57 | Joao Peixe

The case of Ecuador against Chevron continues on; and whilst Ecuador has won their landmark court judgement, Chevron is still refusing to pay the $18 billion demanded as recompense for…

EU Considers Legal Action Against UK Over Poor Air Pollution Levels

EU Considers Legal Action Against UK Over Poor Air Pollution Levels

Jun 28, 2012 at 16:56 | Charles Kennedy

Under EU law member states were required to reduce pollution levels for nitrogen dioxide (NO2) to a certain level by January 2010. Any nation that was worried it could not…

Fracking is Worth Over $100 Billion a Year to US Consumers

Fracking is Worth Over $100 Billion a Year to US Consumers

Jun 28, 2012 at 16:53 | Editorial Dept

Energy production is one of the few bright spots in the American economy. A back of the envelope cost-benefit calculation from a Yale-associated group estimates that recent increases in…

New Recycling Technique Enables Spent Nuclear Fuel Rods to be Used Again

New Recycling Technique Enables Spent Nuclear Fuel Rods to be Used Again

Jun 27, 2012 at 16:25 | Charles Kennedy

Nuclear power is currently the cheapest form of producing clean electricity, however it is inefficient and leaves waste products that are potentially very dangerous and a pain to dispose of.…

Suncor Looks for Chinese Partners to Work on Oil Sands Projects

Suncor Looks for Chinese Partners to Work on Oil Sands Projects

Jun 27, 2012 at 16:24 | Joao Peixe

Suncor Energy is the largest producer and refiner of oil in Canada. However due to ballooning costs it is now looking to create a partnership with Chinese firms as it…

Tepco Sharholders Agree to Nationalise Struggling Energy Company

Tepco Sharholders Agree to Nationalise Struggling Energy Company

Jun 27, 2012 at 16:23 | Joao Peixe

Tokyo Electric Power Company (Tepco) is the biggest energy company in Japan, but since the disaster at the Fukushima Daihatsu nuclear power plant last year it has struggled to survive.

Mubadala Looks to Invest $5.47 Billion in Brazil's Growing Economy

Mubadala Looks to Invest $5.47 Billion in Brazil's Growing Economy

Jun 27, 2012 at 16:21 | Charles Kennedy

Brazil is the largest economy in South America and is rapidly growing into one of the largest economies in the world. It has huge natural resources which are constantly being…

South Korea Become First Major Asian Customer to Halt Iranian Imports

South Korea Become First Major Asian Customer to Halt Iranian Imports

Jun 26, 2012 at 15:54 | Charles Kennedy

The EU embargo on Iranian oil is due to take effect on the 1st of July, but just before that date Ramin Mehmanparast, a spokesman for the Iranian Foreign Ministry,…

BP Investigate Fatal Explosion at Natural Gas Station in Colorado

BP Investigate Fatal Explosion at Natural Gas Station in Colorado

Jun 26, 2012 at 15:53 | Joao Peixe

Following an explosion at a natural gas compressor station in western Colorado, which killed one worker and injured two more, BP has launched a full investigation into the cause.

Vestas Cancel Plans to Build New Wind Turbine Factory in UK

Vestas Cancel Plans to Build New Wind Turbine Factory in UK

Jun 26, 2012 at 15:52 | James Burgess

The UK wind sector has been dealt a blow as Vestas has announced that they will scrap their plans to build a new wind turbine factory in the Port of…


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