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Are Diamonds The Future Of Energy Storage?

Are Diamonds The Future Of Energy Storage?

New research on energy storage…

OPEC+ Could Hold Its Next Meeting This Week

OPEC+ Could Hold Its Next Meeting This Week

The next OPEC+ meeting may…

News

ConocoPhillips to Sell Oil Sands Assets to Exxon

ConocoPhillips to Sell Oil Sands Assets to Exxon

Aug 12, 2013 at 16:47 | Jen Alic

ConocoPhillips has cut a deal to sell all of its Clyden oil sands property—a total of 226,000 acres--in Canada to ExxonMobil Canada and Imperial Oil for $720 million.

Small Texan Communities Dry Up as Fracking Industry Takes Water

Small Texan Communities Dry Up as Fracking Industry Takes Water

Aug 12, 2013 at 16:43 | Charles Kennedy

What some ranchers may not know when they agree to sell drilling leases to energy companies, granting them permission to drill and frack on their land, is that in some…

Lightning Bolt Sparks Fire at Venezuelan Oil Refinery

Lightning Bolt Sparks Fire at Venezuelan Oil Refinery

Aug 12, 2013 at 16:38 | Joao Peixe

During torrential thunderstorms over the weekend a lightning bolt struck a storage tank at a refinery on Sunday, causing a huge blaze. Having suffered similar such accidents in the past…

US Oil Demand Grows at Fastest Rate in Two Years

US Oil Demand Grows at Fastest Rate in Two Years

Aug 09, 2013 at 17:22 | Charles Kennedy

The International Energy Agency (IEA) has declared that the demand for oil in the US is growing at its fastest rate in over two years, mostly due to the increase…

Oil Sands Leak Calls into Question Extraction Techniques

Oil Sands Leak Calls into Question Extraction Techniques

Aug 09, 2013 at 17:20 | Joao Peixe

A leak at an oil sands facility in Northern Alberta has so far spilled 280,022 gallons of oil across a 51 acre area since June and is becoming the focus…

Want to Save the Environment? Don’t go to the Game, Watch Sport on your iPad

Want to Save the Environment? Don’t go to the Game, Watch Sport on your iPad

Aug 09, 2013 at 17:13 | James Burgess

The Carbon Trust has released data that shows that watching sport on smartphones and tablet devices is actually good for the environment. Discovering that watching a match via the…

PetroChina to Develop Giant Iraqi Oil Field with Exxon Mobil

PetroChina to Develop Giant Iraqi Oil Field with Exxon Mobil

Aug 09, 2013 at 17:09 | Joao Peixe

PetroChina, China’s largest energy company, was the first foreign firm to sign oil deals with Baghdad after the US-led invasion to topple Saddam Hussein, and has grown to be the…

Exxon Mobil to Buy ConocoPhillips’ Oil Sands Stake for $720 Million

Exxon Mobil to Buy ConocoPhillips’ Oil Sands Stake for $720 Million

Aug 08, 2013 at 16:49 | Joao Peixe

On Thursday ConocoPhillips announced another deal as part of its 2012-2013 asset disposition program, with the sale of 226,000 acres of its Canadian oil sands property to Exxon Mobil…

Ship Inspired by Sucker Fish Hopes to Revolutionize the Offshore Oil Industry

Ship Inspired by Sucker Fish Hopes to Revolutionize the Offshore Oil Industry

Aug 08, 2013 at 16:47 | James Burgess

More and more remote offshore oil fields are being developed as new technologies allow oil companies to extract from ever deeper, more inaccessible locations.The Brazilian offshore fields, being…

Sanctions Enable Iranian Shipping Company to Expand Fleet Capacity by 23%

Sanctions Enable Iranian Shipping Company to Expand Fleet Capacity by 23%

Aug 08, 2013 at 16:42 | Joao Peixe

Due to the ever growing net of sanctions placed on Iran and its oil and gas industry by the EU and US, over the continuing dispute concerning Iran’s suspect nuclear…

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