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Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Baghdad is repairing the Kirkuk-Ceyhan…

IEA Cuts 2024 Oil Demand Growth Forecast

IEA Cuts 2024 Oil Demand Growth Forecast

Global oil demand growth is…

News

Another Drought in 2013 could Devastate the US Ethanol Industry

Another Drought in 2013 could Devastate the US Ethanol Industry

Feb 11, 2013 at 16:52 | James Burgess

Last year’s drought across the US is being felt by the ethanol industry as the corn scarcity has forced 20 ethanol plants to shut down.The Renewable Fuels Association…

Tribunal Demands Ecuador Cease Enforcement of $19 Billion Chevron Case

Tribunal Demands Ecuador Cease Enforcement of $19 Billion Chevron Case

Feb 11, 2013 at 16:49 | Joao Peixe

At long last Chevron (NYSE: CVX) seems to have found some support in the case against Ecuador. An international tribunal has stated that Ecuador in fact violated the panel’s previous…

New Transmission Lines Provide a Boost to Japan's Wind Sector

New Transmission Lines Provide a Boost to Japan's Wind Sector

Feb 11, 2013 at 16:49 | Charles Kennedy

Japan plans to become the world leader in the wind energy sector and has plans to build a 1 gigawatt offshore wind farm off the coast of the Fukushima Prefecture…

Neptune Bows out of Tidal Energy Sector and Enters Liquidation

Neptune Bows out of Tidal Energy Sector and Enters Liquidation

Feb 11, 2013 at 16:48 | Joao Peixe

The UK is the world leader in marine energy (tidal and wave power), hoping to have at least 300MW installed by 2020. Wave and tidal are fairly young sectors, and…

Apple Granted Patent for New Solar Powered iPhone

Apple Granted Patent for New Solar Powered iPhone

Feb 08, 2013 at 16:52 | Charles Kennedy

Apple has just had a new patent approved for what could become the next major advancement in mobile phone technology in the form of an integrated touch and solar sensor…

President Obama to Appoint MIT Physicist as New Energy Secretary

President Obama to Appoint MIT Physicist as New Energy Secretary

Feb 08, 2013 at 16:51 | Joao Peixe

Reuters have been told that President Barack Obama is thinking about appointing MIT nuclear physicist Ernest Moniz as the new Energy Secretary once Stephen Chu steps down.Moniz has…

Europe Hopes Algae Biofuel Grown in Seawater will Reduce Coal Consumption

Europe Hopes Algae Biofuel Grown in Seawater will Reduce Coal Consumption

Feb 08, 2013 at 16:50 | Joao Peixe

In Europe’s quest for alternative energy sources to reduce its ever growing consumption of coal, a new EU research consortium, known as AccliPhot, has been created. Based at the University…

Why is Oil Consumption Declining in the US?

Why is Oil Consumption Declining in the US?

Feb 08, 2013 at 16:49 | Editorial Dept

I have posted many charts by reader Tim Wallace that highlight declining oil consumption in the US.Some readers have suggested improved gasoline mileage in cars is the primary…

Rigs in the Gulf of Mexico Cease Drilling after Discovery of Faulty Bolts

Rigs in the Gulf of Mexico Cease Drilling after Discovery of Faulty Bolts

Feb 07, 2013 at 16:46 | Joao Peixe

Just three years after the events of the Macondo well oil spill befell the Gulf of Mexico, many rigs have once again been asked to cease all operations; this time…

Japan's Largest Banks Invest in Solar Industry, Expecting a Huge Boom in 2013

Japan's Largest Banks Invest in Solar Industry, Expecting a Huge Boom in 2013

Feb 07, 2013 at 16:45 | Charles Kennedy

The solar subsidy program that the Japanese government started in July 2012, in which they offer triple the rates of Germany, is expected to explode in popularity this year, turning…

Renewable Energy is already Cheaper than Coal and Gas in Australia

Renewable Energy is already Cheaper than Coal and Gas in Australia

Feb 07, 2013 at 16:43 | Joao Peixe

Bloomberg New Energy Finance has performed an analysis of different forms of energy production in Australia, and discovered that electricity from renewable energy sources was cheaper to produce than electricity…

Nano-Scale Solar Rectenna can Achieve 70% Efficiency

Nano-Scale Solar Rectenna can Achieve 70% Efficiency

Feb 07, 2013 at 16:42 | Editorial Dept

Silicon solar cells account for the majority of solar cells in the world today, and whilst they are useful and effective they actually only work at a 10% - 20%…

Uranium Production Disrupted in both Kazakhstan and Niger

Uranium Production Disrupted in both Kazakhstan and Niger

Feb 07, 2013 at 16:41 | Frik Els

Uranium supply in key producers Kazakhstan and Niger could be severely impeded by weather problems and political turmoil.According to a new report by Canaaccord Wealth Management a violent…

Iran's New $40 Million Natural Gas Platform Sinks

Iran's New $40 Million Natural Gas Platform Sinks

Feb 06, 2013 at 17:06 | Charles Kennedy

Iran’s plans to double its natural gas production over the next few months may have to go on hold for a while after a recently erected natural gas platform in…

Alaskan Brewery will Use Beer to Power its Machines

Alaskan Brewery will Use Beer to Power its Machines

Feb 06, 2013 at 17:04 | James Burgess

The Alaskan Beer Company brews its award winning beer in Juneau, Alaska. In an attempt to reduce the cost of its brewing process it has decided to install a generator…

Is Man-Made Wind the Key to Wind Energy?

Is Man-Made Wind the Key to Wind Energy?

Feb 06, 2013 at 17:04 | Joao Peixe

The US has been supporting various forms of renewable energy for the past few years, and in particular it has done much to encourage the development of the wind industry,…

UK Exports its own Cheap Gas, whilst Importing Expensive Foreign Gas

UK Exports its own Cheap Gas, whilst Importing Expensive Foreign Gas

Feb 06, 2013 at 17:02 | Joao Peixe

An analysis of gas flow in and out of the UK, performed jointly by the Guardian and Greenpeace, has shown that Britain more often than not exports its cheap gas…

Could Smart Grid Technology Have Prevented the Superbowl Blackout?

Could Smart Grid Technology Have Prevented the Superbowl Blackout?

Feb 05, 2013 at 16:50 | James Burgess

Could smart grid technology have prevented the blackout that occurred at Super Bowl XLVII? Probably not, but it would have certainly reduced the duration of the power cut.It…

Will Monterey Shale Formation Revive the California Oil Boom?

Will Monterey Shale Formation Revive the California Oil Boom?

Feb 05, 2013 at 16:50 | Joao Peixe

The Midway-Sunset oil field was at the heart of California’s oil boom, and continues to produce oil to this day, yet up in the hills above this field lies the…

Wind Power could Supply Europe with Half its Energy Need's by 2050

Wind Power could Supply Europe with Half its Energy Need's by 2050

Feb 05, 2013 at 16:49 | Charles Kennedy

At the European Wind Energy Association’s 2013 Annual Event, held in Vienna, Robert Clover of MAKE Consulting suggested that wind energy will be able to supply Europe with half of…

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