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OPEC Turns Bearish On Oil

OPEC Turns Bearish On Oil

In its latest monthly report,…

Shale Bleeds Cash Despite Best Quarter In Years

Shale Bleeds Cash Despite Best Quarter In Years

The second quarter earnings results…

News

Iran Sanctions Felt as Far as Namibia

Iran Sanctions Felt as Far as Namibia

Mar 19, 2012 at 16:36 | John Daly

The United Nations sanctions, designed to force Tehran to halt its nuclear program, are having an effect on far-off Namibia. The southwest African state imports all its refined fuel from…

Natural Gas Analysis for the Week of March 19, 2012

Natural Gas Analysis for the Week of March 19, 2012

Mar 19, 2012 at 16:35 | FX Empire

May Natural Gas futures finished the week higher and in the process formed a weekly closing price reversal bottom. A trade though 2.468 will confirm the bottom and set up…

Temporary vs. Permanent Increases in Government Spending

Temporary vs. Permanent Increases in Government Spending

Mar 19, 2012 at 16:32 | Editorial Dept

Not long ago Paul Krugman wrote: To a first approximation, in other words, the effect of current fiscal policy — whether stimulus or austerity — an [on?] the actions…

East Africa's Rapid Rise to the Top of the Energy World

East Africa's Rapid Rise to the Top of the Energy World

Mar 16, 2012 at 19:06 | Brian Westenhaus

Soon America won’t be alone with a glut of natural gas. Statoil, the Norwegian oil company, made big oil industry news late last month announcing it had found huge volumes…

Israel to Destroy

Israel to Destroy "illegal" Solar Panels in Palestinian Villages

Mar 16, 2012 at 18:55 | Editorial Dept

The Israeli Occupation authorities are planning to demolish renewable energy installations in Palestinian villages in the Occupied West Bank. The projects were installed by an Israeli NGO, ME Comet, and…

India Could Become the First Large Casualty of the US Sanctions on Iran

India Could Become the First Large Casualty of the US Sanctions on Iran

Mar 15, 2012 at 17:52 | Charles Kennedy

In an attempt to force economic pressure on Iran due to the conflict over its nuclear regime, the US has imposed sanctions demanding that countries significantly reduce trade of Iranian…

Chile Power Companies Trash Renewable Energy

Chile Power Companies Trash Renewable Energy

Mar 15, 2012 at 17:51 | John Daly

Okay. Imagine your country has 2,653 miles of southern Pacific coastline, but only averages 110 miles east to west. And your Atacama desert, one of the hottest places on earth,…

Asian Supergrid to Connect Japan, China, Russia, Korea, and Mongolia

Asian Supergrid to Connect Japan, China, Russia, Korea, and Mongolia

Mar 15, 2012 at 17:47 | James Burgess

The Desertec Foundation has entered into a memorandum of understanding with the Japan Renewable Energy Foundation (JREF) to plan, promote, and implement an Asian supergrid which will be vital for…

US Economists Unite to Ask Obama to Support EU Carbon Scheme for Airlines

US Economists Unite to Ask Obama to Support EU Carbon Scheme for Airlines

Mar 15, 2012 at 17:45 | Joao Peixe

The European Union has plans to introduce legislation that will limit the amount of carbon emissions that airlines can emit. The new laws will force airlines to change the…

Lithium-Ion Battery Sales Expected to Increase by More than 700% by 2017

Lithium-Ion Battery Sales Expected to Increase by More than 700% by 2017

Mar 15, 2012 at 14:33 | Charles Kennedy

Many hope that electric vehicles (EVs) and plug in hybrid electric vehicles (PHEVs) will grow in popularity to overtake petrol and diesel cars, and help reduce our reliance on oil,…


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