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News

Geoengineering: Sprinkling Mineral Dust in Oceans to Combat Climate Change

Geoengineering: Sprinkling Mineral Dust in Oceans to Combat Climate Change

Jan 22, 2013 at 16:27 | James Burgess

Geoengineering is a technique that can be used to reverse the effects of climate change on a global scale; it is considered highly controversial as it may have unknown secondary…

UK Industrial Biotech Sector could be Worth £12 Billion by 2025

UK Industrial Biotech Sector could be Worth £12 Billion by 2025

Jan 22, 2013 at 16:26 | Joao Peixe

A new report written by Jonathon Porritt, one of the UK’s leading environmentalists, states that the industrial biotech (IB) industry in the UK could be worth £12 billion by 2025…

Ecuador's Radical Initiative to Save its Rainforest from Oil Companies

Ecuador's Radical Initiative to Save its Rainforest from Oil Companies

Jan 21, 2013 at 16:21 | James Burgess

The Yasuni national Park in Ecuador, where the foothills of the Andes meet the Amazon rainforest on the equator, is one of the most biologically diverse habitats in the world,…

How the Sun could Send the US Back to the Stone Age

How the Sun could Send the US Back to the Stone Age

Jan 21, 2013 at 16:20 | Charles Kennedy

The sun is the source of most energy on earth; yet whilst it provides us with energy, which is vital to our survival, it can also take energy away from…

Rio Tinto CEO Fired After Horrendous Blunder in Mozambique Deal

Rio Tinto CEO Fired After Horrendous Blunder in Mozambique Deal

Jan 21, 2013 at 16:18 | Joao Peixe

Back at the beginning of 2011 coal was in very high demand, especially from steelmakers who were struggling to find supplies on the market as heavy flooding at Australian mines…

Venezuela and the U.S. to Try and Improve Relationship

Venezuela and the U.S. to Try and Improve Relationship

Jan 21, 2013 at 16:17 | Joao Peixe

Relations between the US and Venezuela have been famously frosty during the term of President Hugo Chavez, yet it now seems that the two may be willing to try and…

How can we Predict the Next Recession?

How can we Predict the Next Recession?

Jan 21, 2013 at 16:15 | Editorial Dept

A few thoughts on the "next recession" ... Forecasters generally have a terrible record at predicting recessions. There are many reasons for this poor performance. In 1987, economist Victor Zarnowitz…

Will Oil Majors Pull out of Algeria after its Security Reputation is Shattered?

Will Oil Majors Pull out of Algeria after its Security Reputation is Shattered?

Jan 18, 2013 at 16:38 | Charles Kennedy

The hostage situation in Algeria’s In Amenas oil field could spell doom for the country’s oil and natural gas industry.Since the end of the civil war in the…

Which is More Efficient, Solar Powered EV or a Biofuel Powered Car?

Which is More Efficient, Solar Powered EV or a Biofuel Powered Car?

Jan 18, 2013 at 16:38 | James Burgess

In recent years the US has focussed on adding ethanol to its gasoline as it believes that it will help reduce dependence on foreign oil and reduce greenhouse gas emissions.…

Why China Must Develop its Huge Oil and Gas Reserves

Why China Must Develop its Huge Oil and Gas Reserves

Jan 18, 2013 at 16:35 | Joao Peixe

China is the world’s second largest oil importer and will soon become the largest, yet it has petroleum resources that match the US, meaning there is no reason why it…

Renewable Energy Accounts for 50% of all New Energy Installations in US

Renewable Energy Accounts for 50% of all New Energy Installations in US

Jan 18, 2013 at 16:34 | Joao Peixe

The Office of Energy Projects, part of the Federal Energy Regulatory Commission, has recently released a report which states that half of all new energy generation capacity installed in the…

BP: Shale Boom will Never Happen in the UK or Europe

BP: Shale Boom will Never Happen in the UK or Europe

Jan 17, 2013 at 16:42 | Joao Peixe

Some British ministers, especially Chancellor George Osborne, hope that fracking will enable the UK to experience a shale gas boom similar to the US, and completely change the energy market…

Japan to Build World's Largest Offshore Wind Farm off the Fukushima Coast

Japan to Build World's Largest Offshore Wind Farm off the Fukushima Coast

Jan 17, 2013 at 16:41 | Joao Peixe

In order to reduce its reliance on nuclear energy following the meltdown of three reactors back in 2011, Japan is attempting to increase its renewable energy capacity and has recently…

New Solar Cell Technology could Yield 50% Conversion Efficiency

New Solar Cell Technology could Yield 50% Conversion Efficiency

Jan 17, 2013 at 16:40 | Charles Kennedy

“At present, the world record triple-junction solar cell efficiency is 44 percent under concentration and it is generally accepted that a major technology breakthrough will be required for the efficiency…

US Army Completes World's Largest Low Concentration Solar Plant

US Army Completes World's Largest Low Concentration Solar Plant

Jan 17, 2013 at 16:39 | James Burgess

The US Army has just put its new White Sands Missile Range Solar Power System online, making it the largest low concentration solar power plant in the world. The plant…

Icahn to Pressure Transocean Board to Resume Dividend Payments

Icahn to Pressure Transocean Board to Resume Dividend Payments

Jan 16, 2013 at 16:33 | Charles Kennedy

Billionaire investor Carl Icahn has decided to take advantage of the fact that offshore drilling companies seem to be highly undervalued despite the strong demand for deepwater drill rigs. He…

Shell Close to Signing $10 Billion Shale Gas Deal with Ukraine

Shell Close to Signing $10 Billion Shale Gas Deal with Ukraine

Jan 16, 2013 at 16:32 | James Burgess

One of the final hurdles standing in the way of the $10 billion shale gas deal between Royal Dutch Shell (NYSE: RDS.A) and Ukraine was cleared on Wednesday when local…

Algerian Forces Surround Gas Facility after Terrorist Group Takes Hostages

Algerian Forces Surround Gas Facility after Terrorist Group Takes Hostages

Jan 16, 2013 at 16:31 | Joao Peixe

At 4.30am local time, armed men infiltrated a facility located in the Ain Amenas gas field in south-eastern Algeria, close to the border with Libya, and took the workers hostage,…

UK Expects UAE to Help with £200Bn Investment in Energy Sector Transformation

UK Expects UAE to Help with £200Bn Investment in Energy Sector Transformation

Jan 16, 2013 at 16:30 | Joao Peixe

Greg Barker, the UK’s minister of state for energy and climate change, has recently stated that the UAE will be a major investor in Britain’s £200 billion ($321 billion) renewable…

Chinese State Media Allowed to Report on Poor Air Quality for First Time

Chinese State Media Allowed to Report on Poor Air Quality for First Time

Jan 15, 2013 at 16:41 | Joao Peixe

China’s news media is tightly controlled by the government with some delicate topics such as Taiwan and Tibet completely prohibited, and most other negative news heavily restricted or forced to…

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