The unfolding situation poses a…
Russia continues its assault on…
China is raising from Wednesday…
The operator of the world famous New York Stock Exchange (NYSE), NYSE Euronext, has today agreed to be sold to IntercontinentalExchange (ICE) in an $8.2 billion deal.ICE, which…
With his new film ‘Promised Land’, Matt Damon is enetering the fracking debate, and fracking companies are worried that his celebrity status could help to influence many people, turning them…
Miguel Galuccio, the president of YPF, and Ali Moshiri, Chevron’s Latin America and Africa chief have just signed a letter of intent to begin work on the development of a…
As the holiday season beckons the Carbon Trust, the carbon management and reduction company, is urging businesses to reduce their energy consumption by turning off all unnecessary appliances. According to…
Seven years ago George W. Bush declared that, “America is addicted to oil, much of which is imported from unstable parts of the world.”That statement is certainly not…
It has been nine years since US-led forces toppled Saddam Hussein’s dictatorship in Iraq and yet due to various deep-routed problems few have capitalised on plan’s to revive the nation’s…
The IEA (International Energy Agency), has just released its Medium Term Coal Market report in which it has predicted that coal will grow to rival oil as the world’s largest…
There has been much talk about giant offshore wind farms lately, such as the completion of the London Array; now it is time to look at a giant onshore…
Demand for natural gas in Europe has fallen this year as the economic downturn has forced consumers to cut back on expenditures. This desire to reduce expenses has led many…
Paul Krugman, the Nobel Prize winning economist and New York Times columnist, believes that China is a great example of human success. The speed and power of its economic growth,…
Peter Thiel’s philanthropic organisation, the Thiel Foundation, operates a special grant-making body known as Breakout Labs, which invests in early-stage science ventures that are too experimental, or currently unprofitable, to…
Just shortly after the world’s largest offshore wind farm, the London Array, has been completed off the coast of the UK, plans for yet another giant offshore wind farm have…
Izhar Gafni, an Israeli engineer had a dream to create a vehicle that could provide cheap, fuel efficient transport to millions of people around the world. His search led him…
In the quest to harness the vast wind energy potential off the coast of Maine the first ever floating wind turbine in the USA is being tested by engineers at…
Earlier in the year the Commander of the Iranian Army’s Ground Forces, Brigadier General Ahmad Reza Pourdastan, stated that they would carry out eight military drills throughout the course of…
Back in 1989, legislature was passed in the state of Utah which created the Petroleum Storage Tank Fund. The idea was that small gas station owners would pay into the…
The Aphrodite natural gas field was discovered last year in deep waters just of the southwest coast of Cyprus, about 20 miles west of the Leviathan field discovered in Israeli…
Back in 2010, an explosion at the deepwater horizon oil rig killed 11 workers and resulted in around 206 million gallons of crude oil leaking into the Gulf of Mexico…
CNOOC’S $15.1 billion takeover of Nexen Inc. (NYSE:NXY) the largest foreign acquisition made by any Chinese firm in history, has caused its share prices to fall and investors to back…
Pemex, the state-owned Mexican oil company, has sued Siemens SG (NYSE:SI) and the South Korean Engineering & Construction Co. Ltd. for $500 million over claims of racketeering violations.Allegations…