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Tech Leaders Big Big On Green Energy Startups

Tech Leaders Big Big On Green Energy Startups

Sam Altman and Andreessen Horowitz…

Weak Diesel Prices Reflect Global Economic Slowdown

Weak Diesel Prices Reflect Global Economic Slowdown

Diesel fuel production has ramped…

Big Oil’s Carbon Capture Conundrum

Big Oil’s Carbon Capture Conundrum

Energy experts and environmentalists express…

News

The Fiscal Deal: It's not all Bad

The Fiscal Deal: It's not all Bad

Jan 03, 2013 at 16:00 | Editorial Dept

Since most people are complaining about the fiscal agreement, I'll point out a few positives ... first, remember the "fiscal cliff" was about too much austerity too quickly. The "fiscal…

U.S. Wind Industry Rejoices as Tax Credit Scheme is Extended for One Year

U.S. Wind Industry Rejoices as Tax Credit Scheme is Extended for One Year

Jan 02, 2013 at 16:39 | Charles Kennedy

At the last hour, well technically after it, the wind power production tax credit in the US was extended for another year. Late last night President Obama signed the new…

Fracking Activities Enter Urban Areas

Fracking Activities Enter Urban Areas

Jan 02, 2013 at 16:38 | James Burgess

Fracking in many ways has been the saviour of the US. It has created a boom in natural gas production, and also allowed oil production to increase massively. As a…

New Reality TV Show Based on the Oil Industry

New Reality TV Show Based on the Oil Industry

Jan 02, 2013 at 16:37 | Joao Peixe

Reality television has arrived at the oil industry. Matt Stroud, a development producer for CrashHat Entertainment, has moved from California to Texas in his search for participants in his new…

Global Markets Rally as US Announces Deal to Avoid Fiscal Cliff

Global Markets Rally as US Announces Deal to Avoid Fiscal Cliff

Jan 02, 2013 at 16:36 | Joao Peixe

The New Year has passed and with it the fiscal cliff, and miraculously, despite all of the fear mongering and warnings of economic doom, the US is still standing.

Gold Experiences its Longest Growth Streak Since 1920

Gold Experiences its Longest Growth Streak Since 1920

Jan 02, 2013 at 16:35 | Editorial Dept

Bloomberg reports that Gold Extends Longest Streak Since 1920 on Central-Bank Stimulus.Gold rose, capping the longest annual gain since at least 1920, on renewed concern that central banks…

Shells Arctic Nightmare Continues as Tow Lines Snap on Drill Rig

Shells Arctic Nightmare Continues as Tow Lines Snap on Drill Rig

Dec 31, 2012 at 15:02 | Joao Peixe

Shells attempts to explore for oil in the Arctic has been hit by delays and problems since the start, and even after the drilling season has finished things refuse to…

Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?

Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?

Dec 31, 2012 at 15:01 | James Burgess

A cargo train filled with biofuels crossed the border between the US and Canada 24 times between the 15th of June and the 28th of June 2010; not once did…

US Steel Industry Set to Grow on the Back of the Shale Boom

US Steel Industry Set to Grow on the Back of the Shale Boom

Dec 31, 2012 at 14:59 | Charles Kennedy

Hydraulic fracturing of shale rock across the US has led to a huge boom in natural gas production and a subsequent surplus in supply over demand. This has led gas…

South Korea Restarts Nuclear Reactor to Avoid Blackouts During Winter

South Korea Restarts Nuclear Reactor to Avoid Blackouts During Winter

Dec 31, 2012 at 14:59 | Joao Peixe

Stuck in the middle of a colder than normal winter the South Korean government has been campaigning nationwide to urge its people to save energy wherever possible and prevent blackouts.

Spain Achieves Grid Parity for Solar Power

Spain Achieves Grid Parity for Solar Power

Dec 29, 2012 at 15:44 | Joao Peixe

Just five years ago subsidised prices of solar power in Spain were around nine times more than those of fossil fuels; but in 2007-2008 Spain installed a large capacity of…

European-Algerian Natural Gas Pipeline Deal is Delayed Again

European-Algerian Natural Gas Pipeline Deal is Delayed Again

Dec 29, 2012 at 15:43 | Charles Kennedy

In an effort to reduce reliance on natural gas reserves from Russia and the high prices charged by Gazprom, Europe has been looking to invest in alternative pipeline projects to…

Iran Announces 6 Days of Naval Exercises

Iran Announces 6 Days of Naval Exercises

Dec 28, 2012 at 18:06 | James Burgess

It has been over a year now that Iran has been in conflict with western powers over its nuclear regime. The west believe that Iran is researching and developing the…

Largest Solar Power Company in the US Set to Grow

Largest Solar Power Company in the US Set to Grow

Dec 28, 2012 at 18:05 | Joao Peixe

NextEra Energy Resources is the self-proclaimed largest solar power company in the US, with more than 320MW of solar capacity. It has plans to cement this boastful claim with the…

European Companies Move to the US to Avoid High Energy Prices

European Companies Move to the US to Avoid High Energy Prices

Dec 27, 2012 at 18:10 | Charles Kennedy

European industry officials and domestic consumers alike are upset with the high energy costs across the continent, even causing some to question the clean energy initiatives. Over the past few…

Chevron Makes Two More Natural Gas Discoveries in Australia

Chevron Makes Two More Natural Gas Discoveries in Australia

Dec 27, 2012 at 18:09 | Joao Peixe

Chevron, like many international oil and gas companies, plans to develop Australia’s vast natural gas resources in order to export LNG to the growing market in Asia.Since mid-2009…

New Research Shows West Antarctica Warms Twice as Fast as Thought

New Research Shows West Antarctica Warms Twice as Fast as Thought

Dec 27, 2012 at 18:06 | James Burgess

Since the last official report released by the IPCC back in 2007, global sea level rises have already exceeded the predicted figures to be reached by the end of the…

Global Warming Causes Volcanic Eruptions

Global Warming Causes Volcanic Eruptions

Dec 27, 2012 at 18:05 | Joao Peixe

Volcanic eruptions can affect the climate. Huge eruptions release millions of tons of sulphur dioxide into the air which then remains in the atmosphere for a few years, reflecting sunlight…

Iran's ever more Creative Ways of Avoiding Western Sanctions

Iran's ever more Creative Ways of Avoiding Western Sanctions

Dec 21, 2012 at 17:08 | James Burgess

As time passes Iran is becoming increasingly creative in its methods of avoiding Western sanctions and this creativity has enabled it to keep its revenues from exported petroleum products at…

Ancient Amazonian Caves at Risk from Mine's Expansion Plans

Ancient Amazonian Caves at Risk from Mine's Expansion Plans

Dec 21, 2012 at 17:05 | Joao Peixe

Deep in the Brazilian Amazon there are a series of caves which archaeologists believe were inhabited by the some of the first people to live in the jungle, over 8,000…

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