Central Asia is emerging as…
Apache, Marathon Oil Corp. and…
Suriname's oil boom hopes are…
The Koch brothers, Charles and David, are the billionaire owners of Koch Industries, and two of the most obstinate climate change deniers out there.It actually turns out that…
After months of deliberation Canada’s Prime Minister, Stephen Harper, has approved CNOOC’s $15.1 billion takeover of Nexen Inc.The deal will be largest stake in a foreign company that…
A huge increase in shale oil production from the Permian basin in Western Texas, coupled with a lack of pipelines in the area, has led to a bottleneck of crude…
Last week the Chancellor of the Exchequer George Osborne announced that the UK government would off tax breaks to fracking firms and set up a new regulator just for the…
Chevron Corp. (NYSE:CVX) announced yesterday that it has set an energy exploration and investment budget of $36.7 billion for 2013; about 12% more than this year’s budget.About 90%…
A new analytical study by Wood Mackenzie has predicted that capital expenditure in the Eagle Ford shale formation in 2013 will reach $28 billion. That will be equal to a…
The military is very interested in developing solar cells that can be created from flexible materials and therefore be woven into uniforms to provide individual soldiers with power stations for…
Upon his arrival in Doha for the UN climate talks the UK Energy Secretary Ed Davey said that, “climate change is a global threat and with every passing year, the…
Russia's Gazprom says construction will begin this week on the underwater section of its South Stream pipeline, which will carry natural gas beneath the Black Sea and into the European…
Have our wishes been answered? Scientists have found an oil field which contains 200 times more hydrocarbons than there is water on the whole of the Earth.Time to…
In 1999 Bertrand Piccard became the first person to travel around the world nonstop in a balloon. The trip used a huge quantity of fuel and resources and left Piccard…
Tensions seem to be escalating between Baghdad and Irbil, as Kurdistan rolls out its Soviet-built tanks and positions them along its undefined southern border, all aimed at the unseen Iraqi…
A recent study carried out by NERA Economic Consulting on behalf of the US Energy Department has found that the economic benefits of exporting its cheap and abundant natural…
Environmentalists are united in the common belief that the world must phase out fossil fuels and develop the majority of its energy from renewable sources.Unfortunately renewable energy is…
The Deepwater Horizon oil spill is widely considered one of, if not the, worst environmental disasters in history. Around 4.9 million barrels of oil leaked into the Gulf of Mexico,…
Military research teams are working with General Electric, and other companies, to develop a new class of engine which will be able to efficiently burn hydrogen or fossil fuels to…
Hot work refers to all activities that can be performed on oil rigs which create heat and could therefore potentially ignite flammable materials and cause explosions; grinding, welding, cutting, etc.
Abu Dhabi’s state owned energy company, the Abu Dhabi National Energy Co. (TAQA), has announced that it will be holding a two part bond sale in order to raise $2…
The world’s largest publically traded copper producer, Freeport-McMoRan Copper & Gold Inc., has announced a $9 billion agreement to buy the oil company Plains Exploration & Production Co., and McMoRan…
British Airways has just agreed to the world’s largest, advanced biofuel commitment made by any airline. In its drive to reduce its carbon emissions it has pledged to buy over…