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Canada Rocked By Anti-Pipeline Protests

Canada Rocked By Anti-Pipeline Protests

Protests against Canada’s new Coastal…

What Will Oil Prices Do After The Coronavirus?

What Will Oil Prices Do After The Coronavirus?

The coronavirus outbreak in China…

News

Paul Krugman: China's Economic Growth May Kill Us All

Paul Krugman: China's Economic Growth May Kill Us All

Dec 18, 2012 at 16:44 | Joao Peixe

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 Looks to Tornadoes as a Source of Renewable Energy

Peter Thiel Looks to Tornadoes as a Source of Renewable Energy

Dec 18, 2012 at 16:43 | James Burgess

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…

Plans Submitted for World's Largest Offshore Wind Farm

Plans Submitted for World's Largest Offshore Wind Farm

Dec 18, 2012 at 16:42 | Charles Kennedy

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…

Cardboard Bike to Provide Cheap Transport to Millions

Cardboard Bike to Provide Cheap Transport to Millions

Dec 18, 2012 at 16:41 | Joao Peixe

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…

The US to Test its First Ever Floating Wind Turbine

The US to Test its First Ever Floating Wind Turbine

Dec 17, 2012 at 16:59 | Joao Peixe

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…

Iran Announces More Naval Exercises in the Straits of Hormuz

Iran Announces More Naval Exercises in the Straits of Hormuz

Dec 17, 2012 at 16:57 | James Burgess

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…

Chevron Pays Utah $$1.8 Million in Settlement over Fraud Case

Chevron Pays Utah $$1.8 Million in Settlement over Fraud Case

Dec 17, 2012 at 16:56 | Joao Peixe

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…

Turkish and Cypriot Relations Sour Due to New Gas Field

Turkish and Cypriot Relations Sour Due to New Gas Field

Dec 17, 2012 at 16:54 | Charles Kennedy

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…

Is Oil Still Leaking from the Macondo Well? BP Won’t Release Any Information

Is Oil Still Leaking from the Macondo Well? BP Won’t Release Any Information

Dec 14, 2012 at 16:17 | James Burgess

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…

Investors Avoid CNOOC After $15.1 Billion Takeover of Nexen

Investors Avoid CNOOC After $15.1 Billion Takeover of Nexen

Dec 14, 2012 at 16:16 | Charles Kennedy

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…

  
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