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Can Anything Stop Bitcoin’s Bull Run?

Can Anything Stop Bitcoin’s Bull Run?

Bitcoin surged past $63,000, driven…

Azerbaijan Eyes Increased Gas Exports to Europe With Support From U.S.

Azerbaijan Eyes Increased Gas Exports to Europe With Support From U.S.

Azerbaijan's Energy Minister secures cooperation…

News

UAE Bypass the Straits of Hormuz with New Oil Pipeline

UAE Bypass the Straits of Hormuz with New Oil Pipeline

Jun 22, 2012 at 17:12 | Charles Kennedy

According to the US Energy Information Administration an average of 17 million barrels a day passed through the Straits of Hormuz during 2011, about 35% of all oil traded by…

Norwegian Oil Workers Threaten to go on Strike if Negotiations Fail

Norwegian Oil Workers Threaten to go on Strike if Negotiations Fail

Jun 22, 2012 at 17:11 | Charles Kennedy

Oil trade unions in Norway, the world’s eighth largest oil exporter, have threatened to go on strike in the next few days if negotiations with the national energy firms do…

New Feed-In Tariffs will Create Huge Solar Boom in Japan

New Feed-In Tariffs will Create Huge Solar Boom in Japan

Jun 22, 2012 at 17:10 | Joao Peixe

After the nuclear meltdown at Tokyo Electric Power Co.’s Fukushima Dai-Ichi plant last year and the subsequent off-lining of their entire nuclear industry, Japan suddenly found itself with a huge…

Swedish Nuclear Industry on High Alert after Explosives Found on Truck

Swedish Nuclear Industry on High Alert after Explosives Found on Truck

Jun 21, 2012 at 16:32 | James Burgess

Sweden produces about 50 percent of its electricity from nuclear sources. It has ten reactors, four of which are based at eh Ringhals power plant, 45 miles south of the…

Chesapeake Replace McClendon with Ex-Conoco Chief as Chairman

Chesapeake Replace McClendon with Ex-Conoco Chief as Chairman

Jun 21, 2012 at 16:31 | Charles Kennedy

Aubrey McClendon is the co-founder, chief executive officer, and chairman of Chesapeake Energy Corp., the second largest natural gas producer in the US. However, since Reuters released a report back…

Which EU Countries are on Track to Achieve 2020 Renewable Energy Targets?

Which EU Countries are on Track to Achieve 2020 Renewable Energy Targets?

Jun 21, 2012 at 16:30 | Charles Kennedy

It has recently been reported that in 2010 renewable energy sources provided 12.4% of overall energy consumption within the European Union, up from 11.7% in 2009.Sweden sourced the…

Will Sinopec Save Chesapeake in its Quest for International Market Share?

Will Sinopec Save Chesapeake in its Quest for International Market Share?

Jun 21, 2012 at 16:15 | Joao Peixe

Chesapeake Energy, the second largest natural gas producer in the US is in trouble, and must sell billions of dollars worth of assets if it hopes to avoid defaulting on…

World's Richest Man, Carlos Slim, Invests in YPF

World's Richest Man, Carlos Slim, Invests in YPF

Jun 20, 2012 at 17:12 | James Burgess

Back in April President Cristina Fernandez de Kirchner’s government seized 51 percent of YPF, the largest oil producer in Argentina, from Repsol in an attempt to halt declining oil output…

Portugal Installs its First Floating Wind Turbine

Portugal Installs its First Floating Wind Turbine

Jun 20, 2012 at 17:11 | Charles Kennedy

Portugal has had its first offshore floating wind turbine installed, five kilometres off the coast of Agucadoura. The tower stands at 54 metres tall, weighs 1,200 metric tonnes, and adds…

Report Finds Fracking Causes Fewer Earthquakes than Conventional Extraction

Report Finds Fracking Causes Fewer Earthquakes than Conventional Extraction

Jun 19, 2012 at 17:03 | James Burgess

Hydraulic fracturing has its problems, and one of the most extreme of these is that it can cause earthquakes. A new study has once again found that fracking does indeed…

Xena Warrior Princess Arrested over Environmental Protests

Xena Warrior Princess Arrested over Environmental Protests

Jun 19, 2012 at 17:02 | Joao Peixe

In court last week Lucy Lawless, the actress most famous for her character Xena Warrior Princess, pleaded guilty to charges of illegally staying on a ship.  In February Lawless and…

Renewable Energy Supplied 88.8% of Brazil's Electricity in 2011

Renewable Energy Supplied 88.8% of Brazil's Electricity in 2011

Jun 19, 2012 at 17:01 | Charles Kennedy

Brazil’s Energy Research Company (EPE) has just recently released its National Energy Balance Report (BEN 2012) which provides detailed analysis of the Brazilian energy sector. The report found that 88.8%…

BP Start Drilling in Jordan's Risha Natural Gas Field

BP Start Drilling in Jordan's Risha Natural Gas Field

Jun 19, 2012 at 17:00 | Joao Peixe

In 2009 BP was given up to four years to explore and evaluate the Risha natural gas field in eastern Jordan, near the border with Iraq, which covers an area…

More Trust is Needed in the Government for Economic Stimulus to Work

More Trust is Needed in the Government for Economic Stimulus to Work

Jun 19, 2012 at 16:58 | Editorial Dept

From my latest NYT column, here is one excerpt:During the financial crisis, the prices of stocks, homes and other assets all fell, leaving the American public feeling less…

Shale Gas Boom will Create 2.4 Million Jobs by 2035

Shale Gas Boom will Create 2.4 Million Jobs by 2035

Jun 18, 2012 at 19:03 | Charles Kennedy

The research and analysis firm IHS Global Insight has released a new study looking into the unconventional gas sector, and predicts that the shale gas boom will create nearly 1.5…

Jury Give Verdict in Case of Baldwin v Costner

Jury Give Verdict in Case of Baldwin v Costner

Jun 18, 2012 at 19:02 | Joao Peixe

Two weeks ago I wrote a short piece on the court case between two of Hollywood’s actors; Kevin Costner and Stephen Baldwin. This week we have the verdict.

Exxon Signs Deal to Help Rosneft Develop Huge Bazhenov Shale Play in Siberia

Exxon Signs Deal to Help Rosneft Develop Huge Bazhenov Shale Play in Siberia

Jun 15, 2012 at 17:11 | Charles Kennedy

Vladimir Putin’s power in Russia is underpinned by oil boom that he has overseen. Unluckily for him the oil boom has passed and reserves are declining, threatening the production capacity…

Japan will Provide Insurance to Iranian Tankers when EU Sanctions Take Effect

Japan will Provide Insurance to Iranian Tankers when EU Sanctions Take Effect

Jun 15, 2012 at 17:09 | James Burgess

Part of EU sanctions intended to restrict Iranian oil import revenues in an attempt to exert economic pressure on the country over its controversial nuclear development program will see Iranian…

Shell to Invest $300 Million on LNG Refuelling Station Network

Shell to Invest $300 Million on LNG Refuelling Station Network

Jun 15, 2012 at 17:01 | Joao Peixe

In an attempt to entice owners of trucking fleets to invest in trucks that run on super chilled natural gas the oil major Royal Dutch Shell is set to invest…

The Importance of Seagrass in Removing Carbon from the Atmosphere

The Importance of Seagrass in Removing Carbon from the Atmosphere

Jun 15, 2012 at 16:59 | James Burgess

Humanity is currently in the middle of a war with an invisible enemy, CO2; and unfortunately CO2 is winning. According to the International Energy Agency (IEA) CO2 emissions hit a…

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