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Trafigura: EVs, AI And Clean Energy to Massively Boost Copper Demand

Trafigura: EVs, AI And Clean Energy to Massively Boost Copper Demand

The electric vehicle, Artificial Intelligence,…

Global Climate Goals Still Unreachable Despite Record Renewable Growth

Global Climate Goals Still Unreachable Despite Record Renewable Growth

Renewable energy installations reached record…

News

Pirates Commandeer Another Oil Tanker Near the Niger Delta

Pirates Commandeer Another Oil Tanker Near the Niger Delta

Oct 17, 2012 at 17:25 | James Burgess

The Niger Delta is the heart of Africa’s oil industry, yet the Gulf of Guinea, the area in which the delta is situated, is a hot spot for piracy. Only…

Colombia Holds Auction for Oil Blocks

Colombia Holds Auction for Oil Blocks

Oct 17, 2012 at 17:24 | James Burgess

Today in Oslo, Norway, the Colombian government is beginning peace talks with the Revolutionary Armed Forces of Colombia, the nation’s largest rebel guerrilla group, hoping to negotiate an end to…

DOD Wants Military Cyber-Shock Troops to Battle Hackers

DOD Wants Military Cyber-Shock Troops to Battle Hackers

Oct 16, 2012 at 17:12 | Charles Kennedy

Leon Panetta, the US Secretary of Defence, recently made the strong declaration that the US is at risk of a “cyber Pearl Harbour”. He claims that the vast increase in…

Doubling the Efficiency of Solar Cells by Using Nanowires

Doubling the Efficiency of Solar Cells by Using Nanowires

Oct 16, 2012 at 17:11 | James Burgess

Bandgap Engineering, a startup from Woburn, Massachusetts, hopes that its method of using nanowires to create solar cells will enable it to eventually double the amount of power generated.

EU Ministers Tighten Sanctions on Iran

EU Ministers Tighten Sanctions on Iran

Oct 16, 2012 at 17:10 | James Burgess

Having made little progress in talks with Iran over its nuclear program, the EU has decided to increase pressure on Tehran by tightening sanctions. Yesterday in Luxembourg, EU…

BioPower Systems Announce Strategic Partnership with Shanghai Electric

BioPower Systems Announce Strategic Partnership with Shanghai Electric

Oct 16, 2012 at 17:09 | Joao Peixe

BioPower Systems has just announced that it will form a business alliance with the large Chinese industrial organisation, Shanghai Electric Power Generation Group.After six years of research and…

New Study Shows that Global Warming Stopped 16 Years Ago

New Study Shows that Global Warming Stopped 16 Years Ago

Oct 15, 2012 at 17:23 | Charles Kennedy

Figures that have recently been released by Hadcrut 4, the collaboration between the Met Office’s Hadley Research Centre and the Climatic Research Unit, describing the changes in global temperature. The…

Solyndra File $1.5 Billion Case Against Three Chinese Solar Companies

Solyndra File $1.5 Billion Case Against Three Chinese Solar Companies

Oct 15, 2012 at 17:19 | James Burgess

Solyndra, the bane of Obama’s clean energy loan scheme, received $535 million in government support before it had to file for bankruptcy back in 2011.It has now come…

Iran will Stop Enrichment Program in Exchange for Uranium Fuel Supply

Iran will Stop Enrichment Program in Exchange for Uranium Fuel Supply

Oct 15, 2012 at 17:18 | James Burgess

In an attempt to show flexibility in the talks over its nuclear enrichment program, which have made little progress since April and have led to the West imposing harsher sanctions…

Saudi Aramco to Spend $35 Billion on Increasing Oil Production Capacity by 2017

Saudi Aramco to Spend $35 Billion on Increasing Oil Production Capacity by 2017

Oct 15, 2012 at 17:17 | Joao Peixe

Khalid al-Falih, the head of the world’s biggest oil producer, Saudi Aramco, has given a speech at Oxford University in which he mentioned that his company will invest $35 billion…

Shamoon Virus that Attacked Saudi Aramco is the Most Dangerous to Date

Shamoon Virus that Attacked Saudi Aramco is the Most Dangerous to Date

Oct 12, 2012 at 17:31 | Charles Kennedy

In an attempt to attract investment and support for his plan to upgrade and improve the cyber defences of the US, Defense Secretary Leon Panetta addressed business leaders in New…

Oman Announces Plans to Build World's Largest Oil Storage Facility

Oman Announces Plans to Build World's Largest Oil Storage Facility

Oct 12, 2012 at 17:30 | Joao Peixe

Iran has threatened to close the Straits of Hormuz on more than one occasion in response to the sanctions being imposed upon its economy by the US and EU. Over…

IEA Say that Oil Price May Fall to $89 a Barrel in Next Five Years

IEA Say that Oil Price May Fall to $89 a Barrel in Next Five Years

Oct 12, 2012 at 17:28 | Joao Peixe

The International Energy Agency (IEA) has predicted that oil prices could fall over the next five years as a result of the slow global economy and low demand in comparison…

Punishment for Dealing with Kurds: Baghdad to Replace Exxon with Russians

Punishment for Dealing with Kurds: Baghdad to Replace Exxon with Russians

Oct 11, 2012 at 17:32 | James Burgess

Baghdad has been angry with certain international oil companies, namely ExxonMobil, Total, and Chevron, for their dealings with Kurdistan. The oil companies have signed oil deals in the northern region…

Nigerian Villagers Take Shell to Court over Pollution of Niger Delta

Nigerian Villagers Take Shell to Court over Pollution of Niger Delta

Oct 11, 2012 at 17:29 | Joao Peixe

In a landmark case which could open up the doors to allow more poor communities to file compensation claims against international oil companies, on Thursday four Nigerian villagers took Royal Dutch…

Syrian Airbus Grounded by F-16 Fighters in Turkey after Pilot Ignored Warnings

Syrian Airbus Grounded by F-16 Fighters in Turkey after Pilot Ignored Warnings

Oct 11, 2012 at 17:27 | Joao Peixe

After ignoring warnings not to enter Turkish airspace, an Airbus A320 operated by Syrian Arab Airlines was grounded by Turkish F-16 fighter jets on its way from Moscow to Damascus…

Crown Estate Predict the UK has 153GW if Tidal Power Potential

Crown Estate Predict the UK has 153GW if Tidal Power Potential

Oct 11, 2012 at 17:24 | Charles Kennedy

The Crown Estate recently released the findings of a report that it had undertaken into the potential capacity of marine energy that is available in the UK. The findings estimate…

US Trade Deficit Increases by $44.2 Billion in August

US Trade Deficit Increases by $44.2 Billion in August

Oct 11, 2012 at 17:21 | Editorial Dept

The Department of Commerce reported: Total August exports of $181.3 billion and imports of $225.5 billion resulted in a goods and services deficit of $44.2 billion, up from…

Chevron Loses Supreme Court Appeal Against $18.2 Billion Ecuador Case

Chevron Loses Supreme Court Appeal Against $18.2 Billion Ecuador Case

Oct 10, 2012 at 17:17 | Charles Kennedy

Chevron Corp has just lost yet another court case in its attempt to appeal the $18.2 billion judgement it must pay to residents of the Lago Agrio region in Ecuador.…

US Train Companies Consider Natural Gas over Diesel

US Train Companies Consider Natural Gas over Diesel

Oct 10, 2012 at 17:13 | James Burgess

For the past two weeks train industry executives from around the US have been holding private meetings to discuss the potential of using natural gas to power the trains, rather…

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