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Oil Demand Destruction: A Trade War Reality

Oil Demand Destruction: A Trade War Reality

The demand-side shock of the…

The Challengers To China’s Rare Earth Monopoly

The Challengers To China’s Rare Earth Monopoly

Rare earth metals have been…

The World's Largest IPO Is Ready To Go

The World's Largest IPO Is Ready To Go

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News

US Pleas for Asia to Cut Iranian Oil Imports Fall on Deaf Ears

US Pleas for Asia to Cut Iranian Oil Imports Fall on Deaf Ears

Feb 17, 2012 at 12:52 | Charles Kennedy

Last year China, India, Japan, and South Korea accounted for 60 percent of Iran’s total oil exports, providing the country with $100 billion of revenue. As the EU oil sanctions…

Bill Gates and Richard Branson Back Geoengineering to Counter Climate Change

Bill Gates and Richard Branson Back Geoengineering to Counter Climate Change

Feb 16, 2012 at 14:02 | James Burgess

Climate change is real. Few doubt that now. Governments try to impose, rather weak, legislation to combat climate change such as imposing reductions in carbon emissions, but in truth nothing…

Eni Announce Another Huge Gas Discovery off the Coast of Mozambique

Eni Announce Another Huge Gas Discovery off the Coast of Mozambique

Feb 16, 2012 at 14:00 | Charles Kennedy

Eni SpA, Italy’s largest oil company, owns 70% of Mozambique’s offshore Area 4, a large area off the East coast of Africa where last year they discovered a huge natural…

Iran Choose to Cut Oil Exports to the EU Before Sanctions Take Effect

Iran Choose to Cut Oil Exports to the EU Before Sanctions Take Effect

Feb 16, 2012 at 10:20 | Joao Peixe

Last year Europe imported nearly 600,000 barrels of Iranian crude per day, accounting for 24% of Iran’s total oil exports. The majority of this crude was bought by Greece, Italy,…

STX Group Hope to Profit from the West's Largest Oil Discovery in Three Decades

STX Group Hope to Profit from the West's Largest Oil Discovery in Three Decades

Feb 16, 2012 at 10:18 | James Burgess

South Korea’s STX Group is looking to sell its 51% stake in STX OSV, the world’s biggest producer of oil-rig support vessels, in an attempt to raise capital to repay…

Blame to Spare on Tar Sands Debate

Blame to Spare on Tar Sands Debate

Feb 15, 2012 at 15:47 | Daniel J. Graeber

Environmental groups in Maine have decided that tar sands oil from western Canada wasn't their cup of tea even though the pipeline company behind the scenes said it really wasn't…

Lack of Power Lines Prevents New Offshore Wind Farms in Germany

Lack of Power Lines Prevents New Offshore Wind Farms in Germany

Feb 15, 2012 at 10:53 | James Burgess

The German government plans to increase the share of its energy produced from renewable sources from the current level of 20 percent to 35 percent by 2020. A large portion…

Dominican Republic Turns to Gazprom for Help on Energy Strategy

Dominican Republic Turns to Gazprom for Help on Energy Strategy

Feb 15, 2012 at 10:51 | Charles Kennedy

Last week the Russian energy giant, Gazprom, sent a delegation to the Dominican Republic following an invitation to perform geological surveys and help in the development of electrical power projects.…

New Power Source Discovered for Nanotechnology

New Power Source Discovered for Nanotechnology

Feb 14, 2012 at 10:39 | Charles Kennedy

On a recent sabbatical, Associate Professor Dr. Kourosh Kalantar-zadeh, from the School of Electrical and Computer Engineering at RMIT University in Melbourne, travelled to Cambridge in order to work with…

Approval Granted for First U.S. Nuclear Power Plant Since 1978

Approval Granted for First U.S. Nuclear Power Plant Since 1978

Feb 14, 2012 at 10:38 | James Burgess

On Thursday the Nuclear Regulatory Commission approved the first nuclear power plant in the US since the Three Mile Island accident in Pennsylvania back in 1979. The Southern Co. based…


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