• 4 minutes Drone attacks cause fire at two Saudi Aramco facilities, blaze now under control
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  • 8 hours One of the fire satellite pictures showed what look like the fire hit outside the main oil complex. Like it hit storage or pipeline facility. Not big deal.
  • 3 hours USA : Attack came from 'Iranian soil'. Pompeo to release 'evidence'.
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News

Why Large Banks Shouldn't be Broken Up

Why Large Banks Shouldn't be Broken Up

Feb 14, 2012 at 09:35 | Editorial Dept

The logic of cutting down huge institutions could mean splitting the largest ones into several pieces. Yet banks do not always come in easily divisible parts. Such a move could…

Many Fear New Government Reforms will Destroy the UK Solar Industry

Many Fear New Government Reforms will Destroy the UK Solar Industry

Feb 13, 2012 at 10:23 | James Burgess

Young industries such as the renewable energy sectors rely heavily on government funding and incentives to help them achieve a level of competition with the well-established industries out there. The…

Crude Oil Analysis for the Week of February 13, 2012

Crude Oil Analysis for the Week of February 13, 2012

Feb 12, 2012 at 18:46 | FX Empire

The lack of follow-through to the downside led to a fast turnaround in April Crude Oil last week. Although the market closed higher for the week, it remained inside of…

IEA: Future Sanctions Already Severely Effect Iranian Oil Exports

IEA: Future Sanctions Already Severely Effect Iranian Oil Exports

Feb 12, 2012 at 16:37 | Joao Peixe

In the IEA’s monthly Oil Market Report they have said that the European and US trade sanctions designed to impede Iran’s nuclear program could affect far more than the 600,000…

Namibia Pursues Nuclear Energy Dreams With France's Areva

Namibia Pursues Nuclear Energy Dreams With France's Areva

Feb 11, 2012 at 13:57 | John Daly

Namibia, the fourth biggest uranium producer in the world, first floated the idea of acquiring a nuclear power plant of its own four years ago. Rio Tinto and Australian miner…

OPEC Predicts Global Oil Demand to Slow in 2012

OPEC Predicts Global Oil Demand to Slow in 2012

Feb 10, 2012 at 17:02 | Charles Kennedy

Due to various factors such as; the continuing economic crisis in Europe; the delicate situation in Iran and the uncertainty over its oil supplies; the economic worries currently being experienced…

Donald Trump has a Tantrum over Scotland's Offshore Wind Farms

Donald Trump has a Tantrum over Scotland's Offshore Wind Farms

Feb 10, 2012 at 15:26 | James Burgess

Donald Trump has once again verbally attacked Scotland; this time over its renewable energy plans to build offshore wind farms. He wrote an angry letter to first minister Alex Salmond…

Mongolia: The Resource Giant Ready to be Woken Up

Mongolia: The Resource Giant Ready to be Woken Up

Feb 10, 2012 at 13:52 | Stockhouse

Mongolia is a landlocked country in Eastern Asia, bordered by Russia to the north and China to the east, west and south. It is roughly the size of Alaska, but…

Las Vegas Going Green - Solar Farm to Power the City

Las Vegas Going Green - Solar Farm to Power the City

Feb 10, 2012 at 07:29 | Charles Kennedy

A new, two mile wide, 110 megawatt solar installation is being constructed in Nevada to power the lights of Las Vegas. SolarReserve have already completed the 540 foot high central…

World's Largest Offshore Wind Farm Opens Today in the UK

World's Largest Offshore Wind Farm Opens Today in the UK

Feb 09, 2012 at 16:06 | Joao Peixe

Today heralds the opening of the world’s largest offshore wind farm off the coast of Cumbria in the UK. The 367 megawatt wind farm, called Walney Farm, consists of 100…


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