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News

A Look at 10 Indian Solar Projects which will Prevent Future Blackouts

A Look at 10 Indian Solar Projects which will Prevent Future Blackouts

Aug 20, 2012 at 10:17 | Joao Peixe

Following the recent blackouts in India that have caused so much stir due to the vast number of people that they affected, it is clearer than ever that the country…

Chevron Appeals Injunction Preventing it from Operating in Brazilian Waters

Chevron Appeals Injunction Preventing it from Operating in Brazilian Waters

Aug 17, 2012 at 17:12 | Charles Kennedy

Following an oil spill last November, and then another leak in March, Chevron and its drilling contractor Transocean Ltd., were ordered to halt all operations in Brazil until civil and…

New Offshore Drilling Rules have been Released

New Offshore Drilling Rules have been Released

Aug 17, 2012 at 17:11 | Joao Peixe

President Obama has released the official rules for offshore drilling safety which will now replace the interim rules introduced following the 2010 Gulf of Mexico Disaster. The rules…

International Funds Bid for UK's Largest Water Company

International Funds Bid for UK's Largest Water Company

Aug 17, 2012 at 17:10 | Joao Peixe

Shares in United Utilities, the UK’s largest publicly listed water company, have reached a four year high following the speculation that it will soon be subject of a takeover bid.

Middle East to Spend $32.7 Billion on New Energy Projects this Year

Middle East to Spend $32.7 Billion on New Energy Projects this Year

Aug 16, 2012 at 16:45 | Charles Kennedy

Ventures Middle East, a strategic business advisory company, has recently performed a study of the Middle East and concluded that in 2012 97 new power and water projects worth $32.7…

Saudi Aramco the Latest Victim of a Cyber-Attack

Saudi Aramco the Latest Victim of a Cyber-Attack

Aug 16, 2012 at 16:44 | Joao Peixe

Cyber-attacks are becoming more and more common as of late. Saudi Aramco, the world’s largest oil exporter, has released a statement explaining that a virus attacked its computer systems yesterday.…

Bill Gates Presents Prize to Caltech for its Solar-Powered Toilet

Bill Gates Presents Prize to Caltech for its Solar-Powered Toilet

Aug 16, 2012 at 16:43 | James Burgess

According to Bill Gates nearly 2.6 billion people, 40 percent of the world`s population, do not have access to clean sanitation. This results in the deaths of approximately 1.5 million…

Court Orders a Halt on Construction of Brazil's 11 GW Hydroelectric Dam

Court Orders a Halt on Construction of Brazil's 11 GW Hydroelectric Dam

Aug 16, 2012 at 16:42 | James Burgess

Celebrations abound for the environmentalists and indigenous tribes opposing Brazil’s Belo Monte dam after a federal appeals court ordered construction of the giant hydroelectric project to be suspended until local…

UAE Signs $3 Billion Contracts to Secure Nuclear Supplies

UAE Signs $3 Billion Contracts to Secure Nuclear Supplies

Aug 15, 2012 at 17:20 | James Burgess

In order to supply its new nuclear reactors, the UAE’s Emirates Nuclear Energy Corporation (ENEC), has awarded a group of six international companies to provide the nuclear fuel requirements to…

Greenpeace Warns that China's Coal Expansion will Lead to a Water Crisis

Greenpeace Warns that China's Coal Expansion will Lead to a Water Crisis

Aug 15, 2012 at 17:19 | Charles Kennedy

As part of plans to overhaul its electricity generation network, China will build 16 large coal fired power plants in its arid northern and western provinces, including Inner Mongolia, Shanxi,…

Gulf States Use New Ray Gun in Battle Against Pirates

Gulf States Use New Ray Gun in Battle Against Pirates

Aug 15, 2012 at 17:18 | James Burgess

Gulf states are planning to use ray guns to protect their oil and gas infrastructure and also dissuade pirate attacks.Raytheon, the largest manufacturer of missiles in…

As Cities Start Going Bankrupt Investors get out of Municipal Bonds

As Cities Start Going Bankrupt Investors get out of Municipal Bonds

Aug 15, 2012 at 17:16 | Editorial Dept

Meredith Whitney was an obscure Oppenheimer & Co. bank analyst back in 2008 when she broke from the pack and predicted Armageddon. She was right, the pack was wrong, and…

Chevron Refinery May Close for Six Months Following Fire

Chevron Refinery May Close for Six Months Following Fire

Aug 14, 2012 at 17:11 | Charles Kennedy

Investigators have checked over the site of the fire at Chevron’s refinery at Richmond and have compiled their preliminary report. They have found extensive damage to the cooling towers, pipe…

Dong Energy Buys Three Offshore Wind Farm Projects

Dong Energy Buys Three Offshore Wind Farm Projects

Aug 14, 2012 at 17:10 | Charles Kennedy

Dong Energy has taken another step to achieve its objective of becoming the leading energy utility in the German offshore wind sector, by purchasing three major offshore wind projects in…

AWEA Announces that the US has Over 50 GW of Installed Wind Capacity

AWEA Announces that the US has Over 50 GW of Installed Wind Capacity

Aug 14, 2012 at 17:09 | Joao Peixe

The American Wind Energy Association (AWEA) announced at the annual National Clean Energy Summit that the US now has more than 50GW of installed wind capacity. That is enough to…

The US May Already be in Recession

The US May Already be in Recession

Aug 14, 2012 at 17:09 | Editorial Dept

In a Daily Ticker Interview with Henry Blodget, economist Gary Shilling makes the case the US is already in recession."We've had three consecutive months of declines in retail…

US Navy Ship Collides with Bulk Oil Tanker in the Persian Gulf

US Navy Ship Collides with Bulk Oil Tanker in the Persian Gulf

Aug 13, 2012 at 16:46 | James Burgess

The US Navy has reported that at 1.00am local time, one of their guided missile destroyers collided with an oil tanker near the Straits of Hormuz.The Navy stated…

New Ethanol Production Process Claims to Increase Recoverable Energy by 2000%

New Ethanol Production Process Claims to Increase Recoverable Energy by 2000%

Aug 13, 2012 at 16:45 | Joao Peixe

With all the focus on electric vehicles it can be easy to forget the billions that the government pours into biofuels, and especially corn based ethanol production. Most people prefer…

Smart Glass can Vastly Increase a Building's  Energy Efficiency

Smart Glass can Vastly Increase a Building's Energy Efficiency

Aug 13, 2012 at 16:44 | Joao Peixe

Building efficiency is becoming more and more popular and important for reducing waste energy and therefore carbon emissions. One of the most important and effective ways of increasing building efficiency…

German Bank to Invest €100 billion in Renewable Energy Over Next 5 Years

German Bank to Invest €100 billion in Renewable Energy Over Next 5 Years

Aug 10, 2012 at 17:39 | Charles Kennedy

Germany’s government run, national infrastructure bank KfW Bankengruppe has just announced that it will increase its investment in renewable energy and energy efficiency projects to €100 billion over the next…

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