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IEA Calling for an Extra $36 Trillion to be Invested in Clean Energy

IEA Calling for an Extra $36 Trillion to be Invested in Clean Energy

Jun 13, 2012 at 16:29 | Joao Peixe

In a new 700 page report by the International Energy Agency, Executive Director Maria van deer Hoeven has stated that governments and private investors must work much harder if they…

Seadrill Set for Record Profits as Gamble on Drill Ships Pays Off

Seadrill Set for Record Profits as Gamble on Drill Ships Pays Off

Jun 13, 2012 at 16:28 | Charles Kennedy

Seadrill Ltd is set to reap record profits after ordering more drill ships based on billionaire owner John Fredriksen’s belief that ever greater demand for crude oil will cause an…

Oil Prices Fall to 8 Month Low as Spanish Bailout Fails to Ease EU Debt Crisis

Oil Prices Fall to 8 Month Low as Spanish Bailout Fails to Ease EU Debt Crisis

Jun 12, 2012 at 16:59 | James Burgess

Following in the footsteps of Greece, Portugal, and Ireland, Spain has now become the fourth nation to approach the European Union and request a bailout, since the debt crisis began…

Japan Sign Long-Term LNG Supply Contract with Qatar

Japan Sign Long-Term LNG Supply Contract with Qatar

Jun 12, 2012 at 16:53 | Charles Kennedy

Japan has been one of the largest importers of LNG for quite some time, and has had a good relationship with Qatari natural gas producers for over 40 years.

5 of the World's Largest Firms to Collaborate on Bioplastic Development

5 of the World's Largest Firms to Collaborate on Bioplastic Development

Jun 12, 2012 at 16:52 | James Burgess

Polyethylene Terephthalate (PET) is one of the most commonly used plastics in the world. It is usually derived from oil, and degrades very slowly, creating huge amounts of non-biodegradable waste…

Latin America and the Caribbean Lack Private Investment in Renewables

Latin America and the Caribbean Lack Private Investment in Renewables

Jun 11, 2012 at 16:45 | Charles Kennedy

Free market mechanisms are failing to attract the private capital needed to develop clean energy projects in Latin America and the Caribbean.According to Bloomberg New Energy Finance and…

How a Heat Pump Could Provide Cheap, Clean Energy for your Home

How a Heat Pump Could Provide Cheap, Clean Energy for your Home

Jun 11, 2012 at 16:43 | Joao Peixe

Heat pumps offer a form of renewable energy technology readily available in the current market to provide heating and hot water for domestic use. They provide efficient, reliable methods for…

Oil Spill in Alberta Threatens Local Water Supply

Oil Spill in Alberta Threatens Local Water Supply

Jun 11, 2012 at 16:41 | Joao Peixe

An oil pipeline running through the Mountain View and Red Deer counties of Alberta, Canada ruptured on Thursday, spilling 3,000 barrels of oil. The spill leaked from Jackson Creek and…

Blackstone CEO: Now is the Time for Long-Term Energy Investments

Blackstone CEO: Now is the Time for Long-Term Energy Investments

Jun 08, 2012 at 16:27 | James Burgess

David Foley, the CEO of Blackstone Energy Partners, has said that private equity investments in energy offer much better opportunities for investors willing to take a long term view of…

Russia Wants Saudi Arabia and Qatar to Stop Supplying Weapons to Syrian Rebels

Russia Wants Saudi Arabia and Qatar to Stop Supplying Weapons to Syrian Rebels

Jun 08, 2012 at 16:25 | Joao Peixe

Russia is hoping that it can pressure Saudi Arabia and Qatar to halt the help that they are sending to Syrian rebels fighting against President Bashar al-Assad. Assad’s regime in…


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