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News

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…

New Type of Solar Array Provides Twice as Much Power as Normal Panels

New Type of Solar Array Provides Twice as Much Power as Normal Panels

Aug 10, 2012 at 17:38 | James Burgess

Researchers at the University of Arizona have developed a new method for turning solar energy into useable electricity. They have designed a solar module which works rather like a telescope.…

The US Army has $7 Billion to Spend on Renewable Energy

The US Army has $7 Billion to Spend on Renewable Energy

Aug 10, 2012 at 17:38 | Joao Peixe

In order to achieve the Department of Defence’s initiative to generate 25 percent of all energy demanded on its bases from renewable energy sources by 2025, the US Army has…

IEA Believes Global Oil Demand Growth will Fall in 2013

IEA Believes Global Oil Demand Growth will Fall in 2013

Aug 10, 2012 at 17:36 | Charles Kennedy

The IEA has agreed with the US government and OPEC, who forecast that global oil demand growth will fall in 2013, despite the low levels of growth this year due…

Why the EU will not Survive

Why the EU will not Survive

Aug 10, 2012 at 17:35 | Editorial Dept

The problem, I think, is much more serious than Rajoy’s flunking hard choices, and I don’t think there was anything he could do to increase the country’s credibility in a…

Is Cold Fusion Finally Being Accepted by the Scientific Community?

Is Cold Fusion Finally Being Accepted by the Scientific Community?

Aug 09, 2012 at 16:51 | James Burgess

Back in 1989 two of the greatest electrochemists in the world, Stanley Pons and Martin Fleischmann, mad a remarkable announcement. They had witnessed low energy nuclear reactions (LENR) at an…

How Much Will the Chevron Refinery Fire Affect Gasoline Prices?

How Much Will the Chevron Refinery Fire Affect Gasoline Prices?

Aug 09, 2012 at 16:50 | Charles Kennedy

The fire at Chevron’s refinery in Richmond, California is expected to cause gasoline prices to rise, although analysts do not yet know by how much. They are waiting until Chevron…

Russia Fears China's Growing Influence in Siberia and the Far East

Russia Fears China's Growing Influence in Siberia and the Far East

Aug 09, 2012 at 16:49 | Joao Peixe

Russia and China have strong diplomatic and trade relations, often supporting each other in the UN, yet there is a source of tension between the two nations which has been…

Walmart Installs 1.0 MW Wind Turbine at California Distribution Centre

Walmart Installs 1.0 MW Wind Turbine at California Distribution Centre

Aug 09, 2012 at 16:48 | Joao Peixe

Walmart has announced its latest sustainable development initiative. It will install an industrial sized wind turbine at the Red Bluff distribution centre in California. The new GE 1.0 MW turbine…

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