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Europe Looks To Become An Electric Vehicle Battery Hub

Europe Looks To Become An Electric Vehicle Battery Hub

As electric vehicles continue to…

Oil Up On OPEC Optimism

Oil Up On OPEC Optimism

While broader financial markets struggle…

News

Saudi Aramco's New Venture Capital Firm to Invest in New Drilling Technologies

Saudi Aramco's New Venture Capital Firm to Invest in New Drilling Technologies

Jun 25, 2012 at 16:53 | Joao Peixe

In a confidential project Saudi Arabian Oil Co. (Saudi Aramco), the world’s largest crude oil exporter, is to set up a venture capital company to invest in international start-ups which…

Norwegian Oil Industry Workers Shutdown Wells as Negotiations Fail to Progress

Norwegian Oil Industry Workers Shutdown Wells as Negotiations Fail to Progress

Jun 25, 2012 at 16:52 | Charles Kennedy

The negotiations over pensions and wages between the Norwegian Oil Industry Association (NOIA) and trade unions Industry Energy, SAFE, and Lederene have failed to reach an agreement, despite a government-led…

French Environment Minister Removed from Post after Suspending Drilling Permits

French Environment Minister Removed from Post after Suspending Drilling Permits

Jun 25, 2012 at 16:51 | Charles Kennedy

Some of Europe’s largest oil producers, including Shell and Total, were given permission to begin drilling at four different sites around the coast of French Guiana in South America; however…

Invisible Solar Cell Almost Ready for Mass Production

Invisible Solar Cell Almost Ready for Mass Production

Jun 22, 2012 at 17:13 | James Burgess

Solar company New Energy Technologies Inc. (NET) is already known for researching and developing see through solar cells, but it is now nearly ready to start mass producing invisible solar…

UAE Bypass the Straits of Hormuz with New Oil Pipeline

UAE Bypass the Straits of Hormuz with New Oil Pipeline

Jun 22, 2012 at 17:12 | Charles Kennedy

According to the US Energy Information Administration an average of 17 million barrels a day passed through the Straits of Hormuz during 2011, about 35% of all oil traded by…

Norwegian Oil Workers Threaten to go on Strike if Negotiations Fail

Norwegian Oil Workers Threaten to go on Strike if Negotiations Fail

Jun 22, 2012 at 17:11 | Charles Kennedy

Oil trade unions in Norway, the world’s eighth largest oil exporter, have threatened to go on strike in the next few days if negotiations with the national energy firms do…

New Feed-In Tariffs will Create Huge Solar Boom in Japan

New Feed-In Tariffs will Create Huge Solar Boom in Japan

Jun 22, 2012 at 17:10 | Joao Peixe

After the nuclear meltdown at Tokyo Electric Power Co.’s Fukushima Dai-Ichi plant last year and the subsequent off-lining of their entire nuclear industry, Japan suddenly found itself with a huge…

Swedish Nuclear Industry on High Alert after Explosives Found on Truck

Swedish Nuclear Industry on High Alert after Explosives Found on Truck

Jun 21, 2012 at 16:32 | James Burgess

Sweden produces about 50 percent of its electricity from nuclear sources. It has ten reactors, four of which are based at eh Ringhals power plant, 45 miles south of the…

Chesapeake Replace McClendon with Ex-Conoco Chief as Chairman

Chesapeake Replace McClendon with Ex-Conoco Chief as Chairman

Jun 21, 2012 at 16:31 | Charles Kennedy

Aubrey McClendon is the co-founder, chief executive officer, and chairman of Chesapeake Energy Corp., the second largest natural gas producer in the US. However, since Reuters released a report back…

Which EU Countries are on Track to Achieve 2020 Renewable Energy Targets?

Which EU Countries are on Track to Achieve 2020 Renewable Energy Targets?

Jun 21, 2012 at 16:30 | Charles Kennedy

It has recently been reported that in 2010 renewable energy sources provided 12.4% of overall energy consumption within the European Union, up from 11.7% in 2009.Sweden sourced the…


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