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China Is Winning The Race for Affordable EVs

China Is Winning The Race for Affordable EVs

While U.S. and European automakers…

Big Oil May Not Support All Trump 2.0 Policies

Big Oil May Not Support All Trump 2.0 Policies

Trump's two primary campaign promises,…

News

Petronas Make $4.7 Billion Takeover Bid for Progress Energy Resources Corp

Petronas Make $4.7 Billion Takeover Bid for Progress Energy Resources Corp

Jun 29, 2012 at 15:56 | Charles Kennedy

Many Asian companies have invested in North American shale gas in an attempt to gain both hands on experience in the fracking industry in order to develop shale gas plays…

Ecuador Now Looks to Claim its $18 Billion by Seizing Chevron's Brazilian Assets

Ecuador Now Looks to Claim its $18 Billion by Seizing Chevron's Brazilian Assets

Jun 28, 2012 at 16:57 | Joao Peixe

The case of Ecuador against Chevron continues on; and whilst Ecuador has won their landmark court judgement, Chevron is still refusing to pay the $18 billion demanded as recompense for…

EU Considers Legal Action Against UK Over Poor Air Pollution Levels

EU Considers Legal Action Against UK Over Poor Air Pollution Levels

Jun 28, 2012 at 16:56 | Charles Kennedy

Under EU law member states were required to reduce pollution levels for nitrogen dioxide (NO2) to a certain level by January 2010. Any nation that was worried it could not…

Fracking is Worth Over $100 Billion a Year to US Consumers

Fracking is Worth Over $100 Billion a Year to US Consumers

Jun 28, 2012 at 16:53 | Editorial Dept

Energy production is one of the few bright spots in the American economy. A back of the envelope cost-benefit calculation from a Yale-associated group estimates that recent increases in…

New Recycling Technique Enables Spent Nuclear Fuel Rods to be Used Again

New Recycling Technique Enables Spent Nuclear Fuel Rods to be Used Again

Jun 27, 2012 at 16:25 | Charles Kennedy

Nuclear power is currently the cheapest form of producing clean electricity, however it is inefficient and leaves waste products that are potentially very dangerous and a pain to dispose of.…

Suncor Looks for Chinese Partners to Work on Oil Sands Projects

Suncor Looks for Chinese Partners to Work on Oil Sands Projects

Jun 27, 2012 at 16:24 | Joao Peixe

Suncor Energy is the largest producer and refiner of oil in Canada. However due to ballooning costs it is now looking to create a partnership with Chinese firms as it…

Tepco Sharholders Agree to Nationalise Struggling Energy Company

Tepco Sharholders Agree to Nationalise Struggling Energy Company

Jun 27, 2012 at 16:23 | Joao Peixe

Tokyo Electric Power Company (Tepco) is the biggest energy company in Japan, but since the disaster at the Fukushima Daihatsu nuclear power plant last year it has struggled to survive.

Mubadala Looks to Invest $5.47 Billion in Brazil's Growing Economy

Mubadala Looks to Invest $5.47 Billion in Brazil's Growing Economy

Jun 27, 2012 at 16:21 | Charles Kennedy

Brazil is the largest economy in South America and is rapidly growing into one of the largest economies in the world. It has huge natural resources which are constantly being…

South Korea Become First Major Asian Customer to Halt Iranian Imports

South Korea Become First Major Asian Customer to Halt Iranian Imports

Jun 26, 2012 at 15:54 | Charles Kennedy

The EU embargo on Iranian oil is due to take effect on the 1st of July, but just before that date Ramin Mehmanparast, a spokesman for the Iranian Foreign Ministry,…

BP Investigate Fatal Explosion at Natural Gas Station in Colorado

BP Investigate Fatal Explosion at Natural Gas Station in Colorado

Jun 26, 2012 at 15:53 | Joao Peixe

Following an explosion at a natural gas compressor station in western Colorado, which killed one worker and injured two more, BP has launched a full investigation into the cause.

Vestas Cancel Plans to Build New Wind Turbine Factory in UK

Vestas Cancel Plans to Build New Wind Turbine Factory in UK

Jun 26, 2012 at 15:52 | James Burgess

The UK wind sector has been dealt a blow as Vestas has announced that they will scrap their plans to build a new wind turbine factory in the Port of…

Uruguay Announces Plans to Develop 1,000MW of Wind Power by 2015

Uruguay Announces Plans to Develop 1,000MW of Wind Power by 2015

Jun 26, 2012 at 15:51 | James Burgess

Uruguay has increased its already impressive wind power capacity targets from 800MW to 1,000MW before 2015, with over half of that expected to be under construction by the end of…

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…

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