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The Great Game Returns to Central Asia

The Great Game Returns to Central Asia

Central Asia is emerging as…

U.S. Sanctions on Venezuela Snap Back Into Place

U.S. Sanctions on Venezuela Snap Back Into Place

The U.S. has reimposed sanctions…

News

China Looks to Taiwan to Avoid U.S. Tariffs on Solar Panels

China Looks to Taiwan to Avoid U.S. Tariffs on Solar Panels

May 25, 2012 at 17:11 | James Burgess

Taiwan, known as the republic of China, collaborates deeply with its larger neighbour in global high tech supply chains, and it is only natural that as China faces 31% tariffs…

The U.S. Should Encourage More Chinese Investment in Clean Technology

The U.S. Should Encourage More Chinese Investment in Clean Technology

May 25, 2012 at 17:06 | Climate Progress

Chinese capital is finally flowing into the U.S. clean energy market. Chinese direct investment in the U.S. clean energy economy has grown from just $4 million annually in 2006…

Cities look to Small Scale Wind Power to Cut Energy Bills

Cities look to Small Scale Wind Power to Cut Energy Bills

May 25, 2012 at 16:22 | Charles Kennedy

Nearly a third of the electrical costs paid by metropolitan boroughs can be attributed to street lighting. For example, Trondheim in Germany has 21,500 street lights, which in 2006 cost…

Underground Pipe has been Leaking Jet Fuel for 40 Years at US Air Force Base

Underground Pipe has been Leaking Jet Fuel for 40 Years at US Air Force Base

May 24, 2012 at 16:54 | Charles Kennedy

Jet fuel from the Kirtland Air Force Base in Albuquerque has been leaking from 40 years. The leak was first discovered in 1999, and so far 400,000 gallons of fuel…

Europe set to Spend a Record $500 Billion on Oil Imports this Year

Europe set to Spend a Record $500 Billion on Oil Imports this Year

May 24, 2012 at 16:52 | Joao Peixe

Despite recent declines in oil prices, they still remain at incredibly high levels around the world, which has driven up spending on oil for all nations. Europe is set to…

TAPI Pipeline: A Security Nightmare All Around

TAPI Pipeline: A Security Nightmare All Around

May 23, 2012 at 17:04 | Charles Kennedy

SituationTurkmenistan has signed an agreement to provide natural gas to Pakistan and Afghanistan, which would supply the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. DynamicsProgress on the pipeline has been…

Libya in Dire Straits Ahead of Parliamentary Elections

Libya in Dire Straits Ahead of Parliamentary Elections

May 23, 2012 at 17:02 | Charles Kennedy

SituationLibya’s crude oil output allegedly rises to close to 1.6 billion bpd, but security remains a very fluid thing. Sporadic fighting is taking place throughout the country, including in…

Report Proves that Large Amounts of Methane are Released as the Arctic Ice Melts

Report Proves that Large Amounts of Methane are Released as the Arctic Ice Melts

May 23, 2012 at 16:59 | James Burgess

Greenhouse gases are changing the atmosphere and causing more energy from the sun to be trapped here upon earth, which results in the phenomena known as global warming. CO2 is…

Yemen Set to Implode as AQAP Steps Up Offensive Amid Struggle to Control Oil

Yemen Set to Implode as AQAP Steps Up Offensive Amid Struggle to Control Oil

May 23, 2012 at 16:58 | Charles Kennedy

Situation Violent conflict engulfing Yemen moves to the capital city, Sana’a, with a 21 May suicide bombing that killed more than 90 people and wounded well over 200 others…

New Analysis proves Keystone XL will Increase Gasoline Prices in the US

New Analysis proves Keystone XL will Increase Gasoline Prices in the US

May 23, 2012 at 16:55 | Joao Peixe

A new analysis by the Natural Resources Defence Council (NRDC) has found evidence that the Keystone XL pipeline would actually increase the gasoline prices paid by US customers as opposed…

What Chesapeake Energy is Really Worth to Investors

What Chesapeake Energy is Really Worth to Investors

May 22, 2012 at 17:49 | James Burgess

Chesapeake Energy recently gave a new investors presentation intending to attract more money. They started off with the statement:“During the past five weeks CHK has withstood…

Energy Storage Operators Trade Electricity to take Advantage of Price Variations

Energy Storage Operators Trade Electricity to take Advantage of Price Variations

May 22, 2012 at 17:48 | Joao Peixe

By low, sell high; the basic advise for anyone trying to make any form of profit trading on the markets. It turns out that this advice is also taken by…

Market for Energy Efficient Homes will be Worth $84 Billion Annually by 2020

Market for Energy Efficient Homes will be Worth $84 Billion Annually by 2020

May 22, 2012 at 17:46 | Charles Kennedy

According to a new report by Pike Research the market for energy efficient homes will reach an annual value of $84 billion by 2020, and have produced nearly 120 billion…

China Furious about US Antidumping Tariffs of 31% against Imported Solar Panels

China Furious about US Antidumping Tariffs of 31% against Imported Solar Panels

May 18, 2012 at 18:12 | James Burgess

The US has angered China once again, this time by announcing that antidumping tariffs of more than 31 percent will be levied on solar panels imported from China. The move…

OPEC Say Iranian Oil Production down 12% due to Sanctions

OPEC Say Iranian Oil Production down 12% due to Sanctions

May 18, 2012 at 18:10 | Charles Kennedy

A report published by the Organisation of the Petroleum Exporting Countries (OPEC) in May proves that the US sanctions are finally taking effect, as oil production, the backbone of the…

Ultra-Efficient Green Diesel to be Produced from Natural Oils and Animal Fats

Ultra-Efficient Green Diesel to be Produced from Natural Oils and Animal Fats

May 18, 2012 at 18:08 | Joao Peixe

UOP LLC, a subsidiary of Honeywell, are involved in developing the technology necessary for the refining, petrochemical, gas processing, and hydrogen industries, and are particularly focussed on developing technology to…

The UK can Protect itself from High Oil Prices by Investing in Renewables

The UK can Protect itself from High Oil Prices by Investing in Renewables

May 18, 2012 at 18:06 | Joao Peixe

National energy sectors and are still heavily dependent on the global oil market, and the global oil market is so finely balanced that any disruption ripples out to affect most…

The Ocean Prospector will Return to Operation after 14 years on the Dock

The Ocean Prospector will Return to Operation after 14 years on the Dock

May 18, 2012 at 18:04 | James Burgess

Back in 1971 ODECO designed and built The Ocean Prospector, the first ever semisubmersible drilling rig that was self-propelled, a standard feature with today’s rigs. It operated in warm waters…

Saudi Arabian Hackers Attack Iranian Oil Companies

Saudi Arabian Hackers Attack Iranian Oil Companies

May 17, 2012 at 17:19 | Joao Peixe

According to PANA News several state-backed Iranian oil firms have recently been targeted by a group of hackers from Saudi Arabia.The websites of the Iranol, the Iranian Oil…

Using Cellular Membranes to Capture Solar Energy in Space

Using Cellular Membranes to Capture Solar Energy in Space

May 17, 2012 at 17:18 | James Burgess

Solar power in space is an exciting idea, but not a new one; in fact we have covered it on previous articles here at Oilprice.com. Here we will look…

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