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News

U.S. Firms Accused of Buying Natural Gas from Known Mexican Smugglers

U.S. Firms Accused of Buying Natural Gas from Known Mexican Smugglers

Apr 11, 2012 at 17:05 | James Burgess

For five years Pemex Exploracion y Produccion has accused US companies of enabling a black market in natural gas liquids to exist by knowingly buying stolen gas from Mexican bandits.…

Iran Continues to Cut its Oil Exports to European Countries

Iran Continues to Cut its Oil Exports to European Countries

Apr 11, 2012 at 17:03 | Joao Peixe

Iran used to count Britain, France, Spain, the Netherlands, Greece, Germany, Italy and Portugal amongst its European customers. However when the EU and US sanctions were announced back in January,…

Chesapeake Sells Assets to Help Reduce Long-Term Debts of $10.6 Billion

Chesapeake Sells Assets to Help Reduce Long-Term Debts of $10.6 Billion

Apr 11, 2012 at 17:01 | James Burgess

With natural gas prices at a ten year low many nat gas producers are struggling to make any profits. Chesapeake Energy Corp. has found itself with mounting debts and has…

Fleeing Babylon

Fleeing Babylon

Apr 11, 2012 at 16:27 | Editorial Dept

FEMA camps, increasing earthquakes, government intrusion, warrantless searches, global economic collapse, mandated healthcare, RFID tagging, climate change, solar kill shots, terrorist threats, violent social unrest, court-driven legislation, unprecedented Presidential control,…

NYMEX Energy Snapshot for April 10 2012

NYMEX Energy Snapshot for April 10 2012

Apr 11, 2012 at 09:07 | Shea Laverty

Tuesday proved to be a day of marginal gains and in some cases, considerable losses on the NYMEX commodity market.The NYMEX Crude future saw a miniscule gain, increasing…

Croatian Environmental Projects Take a Bribery Hit

Croatian Environmental Projects Take a Bribery Hit

Apr 10, 2012 at 14:08 | John Daly

In the Manichean struggle between the forces of light and dark, energy companies are frequently portrayed as accomplices to Darth Vader with their disregard of the environmentalists, whilst everyone else…

Ahmadinejad Claims Iran can Survive Two to Three Years under Oil Sanctions

Ahmadinejad Claims Iran can Survive Two to Three Years under Oil Sanctions

Apr 10, 2012 at 13:35 | James Burgess

The European Union and US sanctions against Iran, intended to limit its oil exports and put the nation under economic pressure, will soon take full effect. They have been established…

Chile's Acceptance as a Developed Nation is Hampered by its Energy Problems

Chile's Acceptance as a Developed Nation is Hampered by its Energy Problems

Apr 10, 2012 at 13:34 | James Burgess

In 2010 Chile had a GDP per capita of $15,400, far more than most of its neighbours and a sign that it could be become one of the first Latin…

How Urbanisation will Change in the Future

How Urbanisation will Change in the Future

Apr 10, 2012 at 13:21 | Editorial Dept

In 2009, the percentage of the planet’s population living in urban areas crossed the 50% threshold…this year the population of the world’s cities will grow by a further 65 million…

American Natural Gas Reserves Almost at Full Capacity, Prices Set to Dive

American Natural Gas Reserves Almost at Full Capacity, Prices Set to Dive

Apr 09, 2012 at 18:20 | James Burgess

Natural gas prices are at a 10 year low in North America and are only predicted to fall further as production continues at record levels. In fact so much natural…

Apple to Build Giant Hydrogen Fuel Cell to Provide Electricity for the Grid

Apple to Build Giant Hydrogen Fuel Cell to Provide Electricity for the Grid

Apr 09, 2012 at 18:15 | James Burgess

Hydrogen fuel cells offer a scalable, clean, renewable energy source. They are currently used in some automobiles, but due to the ease of scalability can be used to create large…

Why Climate Change is Such a Tough Sell

Why Climate Change is Such a Tough Sell

Apr 09, 2012 at 18:13 | Charles Kennedy

Climate change has been a debate that has polarised the world for a few years. The majority now believe, but not sufficiently to create the support needed to turn the…

Chevron Use Solar Energy to Help Extract Heavy Oil

Chevron Use Solar Energy to Help Extract Heavy Oil

Apr 09, 2012 at 18:11 | Joao Peixe

Heavy oil accounts for a large portion of new oil being produced around the world today. It is known as heavy oil due to its high viscosity which makes it…

How the UK Could Receive 60% of Electricity from Renewables by 2020

How the UK Could Receive 60% of Electricity from Renewables by 2020

Apr 08, 2012 at 09:49 | Green Futures

This seemingly optimistic scenario is very much a possibility according to a report by WWF, so what will it take for us to get ahead of the game now and…

New Shetland Wind Farm to be the Most Productive in the World

New Shetland Wind Farm to be the Most Productive in the World

Apr 05, 2012 at 16:54 | Charles Kennedy

The Shetland Islands in the north-east of Scotland regularly experience the highest wind speeds in Europe, and to take advantage of this a new on-shore wind farm project has been…

ConocoPhillips Board Approves Plan to Split into Two Companies

ConocoPhillips Board Approves Plan to Split into Two Companies

Apr 05, 2012 at 16:51 | Joao Peixe

Over the past several years ConocoPhillips has invested billions of dollars to help it grow into the third largest oil company in America, behind Exxon and Chevron. They bought Burlington…

The Law that Prevents Cheap Fuel for America

The Law that Prevents Cheap Fuel for America

Apr 05, 2012 at 16:50 | James Burgess

100 million acres of American farmland is used to grow corn, of which a third is then turned into approximately 14 billion gallons of cellulosic ethanol. Yes it helps to…

Grid-Scale Energy Storage to be worth $113.5 Billion per Year by 2017

Grid-Scale Energy Storage to be worth $113.5 Billion per Year by 2017

Apr 04, 2012 at 17:06 | Charles Kennedy

Lux Research, an independent research and advisory firm providing strategic advice and on-going intelligence for emerging technologies, have recently released a bottom-up evaluation of energy storage technologies for grid-scale application.…

Why America will become an Export Powerhouse

Why America will become an Export Powerhouse

Apr 04, 2012 at 13:20 | Editorial Dept

At least three forces are likely to combine to make the United States an [increasing] export powerhouse.First, artificial intelligence and computing power are the future, or even the…

Asia's Oil Majors Look to North America for Oil and Gas

Asia's Oil Majors Look to North America for Oil and Gas

Apr 03, 2012 at 17:28 | James Burgess

The price difference between North American natural gas and that in Asia has attracted many Asian firms, such as PetroChina Co., Mitsubishi Corp., and Cnooc Ltd., to invest in the…

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