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Oil Moves Higher on Crude, Fuel Inventory Draw

Oil Moves Higher on Crude, Fuel Inventory Draw

Crude oil prices ticked higher…

What Would the Re-Election of Trump Mean for U.S. Energy?

What Would the Re-Election of Trump Mean for U.S. Energy?

A potential Trump re-election could…

Kazakhstan, Azerbaijan, and Uzbekistan Forge Green Energy Export Alliance

Kazakhstan, Azerbaijan, and Uzbekistan Forge Green Energy Export Alliance

Kazakhstan, Azerbaijan, and Uzbekistan join…

News

Global Warming Causes Volcanic Eruptions

Global Warming Causes Volcanic Eruptions

Dec 27, 2012 at 18:05 | Joao Peixe

Volcanic eruptions can affect the climate. Huge eruptions release millions of tons of sulphur dioxide into the air which then remains in the atmosphere for a few years, reflecting sunlight…

Iran's ever more Creative Ways of Avoiding Western Sanctions

Iran's ever more Creative Ways of Avoiding Western Sanctions

Dec 21, 2012 at 17:08 | James Burgess

As time passes Iran is becoming increasingly creative in its methods of avoiding Western sanctions and this creativity has enabled it to keep its revenues from exported petroleum products at…

Ancient Amazonian Caves at Risk from Mine's Expansion Plans

Ancient Amazonian Caves at Risk from Mine's Expansion Plans

Dec 21, 2012 at 17:05 | Joao Peixe

Deep in the Brazilian Amazon there are a series of caves which archaeologists believe were inhabited by the some of the first people to live in the jungle, over 8,000…

Oil Tanker Carrying Bakken Crude Runs Aground in the Hudson River

Oil Tanker Carrying Bakken Crude Runs Aground in the Hudson River

Dec 21, 2012 at 17:04 | James Burgess

The first ever oil tanker to carry Bakken crude oil from Albany, NY, to Irving Oil Corp’s refinery in Canada ran aground in the Hudson River yesterday. The…

World Bank Agrees to Arbitrate Repsol's Complaint against Argentina

World Bank Agrees to Arbitrate Repsol's Complaint against Argentina

Dec 21, 2012 at 17:02 | Joao Peixe

Two weeks ago Repsol filed a complaint with the International Center for Settlement of Investment Disputes (ICSID), a division of the World Bank, over Argentina’s seizure of the energy company…

UK Met Office Predicts Next Year will One of the Hottest Ever

UK Met Office Predicts Next Year will One of the Hottest Ever

Dec 21, 2012 at 17:00 | Charles Kennedy

The UK Met Office has predicted that 2013 will be another scorcher, saying that it will be one of the warmed years on record, with the global average temperature expected…

ConocoPhillips Sells Nigerian Assets for $1.79 Billion

ConocoPhillips Sells Nigerian Assets for $1.79 Billion

Dec 21, 2012 at 16:59 | Joao Peixe

As part of its plans to cut back on less profitable, overseas assets in order to focus on low-cost domestic shale production in the US, ConocoPhillips has announced that it…

California's Solar Powered Prisons Help Reduce Energy Costs

California's Solar Powered Prisons Help Reduce Energy Costs

Dec 21, 2012 at 16:58 | Joao Peixe

The US has the largest prison population in the world by quite a long way; the 2,193,798 convicts that inhabit the near 2,000 prisons across the US, cost taxpayers around…

200 Year Old NYSE to be Bought for $8.2 Billion

200 Year Old NYSE to be Bought for $8.2 Billion

Dec 20, 2012 at 16:36 | James Burgess

The operator of the world famous New York Stock Exchange (NYSE), NYSE Euronext, has today agreed to be sold to IntercontinentalExchange (ICE) in an $8.2 billion deal.ICE, which…

Worries that Matt Damon's New Film may Turn American's against Fracking

Worries that Matt Damon's New Film may Turn American's against Fracking

Dec 20, 2012 at 16:35 | Charles Kennedy

With his new film ‘Promised Land’, Matt Damon is enetering the fracking debate, and fracking companies are worried that his celebrity status could help to influence many  people, turning them…

Chevron Signs Deal to Help YPF Develop the Vaca Muerta Shale Formation

Chevron Signs Deal to Help YPF Develop the Vaca Muerta Shale Formation

Dec 20, 2012 at 16:33 | Joao Peixe

Miguel Galuccio, the president of YPF, and Ali Moshiri, Chevron’s Latin America and Africa chief have just signed a letter of intent to begin work on the development of a…

5 Simple Tips to Reduce Office Energy Consumption at Christmas

5 Simple Tips to Reduce Office Energy Consumption at Christmas

Dec 20, 2012 at 16:32 | Joao Peixe

As the holiday season beckons the Carbon Trust, the carbon management and reduction company, is urging businesses to reduce their energy consumption by turning off all unnecessary appliances. According to…

US Oil Production Increases by Largest Amount since Records Began

US Oil Production Increases by Largest Amount since Records Began

Dec 19, 2012 at 16:48 | Charles Kennedy

Seven years ago George W. Bush declared that, “America is addicted to oil, much of which is imported from unstable parts of the world.”That statement is certainly not…

Investors Steer Clear of Iraq

Investors Steer Clear of Iraq

Dec 19, 2012 at 16:47 | Joao Peixe

It has been nine years since US-led forces toppled Saddam Hussein’s dictatorship in Iraq and yet due to various deep-routed problems few have capitalised on plan’s to revive the nation’s…

Coal Demand to Rival Oil within 5 Years

Coal Demand to Rival Oil within 5 Years

Dec 19, 2012 at 16:45 | James Burgess

The IEA (International Energy Agency), has just released its Medium Term Coal Market report in which it has predicted that coal will grow to rival oil as the world’s largest…

Europe's Largest Onshore Wind Farm comes Online

Europe's Largest Onshore Wind Farm comes Online

Dec 19, 2012 at 16:44 | Joao Peixe

There has been much talk about giant offshore wind farms lately, such as the completion of the London Array; now it is time to look at a giant onshore…

Gazprom Set to Reduce Price of Natural Gas Sent to Europe

Gazprom Set to Reduce Price of Natural Gas Sent to Europe

Dec 18, 2012 at 16:45 | Joao Peixe

Demand for natural gas in Europe has fallen this year as the economic downturn has forced consumers to cut back on expenditures. This desire to reduce expenses has led many…

Paul Krugman: China's Economic Growth May Kill Us All

Paul Krugman: China's Economic Growth May Kill Us All

Dec 18, 2012 at 16:44 | Joao Peixe

Paul Krugman, the Nobel Prize winning economist and New York Times columnist, believes that China is a great example of human success. The speed and power of its economic growth,…

Peter Thiel Looks to Tornadoes as a Source of Renewable Energy

Peter Thiel Looks to Tornadoes as a Source of Renewable Energy

Dec 18, 2012 at 16:43 | James Burgess

Peter Thiel’s philanthropic organisation, the Thiel Foundation, operates a special grant-making body known as Breakout Labs, which invests in early-stage science ventures that are too experimental, or currently unprofitable, to…

Plans Submitted for World's Largest Offshore Wind Farm

Plans Submitted for World's Largest Offshore Wind Farm

Dec 18, 2012 at 16:42 | Charles Kennedy

Just shortly after the world’s largest offshore wind farm, the London Array, has been completed off the coast of the UK, plans for yet another giant offshore wind farm have…

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